- 4
- 5
- 6
- 7
- a
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There are 04 main types of accounting, which are:
Tax Accounting
Finance Accounting
Cost Accounting
Management Accounting
Accounting MCQs
Accounting MCQs are included in this portion of ETEST Website.All Accounting MCQs are solved with short detail. ETEST Team updates ETEST Website on daily basis.
How many types of Audit?
- 03
- 04
- 05
- 06
- a
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Internal Audit
External Audit
Internal Revenue Services Audit
The maintenance of accounts in a systematic way is called:
- Accounting
- Book Keeping
- Reading
- Auditing
- b
Which of the following accounts is not an account that normally has a credit balance?
- Owner’s Equity
- Experience
- Revenue
- Liability
- c
Tender is a:
- Estimation of Selling Price
- Estimation of Profit
- Estimation of Units
- Estimation of Cost
- a
The Partnership Act was passed on:
- 6th April 1932
- 4th April 1932
- 8th April 1932
- 5th April 1932
- c
The main source of revenue of federal government is:
- Sales Tax
- Token Tax
- Property Tax
- Custom Duties
- c
The difference between country’s merchandise exports , merchandise imports is the:
- Current Account
- Balance of Trade
- Balance of Payment
- Capital Account
- b
In……the owner is personally liable for loss and profit.
- Public Limited Company
- Sole Proprietorship
- Financial Statement
- Private Limited Company
- b
Ledger is a book of:
- Book of Original Entries
- Book of Final Entries
- Book of Component Entries
- None of these
- a