A. Recording
B. summarizing
C. Grouping
D. Processing
Accounting Mcqs
Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. accounting mcqs for accountant. These Mcqs are very helpful for the Preparation of various posts of Senior Auditor, Junior Auditor, Accountant and for Cost Accountant.
Principles of Accounting, Accounting Equation, Analyzing & Classifying Transaction, Journal, Ledger, Banking Transactions, Cash book and Bank Reconciliation Statement, Bill of Exchange, Capital & Revenue, Rectification of Errors, Final Accounts, Adjustments.
A. Identification of economic event
B. Communication of financial information
C. Recording financial information
D. Making decisions about business
A. Government agencies
B. investors
C. Creditors
D. Managers
A. Analyzing
B. Preparing financial statements
C. Recording financial information
D. Auditing the books of accounts
A. Communicating→Recording→Identifying
B. Recording→Communicating→Identifying
C. Identifying→communicating→recording
D. Identifying→recording→communicating
A. Cash
B. Bank statement
C. Transaction
D. Exchange of money
A. General journal
B. Cash journal
C. Purchase journal
D. Sales return day book
A. Cash receipts journal
B. Cash payments journal
C. Sales journal
D. Purchase journal
A. Cash receipts journal
B. General journal
C. Source document
D. Cash book
A. Small businesses
B. Big businesses
C. Sole proprietorship
D. Partnership
