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#1
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1-If i were-----, i wouldn't tell a lie.
(He, his, him) 2------- English literature is my favourite subject (No article, an, a, the) 3-He is older tha------ (I, me, myself, mine) 4-The prime minister gave------ the prizes (Out, in, away, up) 4-the rebels held -----' for a year ( away, Around, AT, OUT) 5-he along his brothers ----- reading books (is, are, wer, have been ) 6-A boy is giving ----' bills in the street (Out, away, in,) 7. I ---- studing in this uni for 3 years. . (Am, have , have been, was) Every morning he --- for walk. . (go, went, goes, have gone) 8. . Error of omission arise?? (Wholly or partially recoreded, incorrectly recorded, forget to record, none of above) 9. . The main objective of depreciation. . . . . (To calculate tax, to calculate profit &n loss, to collect amount for replacement of asset, correct valuation of balance sheet) 10. . The loss on sale of machinery is to written of from ( depreciation a/c, share premiun a/c, etc) 11. . Loss is revenue if (On current assets, due to normal reasons, on fixed assets, none of above) 12. . Share premiun a/c is used to ( issue bonus share, write off discount on shares, to raise capital, none of above) 13. . Final a/c shows summary of ( assets, liabilities, accounts, none) 14. . Income & expenditures a/c reveals ( debit balance, credit, surplus n deficiency, none) 15. . Unearned income is ( liability, asset, expense, revenue) 16. . Receipts n payment a/c include cash items (Capital, revenue, both, none) 17. . Audit of bank is example of (Statutory audit, balance sheet audit, concurrent audit, all) 18. . The interest on capital of partner is credited to ( interest a/c, partners capital a/c, capital a/c) 20. . Auditing begins where ---- ends ( Accounting, book keeping, recording) 21. . The discount on issue of debentures being a loss of (Capital, reserves, cash) 22. . G. P 5000, N. P=25% of G. P so expenses must be equal to. . ?? 23. . Verification involves (Checking vouchers, examination of audit report, both, none) 24. . Registered capital is (Authorized cap, issued, paid up, none) 25. . No entry made against (Authorized cap, issued, paid up, none) 26. . Resolution is passed in --- to issue dividend (AGM) 27. . Statutory auditor appointed by. . . ?? 28. . Section authorizing to access branch a/c. . ?? 29. . Audit of branches is not allowed in audit of. . . (Manufacturing co, banks etc) 30. . Increase in debtors ( increase casd, dec cash, no impact on cash) 31. . Accounting equation?? Auditor is compulsory for (Sole proprietorship, partnership, JSC, all) 32. . An enterprise is (Federation, business unit, association, none) 33. . Private co. . . (Must issue prospectus, must issue statement in lieu of prospectus, may issue both, may issue none) 34. . Research n development is expense (Capital, revenue, deffered cost revenue, none) 35. . Selling expenses are shown in (Profit n loss a/c) 36. . The monetary explanation of plan called. . . (budget) 37. . Goods sold by consignee debited to ?? 38. . The customer Cheque dishonoured recorded in (Cash a/c, bill rec a/c, sales a/c) 39. . Preliminary asset is (fictitious assets) 40. . Resources invested by owner called. . . (capital) 41. . Auditor must check that salaries not claimed are (Deposit in separate a/c, held safely, kept in reserves) 42. . Liability arise upon happening of event called. . . (contigent liability) 43. . If asset= 41315, liabilities= 4120, equity will be??? 44. . Sales budget prepared keeping in view. . . . (sales forecast of market) 45. . Bank o/d is. . . liability 46. . Immediate solvency ratio is (Current, quick, debt. equity) 47. . A & b 2 co. Liquidated n new co formed X ltd. . . it is called. . . (amalgamation, absorption, etx. . . ) 48. . In balnce sheet assets are recorded on --- value. . . (current, forecasted future, cost) 49. . Assets are recorded in balance sheet based on . . . (classification) 50. . A rebate given on discounting the bill is. . . . ??(expense) 51. . To chck arithmetical accuracy ---- is prepared. (Journal, ledgers, t. balance, final a/c) 52. . Wgich statement prepared first. . (Incm statement, b. sheet, cash flow, funds flow) 53. . Closing stock at the end of year is deducted from. . . (Opening stock, CGS, G. P) Answer these questions too Batch - 3. June 06, 2016. |
#2
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thank you so much for giving this questions ❤️ if you have more other questions please share here mong persons .
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#3
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Quote:
20. auditing begins where accounting Ends 30 . Increase in debtor have no impact on cash |
The Following User Says Thank You to MBA62 For This Useful Post: | ||
Ali Zybi 2 (Wednesday, June 08, 2016) |
#4
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do not know check from internet
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#5
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immideiate solvency ratio is the quick ratio
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Kisi Sar Nagoon See Shakh Per Rakhain Gay Char Tinkey, Na Buland Shakh Ho Gee, Na Girrey Ga Ashiyana, |
#6
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no entry is made for paid up capital
__________________
Kisi Sar Nagoon See Shakh Per Rakhain Gay Char Tinkey, Na Buland Shakh Ho Gee, Na Girrey Ga Ashiyana, |
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