Mcqs on accountancy for various competative exams where accountancy is a section in syllabus like JKSSB FAA
Here is a set of 100 questions on introduction to financial accounting and its terms, covering everything from the Generally Accepted Accounting Principles (GAAP) and fundamental accounting assumptions to the dual-aspect concept and IFRS convergence. Each multiple-choice question is formatted for the perfect self-study experience—featuring a hidden answer format and detailed, professional explanations to help … Read more
>Your success in JKSSB exams starts with solid preparation, and our MCQs are here to empower you with the confidence and expertise needed to achieve your goals. Elevate your performance and conquer the Accounting section of JKSSB exams using these valuable practice resources.Here is series of cost accounting mcqs important for exams like FAA and … Read more
Accounting Cashbook Quiz Mcqs on Cashbook 1. Which of the following is not a type of cashbook? a) Single column cashbook b) Double column cashbook c) Triple column cashbook d) Octuple column cashbook Correct Answer: d) Octuple column cashbook Accounting recognizes Single, Double, Triple, and Petty cashbooks. “Octuple” (8 columns) is not a standard type. … Read more
 MCQS ON ACCOUNTING EQUATION 1. The accounting equation is: a) Assets = Liabilities + Owner’s Equity b) Assets + Liabilities = Owner’s Equity c) Liabilities + Owner’s Equity = Assets d) Liabilities = Assets + Owner’s Equity Show Answer Explanation The correct answer is a) Assets = Liabilities + Owner’s Equity. 2. Which of the … Read more
In this session we are going to discuss mcqs on Public Financial Management system (PFMS).PFMS is a web based online software.Here are 25 best mcqs on PFMS for jkssb accountancy section of FAA
1.Bank Reconciliation Statement is prepared 1. To compare the Cash Book with Pass Book and ascertain the differences 2. To know the errors in the Pass Book. 3.To know the payments made through cheques. 4.None of the Above 2.Which of the following a credit balance in the cash book indicates? 1.Cash in hand 2.The account … Read more