Corporate Accounting MCQs

M

Mr. Dubey • 51.62K Points
Coach

Q 51. Ordinarily ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are not available for the distribution of dividend.

(A) Revenue profits
(B) Capital profits
(C) Gross profit
(D) Net profit

M

Mr. Dubey • 51.62K Points
Coach

Q 52. Requirements given in part I of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ apply to Balance sheet

(A) Schedule I
(B) Schedule VI
(C) Schedule II
(D) Schedule V

M

Mr. Dubey • 51.62K Points
Coach

Q 53. Requirements given in part II of ‐‐‐‐‐‐‐‐‐‐‐‐‐apply to statement of profit or loss

(A) Schedule III
(B) Schedule IV
(C) Schedule V
(D) Schedule VI

M

Mr. Dubey • 51.62K Points
Coach

Q 54. Requirements given in part I of schedule VI apply to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Income statement
(B) Statement of profit or loss
(C) Balance sheet
(D) Final accounts

M

Mr. Dubey • 51.62K Points
Coach

Q 55. Requirements given in part II of the schedule VI apply to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) The Trading Account
(B) The Profit and Loss Account
(C) The balance sheet
(D) Final Accounts

M

Mr. Dubey • 51.62K Points
Coach

Q 56. Final accounts of the companies is prepared under the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Partnership Act 1932
(B) Insurance Act 1938
(C) Companies Act 1956
(D) Banking Regulation act 1949

M

Mr. Dubey • 51.62K Points
Coach

Q 57. Companies have a statutory obligation to prepare final accounts required by section 210 of the companies Act ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) 1936
(B) 1932
(C) 1938
(D) 1956

M

Mr. Dubey • 51.62K Points
Coach

Q 58. Companies have a statutory obligation to prepare final Accounts required by section 210 of the ‐‐‐‐‐‐‐ ‐‐‐‐‐1956.

(A) Partnership Act
(B) Banking Regulation Act
(C) Insurance Act
(D) Companies act.

M

Mr. Dubey • 51.62K Points
Coach

Q 59. Companies have a statutory obligation to prepare final accounts required by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act 1956.

(A) Section 215
(B) Section 220
(C) Section 210
(D) Section 212

M

Mr. Dubey • 51.62K Points
Coach

Q 60. Companies have a statutory obligation to prepare required by section 210 of the companies Act

(A) Trading account
(B) Profit and loss account
(C) Balance sheet
(D) Final accounts