Wednesday, 3 June 2020

Accounting MCQs /Books of Accounts MCQs

1.    Primary Function of accounting is?

a.     Information for decision making.
b.    Recording of Financial Information.
c.     Recording & Classifying Financial Transaction.
d.    Non Above
2.    Accounting Process/cycle/step can be divided into?

a.     2 Steps
b.    4 Steps
c.     5 Steps recording/classify/summary/reports/interpre
d.    Non Above
3.    Management Accounting is?

a.     Legal Requirement.
b.    Statuary Accounting.
c.     Management Requirement.(planing/deci/control
d.    Non Above

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