Bills of Exchange Mcq for practice A bill of Rs. 1,000 was dishonoured. Amount of Rs. 15 was paid for noting charges and it was renewed with Rs. 20 as interest. The amount of new bill will be:a. ₹ 1000 b. ₹ 1015c. ₹ 1025 d. ₹ 1035 Answer Answer: D A bill was drawn … Read more
PC 13/14 MCQ on Chapter 5 (Financial Statement) | SAS PC14 MCQ The part of a financial statement arei. Trial Balance ii. Trading Accountiii. Profit & Loss Account iv. Balance Sheeta. i, ii and iii b. ii, iii and ivc. i, iii and iv d. All of the above Answer Answer: B Which of the … Read more
MULTIPLE CHOICE QUESTIONS FOR CPWD AND FOREST ACCOUNT FOR PC 16 SAS SUBORDINATE AUDIT SERVICES. Charged Expenditure is said so because it(i) may be subject to the Vote of Lok Sabha(b) Is Charged on Consolidated Fund(c) Is Charged on Contingency Fund(d) Is Charged on Public Account Charged expenditure is mentioned in Article(a) 112 (1) (b) … Read more
The classification of transaction in Government Accounts shall have closer reference to(a) Function/Programme/Activity (b) Department/Ministry(c) Capital and Revenue (d) Charged and Voted Answer Answer: A The classification of transaction in Government Accounts shall have closer reference to function/programme/activity of the Government has been mentioned in(a) Rule 10 of GFR, 2005 (b) Rule 29 of R& … Read more
Who is responsible to see that accounts of the Division are not allowed to fall in arrears?(a) Divisional Accountant (b) Divisional Officer(c) Superintendent Engineer (d) Pay & Accounts Officer Answer Answer: B Posting of a Divisional Accountant in a Division to assist the Divisional Officer is made by(a) Chief Controller of Accounts(b) Controller General of … Read more