Accounting Manager Series-1

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Manager Series 1

TEST YOUR SKILLS BRODLY

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1. Creating Provision against fluctuation in the price of investment is an example of which accounting convention

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2. Return of goods by a customer should be debited to

 

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3. Cash discount allowed to a debtor should be credited to

 

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4. The concept of separate entity is applicable to which of following types of businesses?

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5. Accounting principles are generally based upon:

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6. Debit the receiver credit the giver rule for

 

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7. Managerial accounting information is generally prepared for

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8. True & fair profit and loss a/c of a company know by

 

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9. Which one of the following items would fall under the definition of a liability

 

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10. The basic sequence in the accounting process can best be described as:

 

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