[{"id":244215,"question":"In consignmetn all the expenses either paid by the consiger himself or by the consignee are born by the.","choices":[{"text":"Consignor","value":"A"},{"text":"purchaser","value":"B"},{"text":"Consignee","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244214,"question":"The parties involves in the consignment are.","choices":[{"text":"Two","value":"A"},{"text":"Three","value":"B"},{"text":"Four","value":"C"},{"text":"Five","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244213,"question":"In consginee's books the payment of expense by consignee should be debited to","choices":[{"text":"Consignment account","value":"A"},{"text":"Consignnors account","value":"B"},{"text":"Cash account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244212,"question":"In the books of consignor on reciving advance in cash from consignee should be debited to.","choices":[{"text":"Cash account","value":"A"},{"text":"Consignee account","value":"B"},{"text":"Consignment account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244211,"question":"The consignee acts entirely on behalf of the","choices":[{"text":"Debtors","value":"A"},{"text":"Creditors","value":"B"},{"text":"Customer","value":"C"},{"text":"Principal or consignor","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":244210,"question":"The consignment outward books or journal is maintained by.","choices":[{"text":"Customers","value":"A"},{"text":"Consignor","value":"B"},{"text":"Consignee","value":"C"},{"text":"Debtors","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244209,"question":"Abnormal loss arises due to.","choices":[{"text":"Natural causes","value":"A"},{"text":"Evaporation drying breaking in bulk","value":"B"},{"text":"Pilferage , theft fire etc.","value":"C"},{"text":"Some unavoidable causes","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244208,"question":"Consignee account is of the natur eof.","choices":[{"text":"Personal account","value":"A"},{"text":"Nominal account","value":"B"},{"text":"Real account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244207,"question":"In consignee's books, the acceptance of a bil of echange by consignee will be debited to.","choices":[{"text":"Trading account","value":"A"},{"text":"Bill payable accont","value":"B"},{"text":"Consignor account","value":"C"},{"text":"Consignment account","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244206,"question":"In the books of consignor, the loss on the consignment should be crediterd to.","choices":[{"text":"Consignment account","value":"A"},{"text":"Consigneee 's account","value":"B"},{"text":"Profit and loss account","value":"C"},{"text":"Gppds sent on consignemnt","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244205,"question":"The losses arise in consignment transactions, such as loss of goods in transit, theft, goods damaged or destroyed by fire etc are.","choices":[{"text":"Normal losses","value":"A"},{"text":"Additional loss","value":"B"},{"text":"Abnormal losses","value":"C"},{"text":"Both abnormal and normal loss","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244204,"question":"Over riding commission is calculated on.","choices":[{"text":"Cash sales only","value":"A"},{"text":"Credit sales only","value":"B"},{"text":"Total sales","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244203,"question":"the loss whihc arises due to natural causes such as evaporation etc is called.","choices":[{"text":"Abnormal loss","value":"A"},{"text":"Normal loss","value":"B"},{"text":"Additional loss","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244202,"question":"In case of del creder commission the liability of bad debts is on","choices":[{"text":"Consignee","value":"A"},{"text":"Consignor","value":"B"},{"text":"Both on consignee and consignor","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244201,"question":"An additional commission paid to the consignee who gurantees the payment in case of credit sale, is called.","choices":[{"text":"Bonus","value":"A"},{"text":"Commission","value":"B"},{"text":"Del creder commision","value":"C"},{"text":"Credit commission","value":"D"},{"value":"E"}],"correctAnswer":3}]