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  • Question 1
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    Which of the following is the branch of accounting?
    (I) Human Resources Accounting
    (II) Social Accounting
    (III) Security Accounting
    The correct answer is-

  • Question 2
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    The primary qualities that makes accounting information useful for decision-making are ________________.

  • Question 3
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    Which of the following groups/ parties are interested in the accounting information of the business?

  • Question 4
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    When information about two different enterprises has been prepared and presented in a similar manner, the information exhibits the characteristics of _______________.

  • Question 5
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    Which of the following are internal users of accounting information?

  • Question 6
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    Which of the following is/are the advantages of accounting?

  • Question 7
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    Which of the following is/are external users of accounting information?

  • Question 8
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    What are the important objectives of accounting?
    I. To maintain records of a business
    II. Calculation of profit or loss
    III. Depiction of financial position
    IV. To make information available to various groups and users.

  • Question 9
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    Regulatory Agencies interested as users of accounting information includes __________.

  • Question 10
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    Which of the following is/are characteristics of accounting information?

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