( Best 130+ ) Computerized Accounting Software MCQ

by Mr. DJ 02/12/2021

Computerized Accounting Software MCQ

Table of Contents

Computerized Accounting System with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Computerized Accounting System Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Computerized Accounting Software MCQ

21. If wages are paid for construction of business premises ______ A/c is credited and _A/c is
debited.

A. Wages, Cash

B. Premises, Cash

C. Cash, Wages

D. Cash, Premises

Answer: –

D. Cash, Premises

22. Human resources will not appear in the balance sheet according to ______concept.

A. Accrual

B. Going concern

C. Money measurement concept

D. None

Answer: –

C. Money measurement concept

23. Provision for discount on debtors is calculated on the amount of debtors.

A. Before deducting provision for doubtful debts.

B. After deducting provision for doubtful debts.

C. Before deducting actual debts and provision for doubtful debts.

D. After adding actual bad and doubtful debts.

Answer: –

B. After deducting provision for doubtful debts.

24. Which of the following is not a Real Account?

A. Cash A/c

B. Investments A/c

C. Outstanding rent A/c

D. Purchases A/c

Answer: –

C. Outstanding rent A/c

25. Which of the following is incorrect?

A. Good will intangible asset

B. Sundry debtors – current asset

C. Loose tools tangible fixed asset

D. Outstanding expenses -current asset.

Answer: –

D. Outstanding expenses -current asset.

Also Read :-

26. M/s Stationery Mart will debit the purchase of stationery to _______

A. Purchases A/c

B. General Expenses A/c

C. Stationery A/c

D. None

Answer: –

A. Purchases A/c

27. Small items like, pencils, pens, files, etc. are written off within a year according to _
concept.

A. Materiality

B. consistency

C. Conservatism

D. Realization

Answer: –

A. Materiality

28. Business enterprise is separate from its owner according to _________ concept.

A. Money measurement concept

B. Matching concept

C. Entity concept

D. Dual aspect

Answer: –

C. Entity concept

29. The policy of anticipate no profit and provide for all possible losses arise due to
the concept of _____

A. Consistency

B. Disclosure

C. Conservatism

D. Matching

Answer: –

C. Conservatism

30. The debts, which are to be repaid within a short period (year or less) are known as

A. Current liabilities

B. Fixed liabilities

C. Contingent liabilities

D. All of the above

Answer: –

A. Current liabilities

Also Read :-

Mr. DJ

I Am Dinesh Jat ( Mr. DJ). Completed Mcom. And Currently Pursuing MBA. Interest In Writing Blogs And Spread knowledge To the People. I Want to Provide General Awareness With The People who Are preparing for competitive Exams At a place.

( Best 130+ ) Computerized Accounting Software MCQ

Computerized Accounting Software MCQ

Computerized Accounting Software MCQ

21. If wages are paid for construction of business premises ______ A/c is credited and _A/c is debited.

22. Human resources will not appear in the balance sheet according to ______concept.

23. Provision for discount on debtors is calculated on the amount of debtors.

24. Which of the following is not a Real Account?

25. Which of the following is incorrect?

26. M/s Stationery Mart will debit the purchase of stationery to _______

27. Small items like, pencils, pens, files, etc. are written off within a year according to _ concept.

28. Business enterprise is separate from its owner according to _________ concept.

29. The policy of anticipate no profit and provide for all possible losses arise due to the concept of _____

30. The debts, which are to be repaid within a short period (year or less) are known as

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21. If wages are paid for construction of business premises ______ A/c is credited and _A/c is
debited.

27. Small items like, pencils, pens, files, etc. are written off within a year according to _
concept.

29. The policy of anticipate no profit and provide for all possible losses arise due to
the concept of _____