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Question
Accounting is the process of matching
Options:
A
.
 Benefits and costs
B
.
 Revenues and costs
C
.
 Cash inflows and outflows
D
.
 Potential and real performance
Answer: Option B
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More Questions on This Topic :
Question 1.
Which of the following event is subject matter of Accounting?....
Question 2.
Which one of the following accounting equations is correct?....
Question 3.
Purchase book is maintained to record....
Question 4.
Those transactions for which there is no separate book, are recorded in the....
Question 5.
A document sent to customer when he returns the goods is called....
Question 6.
Accounting provides information on....
Question 7.
The long term assets that have no physical existence but are rights that have value is known as....
Question 8.
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as....
Question 9.
The debts which are to be repaid within a short period (year or less) are known as....
Question 10.
Patents, Copyrights and Trademarks are....
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