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11th Standard English Medium Accountancy Subject Introduction to Accounting Creative 1 Mark Questions with Solution Part - I Question Bank Software Jun-28 , 2021

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11th Standard English Medium Accountancy Subject Introduction to Accounting Creative 1 Mark Questions with Solution Part - I

11th Standard English Medium Accountancy Subject Introduction to Accounting Creative 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5

  1. _____________has rightly been termed as the language of the business.

    (a)

    Accounting

    (b)

    Book-keeping

    (c)

    Accountant

    (d)

    None of these

  2. _____________must be properly maintained to increase their productivity.

    (a)

    Liabilities

    (b)

    Assets

    (c)

    Debtors

    (d)

    None of these

  3. ____________of a business have to be repaid in due time.

    (a)

    Assets

    (b)

    Sales

    (c)

    Liabilities

    (d)

    None of these

  4. ____________also require accounting records to submit in courts to prove their claims.

    (a)

    Salesmen

    (b)

    Owners

    (c)

    Producers

    (d)

    Businessmen

  5. Accounting is not a modern concept and it is as old as _____________

    (a)

    money

    (b)

    goods

    (c)

    services

    (d)

    all of these

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