1.
Amount paid or payable against purchase of goods is:
1 out of 10
2.
As per Income Tax Act, accounting period is:
2 out of 10
3.
Which of the following is a business transaction?
3 out of 10
4.
Valuation of stock at lower of cost or net realisable value is an example of:
4 out of 10
6.
Which of the following is not an expense?
6 out of 10
7.
Accrual concept is based on:
7 out of 10
8.
Concept of Consistency means:
8 out of 10
9.
Which of the following transaction is not of financial character?
9 out of 10
10.
Sale of goods to Ram for cash is debited to:
10 out of 10
