Book Keeping

Book-keeping is concerned with the_________of transactions while Accounting is concerned with the _________ of the recorded transactions.

Which among the following constitutes the base for accounting?

Financial statement do not from part of book keeping.

Financial position of the business is ascertained on the basis of-
A. Book-keeping
B. Accounting reports
The correct answer is-

__________is a system in which accounting entries are made only when cash is received or paid.

_________ is a system in which transactions are recorded on basis of amounts having become due for payment or receipt.

Which of the following has no relevance whether the receipts pertain to previous period or further period?

________ is incompatible with the matching principle of income determination.

_________attempt to record the financial effects of the transactions, events, and circumstances of an enterprise in the period in which they occur rather than recording them in period(s) in which cash is received or paid by the enterprise.

Cash system of accounting is suitable in which of the following cases?

Doctors, lawyers, firms of chartered accountants/Company Secretaries generally followers________of accounting

Accounting is of primary importance to the-

Financial statements can be used by-

Which of the following are internal users of accounting information’s?

Which of the following is/are external users of accounting information’s?

Which of the following would be considered as external users of accounting information’s?

Select odd one in relation to users of accounting information’s.

Regulatory Agencies interested as users of accounting information’s includes-

Which of the following is characteristic of accounting information?

Which of the following is/are characteristics of accounting information?

Which of the following is not characteristic of accounting information?

Which of the following is characteristic of accounting information?

Which of the following is/are can be treated as role of account?

Which of the following is/are cannot be treated as role of account?

Which of the following is/are can be treated as role of accounting?