Financial Accounting MCQs

Interpretation means

April 23, 2022

20 Views

Interpretation means

Q. Interpretation means

A. Concerned with preparation and presentation of classified data

B. Systematic analysis of recorded data

C. Methodical classification of data given in Financial Statements

D. Explanation of meaning and significance of the data in Financial Statements

Answer: Explanation of meaning and significance of the data in Financial Statements

Take Mock Tests

Government Schemes Mock Test	Start Test!
Political Science Mock Test – 42	Start Test
History Test – 190	Start Test
Quantitative Aptitude Test	Start Test!
Data Interpretation - Mock Test	Start Test!
General Awareness - Mock Test	Start Test!
Reasoning Ability - Mock Test	Start Test!

Interpretation means

Previous

In income measurement & recognisation of assets & liabilities which of the following concepts goes together ?

Interpretation means

Next

A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated.

Related Articles

Sar Utha ke Jiyo is the tag line of –

Sar Utha ke Jiyo is the tag line of –

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Bonds issued by Indian entities outside India but denominated in Indian rupees are known as

Fiscal policy is concerned with which of the following?

Fiscal policy is concerned with which of the following?

In which area, different accounting policies are adopted?

In which area, different accounting policies are adopted?

We will be happy to hear your thoughts

Leave a reply Cancel reply