eVidyarthi

Main Menu
  • eVidyarthi
  • School CBSE
    • Class 6th
      • Maths Class 6
      • Science Class 6
      • Hindi Class 6
      • Vyakaran
      • English Class 6
      • English Grammar
      • Sanskrit Class 6
      • Geography Class 6
      • Civics Class 6
      • History Class 6
    • Class 7th
      • Maths Class 7
      • Science Class 7
      • Hindi Class 7
      • Vyakaran
      • English Class 7
      • English Grammar
      • Sanskrit Class 7
      • Geography Class 7
      • Civics Class 7
      • History Class 7
    • Class 8th
      • Maths Class 8
      • Science Class 8
      • Hindi Class 8
      • Vyakaran
      • English Class 8
      • English Grammar
      • Sanskrit Class 8
      • Geography Class 8
      • Civics Class 8
      • History Class 8
    • Class 9th
      • Maths Class 9
      • Science Class 9
      • Hindi Class 9
      • व्याकरण
      • English Class 9
      • English Grammar
      • Economics Class 9
      • Geography Class 9
      • Civics Class 9
      • History Class 9
      • Sanskrit Class 9
    • Class 10th
      • Maths Class 10
      • Science Class 10
      • Hindi Class 10
      • Vyakaran
      • English Class 10
      • English Grammar
      • Economics Class 10
      • Geography Class 10
      • Civics Class 10
      • History Class 10
      • Sanskrit Class 10
    • Class 11
      • Maths Class 11
      • English Class 11
      • Hindi Class 11
      • Accounts Class 11
      • Physics Class 11
      • Chemistry Class 11
      • Biology Class 11
      • Economics Class 11
      • Geography Class 11
      • History Class 11
      • Political Science Class 11
      • Sociology Class 11
    • Class 12
      • Maths Class 12
      • English Class 12
      • Hindi Class 12
      • Accounts Class 12
      • Physics Class 12
      • Chemistry Class 12
      • Biology Class 12
      • Economics Class 12
      • Geography Class 12
      • History Class 12
      • Political Science Class 12
      • Sociology Class 12
    • Close
  • CBSE हिन्दी माध्यम
    • Class 6
      • Hindi Class 6
      • English Grammar
      • Vyakaran
      • Ganit Class 6
      • Vigyan Class 6
      • Samajik Vigyan Class 6
      • English Class 6
      • संस्कृत Class 6
    • Class 7
      • Hindi Class 7
      • English Grammar
      • Vyakaran
      • गणित Class 7
      • विज्ञान Class 7
      • सामाजिक विज्ञान Class 7
      • English Class 7
      • Sanskrit Class 7
    • Class 8
      • Hindi Class 8
      • English Grammar
      • Vyakaran
      • गणित Class 8
      • विज्ञान Class 8
      • सामाजिक विज्ञान Class 8
      • English Class 8
      • Sanskrit Class 8
    • Class 9
      • Hindi Class 9
      • English Grammar
      • Vyakaran
      • गणित Class 9
      • विज्ञान Class 9
      • सामाजिक विज्ञान Class 9
      • English Class 9
      • Sanskrit Class 9
    • Class 10
      • Hindi Class 10
      • English Grammar
      • Vyakaran
      • गणित Class 10
      • विज्ञान Class 10
      • सामाजिक विज्ञान Class 10
      • English Class 10
      • Sanskrit Class 10
    • Class 11
      • गणित Class 11
      • English Class 11
      • Hindi Class 11
      • अर्थशास्त्र Class 11
      • भूगोल Class 11
      • इतिहास Class 11
      • राजनितिक विज्ञान
      • समाजशास्त्र Class 11
      • भौतिक विज्ञान Class 11
      • रसायन विज्ञान Class 11
      • जीव विज्ञान Class 11
    • Class 12
      • गणित Class 12
      • English Class 12
      • Hindi Class 12
      • अर्थशास्त्र Class 12
      • भूगोल Class 12
      • इतिहास Class 12
      • राजनितिक विज्ञान
      • समाजशास्त्र Class 12
      • भौतिक-विज्ञान Class 12
      • रसायन विज्ञान Class 12
