Q20.Book – keeping is-
(1) A science
(2) An art
(3) None of these.
(4) An art and science both
Answer
An art and science both
Related Questions on Introduction to Accounting
Q21.Bank account is a
(1) Personal Account.
(2) Real Account,
(3) Nominal Account.
(4) None of these.
Answer
Personal Account.
Q22.Accounting provides information on
(1)Company’s tax liability for a particular year
(2)Cost and income for managers
(3)All of the above
(4)Financial conditions of an institutions
Answer
All of the above
Q23.
(1)
(2)
(3)
(4)