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Accounting Concepts, Principles and Procedures
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Accounting Concepts, Principles and Procedures
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Accounting Concepts, Principles and Procedures
Which one of the following is not an example of Intangible Assets?
Copyright
Slogan
Land
None of these
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Accounting Concepts, Principles and Procedures
An art of reading classifying and summarizing of transactions is called:
Accounting
Accountancy
Auditing
Book keeping
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Accounting Concepts, Principles and Procedures
Cast audit of a company can be conducted by:
Chartered accountant
Cost accountant
Both A and B
None of these
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Accounting Concepts, Principles and Procedures
Special order can be ordered by:
Debenture holders
SEBI
Central government
Preference shareholders
Author:
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Accounting Concepts, Principles and Procedures
Good will account is a:
Real account
Personal account
Nominal account
None of these
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Accounting Concepts, Principles and Procedures
Which of the following is not a limitation of audit as per AAS4?
Objectivity of auditor’s judgement
Selective testing
Both A and B
None of these
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Accounting Concepts, Principles and Procedures
Bank Overdraft is a:
Nominal account
Real account
Personal account
None of these
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Accounting Concepts, Principles and Procedures
The scope of work of a statutory auditor is determined by:
Law
The Government
The shareholders
None of these
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Accounting Concepts, Principles and Procedures
A pew AAS4 if auditor detects an error then?
He should inform the management
He should communicate it to the management if material
Financial statements are adjusted for detected errors
Both B and C
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Accounting Concepts, Principles and Procedures
Building and furniture are called:
Fixed assets
Current assets
Intangible assets
None of these
Author:
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