A) Ledger B) Cash book C) Income statement D) Balance sheet
A) Goodwill B) Preference dividend C) Trade debtors D) Cost of sales
A) Long-term liability B) Current liability C) Intangible asset D) Current asset
A) Reserves B) Share capital C) Fixed assets D) Debtors
A) Income and expenses B) Assets and liabilities C) Goods bought and sold D) Debtors only
A) In alphabetical order B) From top to bottom C) Side by side D) In T-shape
A) Government taxes B) Short-term funds C) Daily transactions D) Long-term funds
A) Increase prices of goods B) Increase tax rates C) Protect investors D) Reduce salaries
A) NSE B) Ministry of Finance C) SEC D) Central Bank
A) Securities and Exchange Commission B) Savings and Economic Council C) Security Enforcement Centre D) Stock Exchange Commission
A) Distribution B) Farming C) Cooking D) Surveillance
A) Hiring brokers B) Buying shares C) Reducing salaries D) Investigation and enforcement
A) Train teachers B) Manufacture currency C) Facilitate buying and selling of securities D) Prepare budgets
A) Managers B) Brokers C) Traders D) Jobbers
A) After one year B) Through donations C) By instalments D) Immediately
A) Hirer B) Consignee C) Consignor D) Owner
A) Vendor B) Debtor C) Hirer D) Consignee
A) Cashbook B) Trial balance C) Interest account D) Purchases journal
A) Vendor B) Hirer C) Consignor D) Consignee
A) Seller B) Consignee C) Trader D) Consignor
A) Transport B) Rent C) Salaries D) Bad debts
A) Making losses B) A short-term project C) Long-term business D) Only partnerships
A) Partners share profits B) Joint control C) Temporary in nature D) Long-term relationship
A) Cashbook B) Purchases journal C) Sales day book D) Joint venture memorandum account
A) Lawyers B) Market makers who trade on their own behalf C) Farmers D) Government workers
A) Bank loans B) Agricultural commodities C) School supplies D) Automobiles
A) Money used to pay rent B) Salaries C) Money kept for future use D) Bad debts
A) Creditors B) Government C) Existing shareholders D) Customers
A) Seller agrees B) Full payment is made C) Buyer signs the document D) Goods are delivered
A) Purchases account B) Consignee’s account C) Consignor’s account D) Balance sheet |