Test 11th (Accountancy)

According to Consistency Concept:


According to Accrual Concept :


According to Going concern concept


According to the Cost Concept


According to the Money Measurement Concept


According to the Business Entity Concept


Which of the following is not a long-term liability ?


Which of the following is not a fixed asset:


Which of the following is not a business transaction:


Bank OverDraft is


The amount invested by the proprietor in a business is called


A liability arises because of


Purchase refers to buying of


A person to whom money is owed by a firm is called


A person who owes money to a firm is called a


Which of the following is not an internal user of financial statements ?


Which of the following is/are a sub-field[s] of accounting ?


Cost Accounting is related to


The basic function of financial accounting is to :


Which is the last step of accounting as a process of information:


Which is the first step of accounting process:


Which qualitative characteristic of accounting information is reflected when accounting information is clearly presented:


Book keeping is mainly concerned with

























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Accountancy

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Accountancy

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Usman Khan
Experienced Faculty of Commerce, Finance & Law Subjects
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