Financial Accounting MCQs

There are ___ types of primary books

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There are ___ types of primary books

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___ records credit sale of traded goods

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___ records credit sale of traded goods

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___ is the residual interest of owners in assets over liabilities

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___ is the residual interest of owners in assets over liabilities

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___ records goods returned to the supplier (s)

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___ records goods returned to the supplier (s)

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The term Credit is derived from

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The term Credit is derived from

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Voucher can be of

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Voucher can be of

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There are ___ elements of profit and loss Account

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There are ___ elements of profit and loss Account

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The success of business depends on the factor

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The success of business depends on the factor

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The effect of over capitalization is _ and of under capitalization is _ dividend rates

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The effect of over capitalization is ___ and of under capitalization is ___ dividend rates

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Luca Fra Pacioli, ___ mathematician

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Luca Fra Pacioli, ___ mathematician

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Which of the following is a source of cash flows?

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Which of the following is a source of cash flows?

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Which of the following is a component of money management?

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Which of the following is a component of money management?

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