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