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