Test: Principles And Practice Of Accounting- 1


10 Questions MCQ Test Principles and Practice of Accounting | Test: Principles And Practice Of Accounting- 1


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This mock test of Test: Principles And Practice Of Accounting- 1 for CA Foundation helps you for every CA Foundation entrance exam. This contains 10 Multiple Choice Questions for CA Foundation Test: Principles And Practice Of Accounting- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Principles And Practice Of Accounting- 1 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Principles And Practice Of Accounting- 1 exercise for a better result in the exam. You can find other Test: Principles And Practice Of Accounting- 1 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

Which of the following is generally considered as a non profit oriented organization?

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QUESTION: 2

The receipts and payments account of a non-profit organization is a

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QUESTION: 3

Non-profit organizations prepare all of the following accounts except the

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QUESTION: 4

Excess of expenditure over income of a Non-profit organisation is termed

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QUESTION: 5

________is a fixed annual payment and usually continue only during the life time of the named beneficiary

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QUESTION: 6

Rent expense of a non-profit organization paid in advance. Which of the following is the correct classification of rent?

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QUESTION: 7

An advance receipt of subscription from a member of the non-profit organization is considered as a/an

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QUESTION: 8

Income and expenditure account is based on

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QUESTION: 9

Life Membership is a capital receipt and will be added to capital fund in________

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QUESTION: 10

Which of the following is to be recorded in an income and expenditure account?

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