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SSC CGL Exam  >  SSC CGL Test  >   Tier 2 - Study Material, Online Tests, Previous Year  >  Test: Financial Statements Of Non Profit Organization - 2 - SSC CGL MCQ

Test: Financial Statements Of Non Profit Organization - 2 - SSC CGL MCQ


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10 Questions MCQ Test SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - Test: Financial Statements Of Non Profit Organization - 2

Test: Financial Statements Of Non Profit Organization - 2 for SSC CGL 2026 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation. The Test: Financial Statements Of Non Profit Organization - 2 questions and answers have been prepared according to the SSC CGL exam syllabus.The Test: Financial Statements Of Non Profit Organization - 2 MCQs are made for SSC CGL 2026 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Financial Statements Of Non Profit Organization - 2 below.
Solutions of Test: Financial Statements Of Non Profit Organization - 2 questions in English are available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Test: Financial Statements Of Non Profit Organization - 2 solutions in Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free. Attempt Test: Financial Statements Of Non Profit Organization - 2 | 10 questions in 10 minutes | Mock test for SSC CGL preparation | Free important questions MCQ to study SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL Exam | Download free PDF with solutions
Test: Financial Statements Of Non Profit Organization - 2 - Question 1
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All revenues and expenses of a Non-profit organisation are reported on its statement of

Test: Financial Statements Of Non Profit Organization - 2 - Question 2
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All assets and liabilities of Non-profit organisation are reported on its statement of

Detailed Solution for Test: Financial Statements Of Non Profit Organization - 2 - Question 2

The correct option is B.

A non-profit organisation’s statement of financial position which is the balance sheet for business.It presents the financial position of an entity at a given date It is one of the main financial statements. The statement of financial position reports an entity's assets, liabilities, and the difference in their totals as of the final moment of an accounting period.

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Test: Financial Statements Of Non Profit Organization - 2 - Question 3
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The statement of _______ may be prepared under the direct or indirect method.

Test: Financial Statements Of Non Profit Organization - 2 - Question 4
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Classifying expenses into program activities and supporting activities is known as the _______ basis

Test: Financial Statements Of Non Profit Organization - 2 - Question 5
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Reporting expenses by categories such as salaries, rent, utilities, etc. is known as the ______ basis.

Test: Financial Statements Of Non Profit Organization - 2 - Question 6
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Fund earmarked for investment in fixed assets is known as

Test: Financial Statements Of Non Profit Organization - 2 - Question 7
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Which of the following is not an restricted fund

Test: Financial Statements Of Non Profit Organization - 2 - Question 8
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The two types of restrictions on contributions that are classified as temporarily restricted are purpose and

Test: Financial Statements Of Non Profit Organization - 2 - Question 9
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All expenses of a Non-profit organisation are reported as part of the changes in ___________________ net assets.

Test: Financial Statements Of Non Profit Organization - 2 - Question 10
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Normally the principal portion of an endowment will be classified as _________________ net assets.

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Financial Statements Of Non Profit Organization - 2 MCQs with Answers

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