Accounting Mcqs

Q.  Which of these errors affect two or more accounts

a. Errors of complete omission
b. Errors of principle
c. Errors of posting to wrong account
d. All the three


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MCQs:  Revenue receipts are shown in___________?
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MCQs:  Revenue is generally recognized as being earned at that point of time when?
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MCQs:  Which of the following is a revenue expenses?
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MCQs:  Which of the following is a capital expenditure?
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MCQs:  Which of these types of expenditure would not be treated as a Capital Expenditure?
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MCQs:  Expenses of the following nature are treated as a Revenue expenses except__________?
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MCQs:  Cash received from debtors would be deemed as___________of funds.
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MCQs:  Generally the term fund is used to mean the difference between?
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MCQs:  Which of these documents is not required for Bank Reconciliation?
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MCQs:  Which of these items are taken into consideration for preparation of adjusted Cash Book
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MCQs:  Credit balance as per Cash Book mean____________?
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MCQs:  Debit side of Bank Pass book corresponds to___________?
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MCQs:  Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?
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MCQs:  The Bank Reconciliation Statement is prepared?
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MCQs:  Bank reconciliation is a statement prepared to reconcile__________?
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MCQs:  Bank reconciliation statement is a part of_________?
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MCQs:  Benefits of preparing Bank Reconciliation Statement includes___________?
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MCQs:  Debit balance as per bank pass book mean_____________?
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MCQs:  Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book___________?
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MCQs:  Provision is created for____________?
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