A Balance Sheet tallies; because:
A) it is based on double entry system of accounting
B) it is based on single entry system of accounting.
C) all accounts are computerise
D) total of assets equals to the total of liabilities
Correct Answer:
Verified
Q12: In the Balance-sheet----- stock is indicated
A)opening
B)closing
C)average
D)finished goods
Q13: Rights issue is also called as -----
A)privileged
Q14: …… increases the number of shares without
Q15: A merchant banker-------
A)is a bank of merchants
Q16: Decision involving purchase of fixed assets are
Q18: Which of the following is a security
Q19: Time value of Money is based on
Q20: An ideal liquid ratio must be -----
A)1
Q21: The abbreviation "SIP" in a mutual fund
Q22: In case of Mutually Exclusive proposals
A)only the
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