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Accountancy's Quiz Flashcards | StudBud

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Accountancy's Quiz

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Questions 5

Answers

1
Which of the following may be called the language of the business ?
Statistics
Accountancy
English
Economics
2
BOOK-KEEPING means
None of these
To maintain business transactions in books
To keep the books
To keep the books in office
3
Accounting record transactions in terms of
Monetary terms
Commodity units
4
Who is not user of Accounting information?
Minors
Investors
Owners
Lenders
5
The basic unit of "BOOK-KEEPING" is
None of these
Journal entry
Totalling
Balancing