
Accouting Talent Search Exam
Quiz
•
Financial Education
•
University
•
Practice Problem
•
Hard
prashant kadam
Used 1+ times
FREE Resource
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100 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dealings between two persons.
Agreement
Contract
Transaction
deal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business transaction in which cash is not paid or received immediately.
Cash Transaction
Credit Transaction
Fake Transaction
Healthy Transaction
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An allowance is given by the receiver of the cash to the giver of cash at the time of payment.
Cash Discount
Credit Discount
Normal Discount
Delay Discount
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money value of the reputation of business is known as ____________
Copyright
Goodwill
Patents
Trademark
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Heavy advertising expenditure for launching a new product is called as ____________
Capital expenditure
Revenue Expenditure
Deferred Revenue Expenditure
None of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenditure incurred on purchase of fixed asset is ____________
Revenue Expenditure
Capital Expenditure
Deferred Revenue Expenditure
None of these
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Concept which provides a line between present and future is known as ____________
Going Concern Concept
Cost Concept
Accrual Concept
Entity Concept
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