      • जीव विज्ञान Class 12
    • Close
  • बिहार बोर्ड
    • Class 6
      • हिंदी Class 6
      • Vyakaran
      • English Grammar
      • गणित Class 6
      • विज्ञान Class 6
      • English Class 6
      • सामाजिक विज्ञान Class 6
      • Sanskrit Class 6
    • Class 7
      • हिंदी Class 7
      • Vyakaran
      • English Grammar
      • गणित Class 7
      • विज्ञान Class 7
      • English Class 7
      • सामाजिक विज्ञान Class 7
      • Sanskrit Class 7
    • Class 8
      • हिंदी Class 8
      • Vyakaran
      • English Grammar
      • गणित Class 8
      • विज्ञान Class 8
      • English Class 8
      • सामाजिक विज्ञान Class 8
      • Sanskrit Class 8
    • Class 9
      • हिंदी Class 9
      • Vyakaran
      • English Grammar
      • गणित Class 9
      • विज्ञान Class 9
      • English Class 9
      • सामाजिक विज्ञान Class 9
      • Sanskrit Class 9
    • Class 10
      • हिंदी Class 10
      • Vyakaran
      • English Grammar
      • गणित Class 10
      • विज्ञान Class 10
      • English Class 10
      • सामाजिक विज्ञान Class 10
      • Sanskrit Class 10
    • Close
  • एमपी बोर्ड
    • Class 6
      • हिंदी Class 6
      • Vyakaran
      • English Grammar
      • English Class 6
      • संस्कृत Class 6
      • गणित Class 6
      • विज्ञान Class 6
      • सामाजिक विज्ञान
    • Class 7
      • हिंदी Class 7
      • Vyakaran
      • English Grammar
      • English Class 7
      • संस्कृत Class 7
      • गणित Class 7
      • विज्ञान Class 7
      • सामाजिक विज्ञान
    • Class 8
      • हिंदी Class 8
      • Vyakaran
      • English Grammar
      • English Class 8
      • संस्कृत Class 8
      • गणित Class 8
      • विज्ञान Class 8
      • सामाजिक विज्ञान Class 8
    • Class 9
      • हिंदी Class 9
      • Vyakaran
      • English Grammar
      • English Class 9
      • गणित Class 9
      • संस्कृत Class 9
      • विज्ञान Class 9
      • सामाजिक विज्ञान Class 9
    • Class 10
      • हिंदी Class 10
      • Vyakaran
      • English Grammar
      • English Class 10
      • गणित Class 10
      • संस्कृत Class 10
      • विज्ञान Class 10
      • सामाजिक विज्ञान Class 10
    • Class 11
      • हिंदी Class 11
      • English Class 11
      • गणित Class 11
      • अर्थशास्त्र Class 11
      • भूगोल Class 11
      • इतिहास Class 11
      • राजनितिक विज्ञान Class 11
      • भौतिक विज्ञान Class 11
      • रसायन विज्ञान Class 11
      • जीव विज्ञान Class 11
      • समाजशास्त्र Class 11
    • Class 12
      • हिंदी Class 12
      • English Class 12
      • गणित Class 12
    • Close
  • छत्तीसगढ़ बोर्ड
  • English
    • Basic English Grammar
    • Basic English Speaking
    • English Vocabulary
    • English Idioms & Phrases
    • Personality Enhancement
    • Interview Skills
    • Close
  • Softwares
    • Microsoft Word
    • PhotoShop
    • Excel
    • Illustrator
    • PowerPoint
    • Close
Class 11th Accounts || Menu
  • MCQs Accounts Class 11
  • Notes Accounts Class 11
  • Sample Paper Accounts Class 11
  • Syllabus Accounts Class 11
  • Book Accounts Class 11
  • Introduction To Accounting
  • Accounts Class 11
  • Cash Book, Class 11 Accountancy T.S. Grewal Solutions
  • JOURNAL, Class 11 Accountancy T.S. Grewal Solutions
  • Depreciation, Class 11 Accountancy T.S. Grewal Solutions
  • Trial Balance
  • Rectification of Errors
  • Financial Statements with Adjustments
  • Provisions & Reserves
  • Rules Of Debit & Credit
  • Single Entry System
  • Basic Accounting Terms
  • Source Document and Vouchers
  • Bank Reconciliation Statement
  • Subsidiary Books
  • Accounting Equations
  • Financial Statements
  • Ledger
  • Bills Of Exchange
Share on WhatsApp

