Office Practice and Accountancy Revision

The sequential and logical steps developed to perform organizational activities properly and smoothly _____

• Office Resources

• Office Procedure

• Office Personnel

• Official Statement

__________ is prepared by auditor after examination of books of accounts

• Committee Report

• Educational Report

• Business Report

• Audit Report

The subject of discussion presented in a meeting ________

• Resolution

• Motion

• Tippani

• Report

A written statement of facts and information that moves in upward direction _________

• Report

• Tippani

• Agenda

• Office

The indicator or guide to locate a particular file or document ______

• Box Filing

• Alphabetical Filing

• Indexing

• Misil Filing

__________ is a person who finally receives the payment of Cheque

• Payee

• Drawer

• Drawee

• Consignor

The errors caused due to neutralization of one error by another _______

• Errors of Omission

• Errors of Principles

• Errors of Commission

• Compensating Errors

The items which do not appear in trial balance but are given outside the trial balance _______

• Adjustments

• Balance Sheet

• Budget Sheet

• Monthly Statement

A reduction in the value of assets due to wear and tear, passage of time and other reasons ________

• Appreciation

• Trade Discount

• Depreciation

• Cash Discount

A statement which shows the financial position of the business _______

• Trading A/c

• Profit and Loss A/c

• Balance Sheet

• Trial Balance