Take a quick Multiple Choice Questions (MCQs) test about Non-trading concerns. These MCQs can help you to prepare for your exams, interviews and different tests. Just click the “start quiz” button and start Non-trading Concerns MCQs quiz.
If you find difficulty in answering these questions, read ‘Non-trading Concerns‘ chapter thoroughly from the explanation section of the website.
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Non-trading concern msqs
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Question 1 of 8
1. Question
Examples of non-trading concerns are:
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Your answer is incorrect. The correct answer is “Civil hospital” (option 2).
Question 2 of 8
2. Question
The accounts of non-trading concerns are generally maintained according to:
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Your answer is incorrect. The correct answer is “Doub entry book keeping system” (option 3).
Question 3 of 8
3. Question
The main source of income for non-trading concern is:
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Your answer is incorrect. The correct answer is “Subscription” (option 1).
Question 4 of 8
4. Question
The control of non-trading concern rest in the hand of:
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Your answer is incorrect. The correct answer is “Governing body” (option 3).
Question 5 of 8
5. Question
If debit side of receipt and payment account exceeds credit, it represents:
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Your answer is incorrect. The correct answer is “Cash at bank” (option 1).
Question 6 of 8
6. Question
Deficit balance can be shown in balance sheet as:
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Your answer is incorrect. The correct answer is “Assets” (option 2).
Question 7 of 8
7. Question
If debit side of income and expenditure account is greater it is termed as:
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Your answer is incorrect. The correct answer is “Deficit balance” (option 4).
Question 8 of 8
8. Question
Reciept and payment account includes:
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Your answer is incorrect. The correct answer is “Both capital and revenue items” (option 3).
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Your answer is incorrect. The correct answer is “Civil hospital” (option 2).
Questions are very simple, elementary stage. Advance and HOTS are required for class 12 cbse students
Yes, This is CBSE has introduced objective type and MCQ in syllabus for 2019-20 exams.
Do some research work for better questions for students.