Recording of transaction in a Journal is called
Anonymous Quiz
20%
Posting
74%
Journalising
6%
Transfer
0%
Ruling
Out of the following assets, which one is not an intangible asset?
Anonymous Quiz
11%
Patents
11%
Trademark
22%
Goodwill
56%
Investment
Every successful organization gets success by following a systematic procedure. This procedure is called _____
Anonymous Quiz
22%
Coordination
7%
Controlling
52%
Management
19%
Planning
From the options below, decision-making is the part of which one?
Anonymous Quiz
13%
Organizing
66%
Planning
6%
Staffing
15%
Directing
The art of recording all business transactions in a systematic manner in a set of books is called ____
Anonymous Quiz
40%
Accounting
45%
Bookkeeping
10%
Ledger
6%
Accountancy
Which of the following is not a business transaction?
Anonymous Quiz
7%
Bought furniture for Rs 10,000 for business
5%
Paid for salaries of employees Rs 12,000
29%
Paid son's fees from the business Rs 2000
58%
Paid son's fees from his personal bank account Rs 8000
The Pioneer of Accounting is ___
Anonymous Quiz
10%
Arthur Field House
35%
William Pickles
10%
Gitman
45%
Lucas Pacioli
Which of the following has a credit balance?
Anonymous Quiz
17%
Carriage Inward
48%
Discount Received
19%
Bad Debts
16%
Carriage Outward
The primary feature of planning that restricts flexibility is ____
Anonymous Quiz
47%
Rigidity
14%
Continuity
31%
Decision making
9%
Coordination
A limitation of planning is __
Anonymous Quiz
16%
Focus on outcomes
11%
Facilitates control
63%
Time consuming
9%
Encourages innovation
Basic function of financial accounting is to ____
Anonymous Quiz
39%
Record all business transactions
4%
Interpret financial data
2%
Assist the management
54%
All of the above
Goodwill account is a _____
Anonymous Quiz
23%
Personal Account
35%
Nominal Account
32%
Real Account
11%
All of the above
📢 Important Update
For memes, notes and updates → Join our WhatsApp channel 👇
https://whatsapp.com/channel/0029Va5amR3K0IBlsasHIA1F
MCQs will now be posted on Telegram. Aa jao fatafat. Waiting for you ❤️
Posts par react bhi kr dena 😊
For memes, notes and updates → Join our WhatsApp channel 👇
https://whatsapp.com/channel/0029Va5amR3K0IBlsasHIA1F
MCQs will now be posted on Telegram. Aa jao fatafat. Waiting for you ❤️
Posts par react bhi kr dena 😊
Commerce Study™
WhatsApp Channel ka link work kr rha hai naa?
Jinka link work nahi kr rha wo Google Chrome par jaakar paste kr do link. Fir view in WhatsApp kro. Mil jayega channel.
Kr do jaldi se follow ab 🙏
Kr do jaldi se follow ab 🙏
Kuch easy easy MCQs laaya hun 📝
Galti se galat mat kar dena 😉
All the best commerce warriors! 👍
Galti se galat mat kar dena 😉
All the best commerce warriors! 👍