Introduction To Accounting Quizz

Ads

MCQ’s For All Chapters – Accounts Class 11th

1. Which of the following statements is the most appropriate definition for Accountancy?

A. Accountancy refers to the systematic knowledge of accounting.

B. Accountancy refers to an art of communicating the financial transactions to accounting users.

C. Accountancy refers to an art of classifying the recorded transactions under their respective accounts.

D. Accountancy refers to the process of recording financial transactions in the order of their occurrence.

Your comments:

Question 1 of 15

2. Which of the following tasks is the prime objective of Cost Accounting?

A. To ascertain the opportunity cost of the business.

B. To ascertain the volume and cost of acquiring funds.

C. To ascertain the cost of goods and services produced.

D. To ascertain the financial position and cost of capital invested.

Your comments:

Question 2 of 15

3. Which of the following tasks is considered as an important objective of accounting?

A. To prepare bills and invoices

B. To prepare Financial Statements

C. To record monetary and non-monetary events

D. To identify business and non-business expenditures

Your comments:

Question 3 of 15

4. If a firm owes money to a person then from the firm’s point of view, the person will be a

A. Payer

B. debtor

C. creditor

D. receiver

Your comments:

Question 4 of 15

5. Which of the following persons invests capital in a firm?

A. Lenders

B. Debtors

C. Creditors

D. Proprietors

Your comments:

Question 5 of 15

6. Book keeping is an art of

A. analysing the financial results

B. recording of business transactions

C. recording of non-monetary events

D. communicating the analysed results

Your comments:

Question 6 of 15

7. An amount paid or a liability incurred for purchase of fixed assets is known as

A. capital invested

B. long term liability

C. capital expenditure

D. revenue expenditure

Your comments:

Question 7 of 15

8. The expenditure whose benefit cannot be claimed in the next accounting period is considered as

A. current liability

B. capital expenditure

C. revenue expenditure

D. deferred revenue expenditure

Your comments:

Question 8 of 15

9. Book keeping is a part of

A. Cost Accounting

B. Financial Accounting

C. Management Accounting

D. National Income Accounting

Your comments:

Question 9 of 15

10. Under which of the following heads the Stock-in-trade is shown?

A. Current Assets

B. Current Liabilities

C. Long Term Investments

D. Short Term Investments

Your comments:

Question 10 of 15

11. Which of the following practices is a limitation of accounting?

A. Ignoring qualitative aspects

B. Recording transactions in Journal

C. Summarising business transactions

D. Classifying the transactions in monetary terms

Your comments:

Question 11 of 15

12. Which of the following practices is a function of Financial Accounting?

A. Price fixing of goods

B. Ascertaining cost per unit

C. Maintaining of payrolls

D. Recording the business transactions

Your comments:

Question 12 of 15

13. Which of the following practices/arts is closely associated with recording of financial transactions?

A. Book Keeping

B. Cost Accounting

C. Decision Making

D. Management Accounting

Your comments:

Question 13 of 15

14. Systematic records involves recording of relevant transactions at one place under a particular head. The head is called ___________.

A. Journal

B. Account

C. Balance Sheet

D. Book of Original Entry

Your comments:

Question 14 of 15

15. Which of the following accounting terms refers to the amount withdrawn by the proprietor for personal use?

A. Profits

B. Drawings

C. Expenses

D. Liabilities

Your comments:

Question 15 of 15

Loading... Loading...

 

Ads

Android App

eVidyarthi

Evidyarthi on Facebook

Like us on Facebook

YouTube Channels

Social Science Class 6
Social Science Class 8
Learn English
English Through हिन्दी
Job Interview Skills
English Grammar
हिंदी व्याकरण - Vyakaran
Mathematics Class 6th
Social Science Class 6
Science Class 6th
हिन्दी Class 6th
Mathematics Class 7th
Science Class 7th
हिन्दी Class 7th
Mathematics Class 8th
Social Science Class 8
Social Science Class 8
Science Class 8th
हिन्दी Class 8th
Mathematics Class 9th
English Class 9th
Science Class 9th
Mathematics Class 10th
English Class 10th
Mathematics Class XI
Chemistry Class XI
Accountancy Class 11th
Accountancy Class 12th
Mathematics Class 12th
Microsoft Word
Microsoft Excel
Microsoft PowerPoint
Adobe PhotoShop
Adobe Illustrator
Learn German
Learn French
IIT JEE
Privacy Policies, Contact Us
Copyright © 2022 eVidyarthi and its licensors. All Rights Reserved.