NCERT Class 11 Accountancy MCQ : Theory Base of Accounting

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Theory Base of Accounting
Theory Base of Accounting

NCERT Class 11 Accountancy MCQ : Theory Base of Accounting

Unlock the essentials of accounting theory with our comprehensive Multiple Choice Questions (MCQs) page dedicated to the “Theory Base of Accounting.” Featuring handpicked questions from the previous year papers of various exams, including UPSC IAS and more, this resource provides a strategic platform for aspiring accountants and professionals to solidify their understanding of accounting principles.

Immerse yourself in real exam scenarios as you navigate through questions covering the core theories that underpin accounting practices. Whether you’re preparing for UPSC IAS or exams in the accounting and finance sectors, this MCQs page ensures a well-rounded approach to mastering the theory base of accounting, offering questions of varying difficulty levels for a thorough examination of the subject.

Strengthen your knowledge of fundamental concepts such as accruals, prudence, and consistency, key elements in accounting theory. This resource is tailored to meet the needs of students and professionals alike, providing a focused and effective study aid for the “Theory Base of Accounting.”

Prepare for success by engaging with this expertly curated collection, honing your accounting acumen, and gaining a competitive edge in your exam preparation

NCERT Class 11 Accountancy : Theory Base of Accounting MCQ – NCERT Class 11 MCQ

Question:
Generally the duration of an Accounting period is of-
  • A
  • B
  • C
  • D
Question:
The sum of Liabilities and Capital is-
  • A
  • B
  • C
  • D
Question:
In India, the accounting standard board was set up in the year-
  • A
  • B
  • C
  • D
Question:
The basic accounting postulates are denoted by –
  • A
  • B
  • C
  • D
Question:
The amount drawn by businessmen for his personal use is-
  • A
  • B
  • C
  • D
Question:
Meaning of credibility of going concern is:
  • A
  • B
  • C
  • D

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