BCOM QUIZ

BCOM QUIZ

2nd Grade

6 Qs

quiz-placeholder

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BCOM QUIZ

BCOM QUIZ

Assessment

Quiz

Arts

2nd Grade

Practice Problem

Medium

Created by

Colinjanet YIASCM

Used 3+ times

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.      Long term assets without any physical existence but, possessing a value are called


                  


a. Intangible assets        

b.  Fixed assets

c. Current assets

Investments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.        is the art of recording, classifying and summarizing in a significant manner, and in terms of money transactions and events which are in part at least, of a financial character and interpreting the results thereof.


                               


                                  

a.Journal Entry   

b. Ledger

c. Accounting  

d. None

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.               is the first step in accounting process



a. Identification

b. Summarisation

c. Recording

d. Analysis & Interpretation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.      is fixed asset


            


               


a.   Cash     

b.   Debtor

c.   Land  

d.    Bills receivable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.      Investments will present in the          side of balance sheet



                         

a.   Asset

b.   Liabilities

c.   Income

.   Expenditure

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5.   State Bank of India’ is an example of:


                           


                     

a. Nominal Account

b.  Real Account

c. Personal Account   

d. Impersonal Account

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