Q-1 which of
the following is not a sub-field of accounting?
1.
Management
accounting
2.
Cost
accounting
3.
Financial
accounting
4.
Book-keeping
Q-2 Book-keeping is mainly concerned with :
1.
Recording
of the financial data
2.
Interpreting
the data for internal and external users.
3.
Designing
the systems in recording, classifying and summarizing the recorded data.
4.
None
of the above
Q-3 Financial Position of the business is
ascertained on the basis of :
1.
Records
prepared under book-keeping process.
2.
Trial
Balance
3.
Accounting
reports
4.
None
of the above
Q-4 Full Form
of ICAI.
Q-5 Explain
the functions of accounting.
Q-6 Explain
the limitations of accounting.
Q-7 Write
any three examples of revenue and capital expenditure.
Q-8 Explain
the objectives of accounting.
Q-9 Explain
the users of accounting.
Q-10 Explain
the process of accounting.
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