- The post closing trial balance reports the ending balance of each account in general ledger.
- Manual statements are prepared based on the unadjusted trial balance
- One purpose of preparing the unadjusted trial balance is to ensure that debits equal credits.
- None of these
- b
All Departments Solved Papers
All Department’s Current & Past Solved Papers are included in this section of ETEST Academy’s Website. All MCQs of All Departments are included in this section with complete detail. Our team updates this website on daily basis.
Data flows diagrams:
- Describe the detail of logic of the process.
- Depict logical tasks that are being performed, but not who is performing them
- Both A & B
- None of these
- b
When determining the batch size, which consideration is the least important?
- Compiling with legal mandates
- Balancing the trade of size and error detection.
- Achieve economics by grouping together large number of transactions.
- Providing control over the transactions
- a
Which of the following is an archieve file?
- An accounts payable subsidiary ledger
- A file of accounts receivable that have been written off
- A cash receipts file
- A Sale Journal
- b
Subsidiary Ledger are used in manual accounting environments. What rule is comparable to a subsidiary ledger in a computerized environment?
- Achieve File
- Reference File
- Master File
- Transaction File
- c
In general Special Journal would not be used to record:
- Cash Disbursement
- Sales
- Depreciation
- Purchase
- c
The order of the entries made in the ledger is by:
- Transactions
- Account Number
- Date
- A & B
- c
Which System produces information used for inventory valuation, budgeting, cost control, performance reporting and make buy decision?
- Sales Order Processing
- Purchase / Accounts Payable
- Cash Disbursement
- None of these
- d
Hush ! Don’t make a noise.
- Clause
- Phrase
- Interjection
- Preposition
- c
-
حروف استعجابیہ ایسے الفاظ ہوتے ہیں جو فوری ذہنی یا جذباتی کیفیت کو ظاہر کرتے ہیں۔
ہش! شور مچانا مت
Smoking is injurious to health
- Compliment
- Gerund
- Participle
- None of these
- b
-
تمباکو نوشی صحت کے لئے نقصان دہ ہے