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Recent questions tagged conceptual framework of accounting
+1
vote
1
answer
Which of the following equation is related with Dual Aspect Concept ?
asked
Apr 3, 2019
in
Class 12
by
kratos
class-11
conceptual framework of accounting
class-12
cbse
+2
votes
1
answer
In accounting all business transaction are recorded as having a) Single aspect b) Dual aspect c) Triple aspect d) None of these
asked
Mar 26, 2019
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
books of prime entry
class-12
+1
vote
1
answer
The basic concepts related to p& l a/c are: a) Realization Concept b) Matching Concept c) Cost Concept d) Both a and b above
asked
Mar 25, 2019
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
determinants
class-12
+1
vote
1
answer
Rules of action or conduct adopted by the accountants universally while recording accounting transaction
asked
Mar 25, 2019
in
Class 12
by
kratos
class-11
conceptual framework of accounting
class-12
cbse
+2
votes
1
answer
Using "lower of cost and net realisable value(Market Value)" for the purpose of inventory valuation
asked
Mar 5, 2019
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
goodwill
class-12
depreciation accounting
+2
votes
1
answer
Single entry system of book keeping is: (a) Accurate (b) Systematic (c) Unscientific
asked
Feb 15, 2019
in
Class 11
by
kratos
conceptual framework of accounting
cbse
class-11
theory base of accounting
class-9
book-keeping
accountancy
+2
votes
1
answer
Going concern concept assumes a) Business as a dissolving concern b) Business on relishing values c) Business as a going concern
asked
Feb 14, 2019
in
Class 12
by
kratos
conceptual framework of accounting
financial statements of a company
cbse
class-11
class-12
+1
vote
1
answer
The revenue recognition principal dictates that all types of incomes should be recorded or recognized when
asked
Jan 31, 2019
in
Class 11
by
kratos
conceptual framework of accounting
model answers to descriptive questions
class-11
theory base of accounting
+1
vote
1
answer
Accounting principles are generally based on a) Practicability b) Subjectivity c) Convenience in recording d) None of these
asked
Dec 21, 2018
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
theory base of accounting
class-12
+2
votes
1
answer
Accounting principles are generally based upon: a) Practicability b) Subjectivity c) Convenience in recording d) None of the above
asked
Dec 13, 2018
in
Class 12
by
kratos
class-11
conceptual framework of accounting
class-12
cbse
+1
vote
1
answer
In a firm which follows single entry system, ascertains, Capital in the beginning of accounting year by preparing
asked
Dec 7, 2018
in
Class 12
by
kratos
conceptual framework of accounting
class-11
class-10
single entry system
class-12
+3
votes
1
answer
The full disclosure principle, as adopted by the accounting profession, is best described by which of the following?
asked
Oct 29, 2018
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
nature of a company
class-12
+1
vote
1
answer
With reference to the concept of accounting only those transactions are recorded in accounts which can be expressed in terms of money.
asked
Oct 19, 2018
in
Class 12
by
kratos
conceptual framework of accounting
balance of payments
cbse
class-11
class-12
+2
votes
1
answer
State any one objective of Accounting.
asked
Oct 18, 2018
in
Class 12
by
kratos
conceptual framework of accounting
introduction to accounting
cbse
class-11
class-12
+1
vote
1
answer
The going concern concept assumes that a) The entity continue running for foreseeable future
asked
Sep 19, 2018
in
Class 12
by
kratos
conceptual framework of accounting
financial statements of a company
cbse
class-11
class-10
icse
class-12
+1
vote
1
answer
Explain Matching Principle of Accounting.
asked
Aug 13, 2018
in
Class 12
by
kratos
conceptual framework of accounting
cbse
class-11
books of prime entry
class-10
icse
class-12
+1
vote
1
answer
What is matching concept?
asked
Aug 13, 2018
in
Class 11
by
kratos
conceptual framework of accounting
class-11
theory base of accounting
+3
votes
1
answer
Why it is necessary for accountants to assume that business entity will remain a going concern?
asked
Jul 30, 2018
in
Class 11
by
kratos
conceptual framework of accounting
class-11
theory base of accounting
+3
votes
1
answer
Single entry system of book keeping is: (a) accurate (b) systematic (c) Unscientific
asked
Jul 29, 2018
in
Class 11
by
kratos
conceptual framework of accounting
cbse
class-11
theory base of accounting
class-9
book-keeping
accountancy
+2
votes
1
answer
According to which concept business is treated as a unit apart from owner a) Dual concept b) Divider concept
asked
Jul 16, 2018
in
Class 12
by
kratos
class-11
conceptual framework of accounting
class-12
cbse
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