Search
.Management Sciences
A. Two
B. Three
C. Five
D. Six
There are two systems of Accounting:
1. Cash System of Accounting
2. Mercantile or Accrual System of Accounting
Related Mcqs:
- Goods Return by the customer are termed as :
- A. Purchase return B. Customer return C. Sales return D. Inventory return...
- When goods, in which business deals are sold, it is called___________?
- A. Purchases B. Return inward C. Sales D. Return outwards...
- Sales return is also known as____________?
- A. Return received B. Return Payed C. Return inward D. Return outward...
- The assets which come into existence upon the happening of a certain event are called__________?
- A. Contingent assets B. Fixed assets C. Fictitious assets D. Quick assets...
- Income earned but not received is called ____________?
- A. Fictitious assets B. Quick asset C. Real asset D. Outstanding asset...
Recent Comments