Multiple Choice Questions 1. ……… is a statement which is prepared mainly to reconcile the difference between the bank balance as shown by the cash book and pass book. (a) Bank Reconciliation Statement (b) Bank Statement (c) Cash …
Accountancy MCQ 21. Which of the following is not considered as a main branch of accounting? (a) Cost accounting (b) Management accounting (c) Financial accounting (d) Corporate accounting 22. The main purpose of which branch of…
Multiple Choice Questions 1. By the nature of multiple definitions given for accounting, which of these is a feature of accounting? (a) Communicating financial information (b) Assisting in decision–making (c) Helping interested…