Accounting
Authored by Dipendra Mahato
Financial Education
9th - 12th Grade
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
1. WHO IS A FATHER OF ACCOUNTING?
1. WHO IS A FATHER OF ACCOUNTING?
MARSHALL
ADAMSMITH
ROBBINS
LUCA DE PACIOLI
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
2. Which of the following is current liability?
2. Which of the following is current liability?
Account Receivable
Bills Receivable
Account Payable
Inventory
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
3. The double entry system of accounting is .......
3. The double entry system of accounting is .......
liability + capital=Assets
Assets-liability=capital
Assets =Liability-capital
Capital + Assets = Liability
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
4. Which financial statement provides a summary of the company's operations over a period of time?
4. Which financial statement provides a summary of the company's operations over a period of time?
Balance sheet
Income statement
Cash flow statement
Statement of retained earning
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
5. P & L account prepared on the basis of ....................
5. P & L account prepared on the basis of ....................
Cash basis
Real account
Nominal account
Personal account
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
6. The full form of NFRS is ?
6. The full form of NFRS is ?
Nepal Financial Record Summary
Nepal Financial Record Statement
Nepal Financial Reporting Standard
Non- Financial Reporting Standard
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
7. Balance sheet is a summary report of .........
7. Balance sheet is a summary report of .........
All assets
All Liabilities
Personal & Real A/c
Personal, Real & Nominal A/c
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