aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Financial Analysis
  • Accounting is used in a company
Multiple choice

Accounting is used in a company

  1. to record financial activity

  2. to keep creditor records only

  3. to keep debtors records only

  4. to keep cash records only

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Right answer because Accounting is used to record all financial activities and it is the basic concept of accounting. 

Keep practicing — related questions

  • Which of the following is correct in respect of accounting?
  • Which of the following accounting activities relates to the use of financial and cost data for the purpose ...
  • Directions: Choose the correct word for blank (4). If India wants to ___ (1) ___ the rupee and keep her cap...
  • When a company pays its workers on the basis of number of pieces of a product produced, it uses
  • Which of the following statements is/are false? P. Cimetidine and valium are used as tranquilisers. Q. Rani...
  • Consider the following statements regarding 7-Segment LED Display. (a) Used for displaying numbers only (b)...
  • While children solve problem using trial and error, adolescents solve problems using more scientific method...
  • Which of the following facts about No first use (NFU) policy is/are true? 1. NATO was one of the earliest g...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Accounting Principles and Practices (2416 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy