Multiple Choice
_______ is root cause for financial accounting
A) stewardship accounting
B) social accounting
C) management accounting
D) human resource accounting
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Interest earned is a<br>A)personal account<br>B)real account<br>C)nominal account<br>D)representative
Q2: All the transactions measurable in the terms
Q3: In profit and loss account, if credit
Q4: All revenue incomes are credited to<br>A)manufacturing account<br>B)trading
Q5: Interpretation means<br>A)explanation of meaning and significance of
Q7: In income measurement & recognisation of assets
Q8: Dividing the expenditure into capital and revenue
Q9: Which of the following is incorrect?<br>A)good will
Q10: The process of recording financial data upto
Q11: Profit and loss account is a<br>A)personal account<br>B)real