1.
During the life-time of an entity, accounting produces financial statements in accordance with which of the following accounting concept?
1 out of 10
2.
Which of the following are goods?
2 out of 10
3.
Revenue from Operations refers to:
3 out of 10
4.
According to which of the following accounting concepts, even the proprietor of a business is treated as creditor to the extent of his capital?
4 out of 10
5.
According to which Concept the same accounting methods should be used each year:
5 out of 10
8.
Which of these is not a fundamental accounting assumption?
8 out of 10
9.
According to the Business Entity Concept:
9 out of 10
10.
Which of the following is not a fixed asset?
10 out of 10