Theory Base of Accounting MCQs with answers
Dear candidates you will find MCQ questions of 11th Class - Accountancy | Chapter: Theory Base of Accounting here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
All subjects and chapters of 11th Class are listed below. You can select any subject and chapter below to learn mcq questions of that chapter and subject.
Q. Generally the duration of an Accounting period is of-
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Correct Answer: (C)
12 months
Q. In India, the accounting standard board was set up in the year-
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Correct Answer: (B)
1977
Q. The amount drawn by businessmen for his personal use is-
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Correct Answer: (B)
Drawing
Q. Meaning of credibility of going concern is:
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Correct Answer: (C)
Continuing of business
Q. β¦β¦β¦β¦β¦ is a document that verifies the business transaction.
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Correct Answer: (A)
Voucher
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