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