1. Settlement ahead of time of expense ought to be appeared on the

a) Debit side of P/L a/c b) charge side of P/L appointment a/c c) resource side of the B/S d) obligation side of the B/S

2. Which of the accompanying things will be taken in the P/L a/c underneath the line

a) Provision for tax assessment b) move to sinking reserve c) commitment to PF d) fundamental costs discounted

3. Scrip profit implies

a) Unclaimed profit b) overdue debts of profit c) profit paid other than money d) money profit

4. Which of the accompanying would not show up in a restricted organization's appointment a/c

a) Transfer to revaluation hold b) proposed tax collection c) between time profit d) move to general hold.

5. According to the principles outlined under the organizations Act, 1956, if the profit proposed by a organization is 12% of the settled up capital, the add up to be moved to save should not be not exactly

a) 5% of current year benefit b) 7.5% of the current year benefit c) 10% of the current year benefit d) 2.5% of the current year benefit.

6. Banks show the arrangement for annual assessment under the head

a) Contingent resources b) unforeseen liabilities c) different liabilities and arrangements d) borrowings.

7. Refund on bills limited is

a) A thing of pay b) a risk c) pay got ahead of time d) gathered pay.

8. Which of the accompanying does exclude under the head "other resource"

a) Silver b) premium gathered c) gold d) official change

9. A non financial resource is

a) A thing of office gear b) any resource needed from the borrowers in fulfillment of guarantee

c) cash at call and short notification d) furnishings and installations

10. In a bank monetary record, unclaimed profit will be appeared under the head

a) Contingent liabilities b) different liabilities c) borrowings d) none of these.