I.Com Part 1 Principles of Accounting chapter 1 Short Question Preparation


11th Class Principles of Accounting
Chapter 1 Introduction Preparation

Start Chapter 1 Test

11th Class Principles of Accounting Chapter Wise Preparation

Online Short Questions For Chapter 1 "ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation "

Try The Short Questions For ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation

  • Total Questions10

  • Available Sets3

Start Test Download PDF

Principles of Accounting - ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation

Question # 1

Define cost accounting.

  • Ans 1: Cost accounting is an extended branch of financial accounting that determines the cost of goods manufacturing or produced by the business,It helps the management to get as far as possible the exact cost of goods manufacturing.
Submit

Prepare Complete Set Wise Questions For Chapter 1 "ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation "

ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation - Set 1

Question # 1

Define cost accounting.

  • Ans 1: Cost accounting is an extended branch of financial accounting that determines the cost of goods manufacturing or produced by the business,It helps the management to get as far as possible the exact cost of goods manufacturing.
Submit

ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation - Set 2

Question # 1

Define the term debtor.

  • Ans 1: The persons to whom or goods services are sold on credit or the person from whom money is to be received in near future are called debtors,Debtors are also accounts receivables,.
Submit

ICOM Part 1 Principles of Accounting Chapter 1 Short Question Preparation - Set 3

Question # 1

What is meany by merchandise or goods?

  • Ans 1: It refers to something which has been purchased by a trader for resale purpose.
    Or
    Anything which has been purchased or manufactured for selling purposes is called goods or merchandise.
Submit

ic-science-white
Principles of Accounting
1st Chapter

11th Class Principles of Accounting Chapter 1 Preparation

Here you can prepare 11th Class Principles of Accounting Chapter 1 Preparation. Click the button for 100% free full Preparation.