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  • Question 1
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    Deepti wants to buy a building for her business today. Which of the following is the relevant data for his decision?

  • Question 2
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    Which of the following will not be recorded in the books of account?

  • Question 3
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    The paper containing evidence of payment is called:

  • Question 4
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    A proprietor paid college fees of his son from business. This transaction will be termed as:

  • Question 5
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    The qualitative characteristic of accounting information that is reflected when accounting information is clearly presented is:

  • Question 6
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    The term 'Drawings' in accounting refers:

  • Question 7
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    Which of the following expenditures is a type of revenue in nature but benefit of which is not exhausted within one year?

  • Question 8
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    What does the qualitative characteristic of relevance imply in accounting information?

  • Question 9
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    The pioneer of accounting is:

  • Question 10
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    Which of the following is not a limitations of accounting?

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