Finance Accounting

Finance Accounting Quiz

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Finance Accounting

Finance Accounting Quiz

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Financial manager would play the role of ________________ in the area of finance:-

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The system  of  recording  transaction  having  two   fundamental aspect   is known as :-

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The  amount   of cash or  goods invested  by  the  proprietor in   a business is called  :-

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Which is an example of  deferred revenue account:-

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Trial balance   is  prepared  to check  accuracy  of  ;-

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FL is zero if;-

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ABC analysis is used for analyzing the inventories:-

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For a non trading concern, honorarium paid is:-

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All items of revenue in nature are shown in;-

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Income  and  Expenditure  accounts  generally include ;-

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A receipts and payment account is nothing but a summary of all capital receipt and payments:-

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If amount in debit column of ledger is greater than its credit column the balance is called:-

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Which is not a not  for profit organisation:-

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All revenue  incomes are credited  to :-

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The  individual  field  in the sheet is  known as ;-

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The  _________  includes  a  control account   entitled   general  ledger  that shows  is equity  of  the general  office in   the factory :-

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Receipt and payment account is a:-

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Sales and   purchase  journal  do not  record ;-

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Higher OL is related to the use of higher:

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Inventory turnover measure the relationship of inventory with;-

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___________ is an example of contra account:-

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Royalty is  a  revenue  expenditure  to lessor ;-

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Which is not a motive to hold cash:-

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According to the going concern concept, a business entity should assumed to have:-

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Financial Leverage arises because of:-

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