Sail E0 Webinar

MCQs

Total Questions : 250 | Page 17 of 25 pages
Question 161. Capital is treated as liability because of
  1.    Dual aspect concept
  2.    Money measurement concept
  3.    Matching concept
  4.    Entity concept
 Discuss Question
Answer: Option D. -> Entity concept
Question 162. ______ are the liabilities which are payable after a long period
  1.    Fixed liabilities
  2.    Miscellaneous expenditure
  3.    Current liabilities
  4.    Contingent liabilities
 Discuss Question
Answer: Option A. -> Fixed liabilities
Question 163. A trial balance is prepared
  1.    To prepare p &l a/c
  2.    To test the arithmetical accuracy
  3.    For making adjustments
  4.    To balance the a/c
 Discuss Question
Answer: Option B. -> To test the arithmetical accuracy
Question 164. ______ is an example for long term liabilities
  1.    Creditors
  2.    Debentures
  3.    Overdraft
  4.    Bills payable
 Discuss Question
Answer: Option B. -> Debentures
Question 165. _______ is the collection of all accounts
  1.    Journal
  2.    Voucher
  3.    Invoices
  4.    Ledger
 Discuss Question
Answer: Option D. -> Ledger
Question 166. The process of ascertaining the balance of a particular account on a given date is
  1.    Posting
  2.    Journalizing
  3.    Balancing
  4.    Accounting
 Discuss Question
Answer: Option C. -> Balancing
Question 167. _______ is the book of original entry
  1.    Journal
  2.    Voucher
  3.    Invoices
  4.    Ledger
 Discuss Question
Answer: Option A. -> Journal
Question 168. _______ is the expense which is unpaid at the end of the accounting period
  1.    Outstanding expenses
  2.    Prepaid expenses
  3.    Proposed expenses
  4.    Working capital
 Discuss Question
Answer: Option A. -> Outstanding expenses
Question 169. _____ is an example for tangible assets
  1.    Furniture
  2.    Debtors
  3.    Patent
  4.    Discount on issue of shares and debentures
 Discuss Question
Answer: Option A. -> Furniture
Question 170. Tally package is developed by
  1.    Peutronics
  2.    Tally Solutions
  3.    Coral Softwares
  4.    Vedika Softwares
 Discuss Question
Answer: Option B. -> Tally Solutions

Latest Videos
Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Sail E0 free webinar Webinars
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

GPOE / GPA Combined 1 Free Mock Test SAIL JO E-0 2024
Chapter 3.1 : INTRODUCTION Chapter 3 : Sinter Plant SAIL E0 - GPOE/GPA 2024
Chapter 2.3 : COAL HANDLING PLANT - Set 1 Chapter 2 : Coke Ovens and Coal Chemicals SAIL E0 - GPOE/GPA 2024
Chapter 1.1 : INTRODUCTION Chapter 1 : Raw Material Handling Plant SAIL E0 - GPOE/GPA 2024
DSP Combined 1 Free Revision Test SAIL JO E-0