A foreign bill of exchange is generally drawn up in___________?

Related Mcqs:

Credit purchase of plant and machinery is recorded in which of the following journals?

A. General journal B. Cash journal C. Purchase journal D. Purchase return journal...

_______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?

A. Depreciation B. Drawings C. Outflow of cash D. Appreciation...

Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________?

A. Replacement cost – Accumulated Depreciation B. Historical cost – Salvage Value C. Historical cost – Depreciation portion thereof D. Original cost adjusted for general price-level changes...

Computers taken on hire by a business for a period of twelve months should be classified as:___________?

A. Current assets B. Intangible assets C. Deferred revenue expenditure D. Not an asset...

A Ltd. Has sales of 2,200, total fixed cost of 570, variable cost of 1,540, raw material consumed of ` 1,100, number of units sold 22,000. What shall be the BEP 9 in units) if raw material price is reduced by 2%?

A. 18,387 B. 18,560 C. 18,750 D. 19,000...