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Accouting Talent Search Exam

Authored by prashant kadam

Financial Education

University

Used 1+ times

Accouting Talent Search Exam
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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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