CBSE Class 12 Accountancy Accounting For Share Capital MCQs Set B
Accountancy Question: A Company isa) All of the optionsb) Has separate legal identityc) Has Perpetual existenced) Has Common sealAnswer: All of the options Question: Restricts the right to transfer of...
View ArticleCBSE Class 12 Accountancy Accounting For Share Capital MCQs Set C
Accountancy Question: A company isa) Artificial personb) Living personc) Non living Persond) None of the optionsAnswer: Artificial person Question: The director of a company must bea) Shareholderb)...
View ArticleCBSE Class 12 Accountancy Accounting For Share Capital MCQs Set D
Accountancy Question: Authorized share capital is also known as:a) Nominal Capitalb) Called up capitalc) Issued capitald) Reserve CapitalAnswer: Nominal Capital Question: When the entire face value of...
View ArticleCBSE Class 12 Accountancy Issue Of Debentures MCQs Set A
Accountancy Question: Which of the following statements is true?a) A debenture issued at a discount can be redeemed at a premiumb) A debenture holder is an owner of the companyc) A debenture holder can...
View ArticleCBSE Class 12 Accountancy Issue Of Debentures MCQs Set B
Accountancy Question: The amount of debenture is returned to the holders at the end ofa) Predetermined maturity periodb) Companyc) Current Yeard) None of the optionsAnswer: Predetermined maturity...
View ArticleCBSE Class 12 Accountancy Issue Of Debentures MCQs Set C
Accountancy Question: Discount on issue of debentures account is aa) Fictitious Assetb) Current Assetc) Fixed Assetd) Current liabilityAnswer: Fictitious Asset Question: Securities Premium received on...
View ArticleCBSE Class 12 Accountancy Redemption Of Debentures MCQs
Accountancy Question: Types of debentures on the basis of prioritya) Bothb) First debenturesc) Second debentured) None of the optionsAnswer: Both Question: Which debentures are issued with a specific...
View ArticleCBSE Class 12 Accountancy Financial Statement Of Companies MCQs Set A
Accountancy Question: ___________ is conducted by bankers and governmenta) External Analysisb) Internal Analysisc) External Analysis and Internal Analysisd) None of the optionsAnswer: External Analysis...
View ArticleCBSE Class 12 Accountancy Financial Statement Of Companies MCQs Set B
Accountancy Question: In Balance Sheet Computer software is shown under thea) Fixed intangible Assetsb) Fixed Tangible Assetsc) Fictitious Assetsd) Current AssetsAnswer: Fixed intangible Assets...
View ArticleCBSE Class 12 Accountancy Financial Statement Of Companies MCQs Set C
Accountancy Question: Tangible assets are assets which can be physically seen and touched, Likea) All of the optionsb) Land & Buildingc) Plant and Equipmentd) Furniture & FixtureAnswer: All of...
View ArticleCBSE Class 12 Accountancy Accounting Ratios MCQs Set A
Accountancy Question: Accounting ratios are an important tool ofa) Financial statement analysisb) Trial Balancec) Financial statement analysis and Trial Balanced) None of the optionsAnswer: Financial...
View ArticleCBSE Class 12 Accountancy Accounting Ratios MCQs Set B
Accountancy Question: Items Included in Long-term Debtsa) Long-term borrowings and Long-term provisionsb) Long-term borrowingsc) Long-term provisionsd) None of the optionsAnswer: Long-term borrowings...
View ArticleCBSE Class 12 Accountancy Accounting Ratios MCQs Set C
Accountancy Question: Proprietary or equity ratio is equal toa) Shareholders funds/ total assetsb) Shareholders funds+ total assetsc) Shareholders funds- total assetsd) None of the optionsAnswer:...
View ArticleCBSE Class 12 Accountancy Accounting Ratios MCQs Set D
Accountancy Question: Buying goods for casha) Have no effect on current ratiob) Decrease the current ratioc) Increase the current ratiod) None of the optionsAnswer: Have no effect on current ratio...
View ArticleCBSE Class 12 Accountancy Accounting Ratios MCQs Set E
Accountancy Question: Gross profit is equal toa) Gross Profit/Net Sales x100b) Gross Profit+Net Sales x100c) Gross Profit-Net Sales x100d) None of the optionsAnswer: Gross Profit/Net Sales x100...
View ArticleCBSE Class 12 Accountancy Cash Flow Statement MCQs Set A
Accountancy Question: Sale of Copyrights is concerned with_______a) Investing Activitiesb) Operating Activitiesc) Both Operating Activities and Financing Activitiesd) Financing ActivitiesAnswer:...
View ArticleCBSE Class 12 Accountancy Cash Flow Statement MCQs Set B
Accountancy Question: According to AS-3 (Revised) purchase of fixed assets isa) Investingb) Operatingc) Financingd) All of the optionsAnswer: Investing Question: AS-3 (revised ) deals with statement of...
View ArticleCBSE Class 12 Accountancy Cash Flow Statement MCQs Set C
Accountancy Question: Cash flow arises when the net effect of a transaction _____ the amount of cash or cash equivalentsa) Either increase or decreaseb) Only Increasec) Only decreased) All of the...
View ArticleCBSE Class 12 Accountancy Cash Flow Statement MCQs Set D
Accountancy Question: Equity dividend paid should be classifieds cash outflow froma) Financing activitiesb) Operating activitiesc) Investing activitiesd) All of the optionsAnswer: Financing activities...
View ArticleCBSE Class 12 Accountancy Cash Flow Statement MCQs Set E
Accountancy Question: A financial statement that shows the inflows and outflows of cash during a particular period of time is known asa) Statement of cash flowsb) Income statementc) Statement of...
View Article
