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Accounting Objective Type Questions | PDF Download | | Page 1
Home» Financial Accounting Basics» Financial Accounting Basics Multiple Choice Questions. Correct! The income statement displays all revenues and expenses recorded in a period in a single report. Close me! Incorrect! The balance sheet displays assets, liabilities, and owner’s equity. Free Download PDF of Accounting Questions with Answers as per exam pattern, to help you in day to day learning. We provide all important questions and answers for all Exam. Go To Download Page Close. 1. What is the main objective of financial accounting? [A] profit and loss account only. Accounting Test Question With Answers On Accounting Equation and Debit And Credit _____ (Page 1) ˘ ˇ ˆ ˙˝ ˘ ˇ ˘˘ ˙˝˘ ˙˛ ˙ ˇ ˘˘ ˙ • Section C questions on Multiple Choice Question Accounting Test Question With Answers On.
Accounting multiple choice questions and answers download pdf
We provide all important questions and answers for all Exam. Toggle navigation. Computer Sc. Home General Knowledge accounting questions and answers. Go To Download Page Close.
In profit and loss account, if debit is more than the credit, the difference is [A] net profit [B] net loss [C] gross profit [D] none of the above Answer: Option [A]. Assets which are acquired and held permanently and used in the business with the objective of making profits is known as [A] fixed assets [B] current assets [C] intangible assets [D] none of the above Answer: Option [A].
Which of the following assets have definite physical share or identity accounting multiple choice questions and answers download pdf existence?
The ratios which reflect managerial efficiency in handling the assets is [A] turnover ratios [B] profitability ratios [C] short term solvency ratio [D] none of the above Answer: Option [A]. The ratios which reveal the final result of the managerial policies and performance is [A] turnover ratios [B] profitability ratios [C] long term solvency ratio [D] none of the above Answer: Option [B]. Which of the following matches with fixed assets ratio? The ratio which determines the profitability from the shareholders point of view is [A] return on investment [B] gross profit ratio [C] return on shareholders funds [D] operating profit ratio Answer: Option [C], accounting multiple choice questions and answers download pdf.
The ratio which shows the proportion of profits retained in the business out of the current year profits is [A] retained earnings ratio [B] pay out ratio [C] earnings per share [D] None Answer: Option [A]. How the dividend is related to the market value of shares?
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, time: 24:23Accounting multiple choice questions and answers download pdf
Accounting Multiple Choice Questions and Answers [Pdf Download]: Here learn introduction to financial accounting multiple choice questions and answers and download financial accounting mcqs with answers pdf. Accounting Pdf Download Click Here. MULTIPLE CHOICE QUESTIONS CHAPTERS 1 – 5 CHAPTER 1 1. Which of the following jobs check accounting in ledgers and financial statements? (A) Financial (B) Audit (C) Management (D) Budget Analysis ANSWERS 1. D 2. B 3. A 4. C. CHAPTER 3 1. The elements of the accounting equation are I. . MULTIPLE CHOICE QUESTIONS ON BASIC ACCOUNTING Q1] Which accounting concept satisfy the valuation criteria A] Going concern, Realisation, Cost b) Going concern, Cost, Dual aspect c) Cost, Dual aspect, Conservatism d) Realisation, Conservatism, Going concern.
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