11th Accountancy Weekly Test - 4 ( Conceptual Framework of Accounting )

MABS Institution

11th Accountancy Weekly Test - 4 ( Conceptual Framework of Accounting )-Aug 2020

Time : 1.30 Hours

Part - A

Generic 3 - Answer All Question

What are advantages of book-keeping?

What are the objectives of book-keeping?

Which value is reflected in the Accounting standards issued by ICAI?

"Despite many advantages, double entry system also has some disadvantages". In the light of this statement discuss the advantages of double entry system.

"Business units last indefinitely". Mention and explain the concept on which the statement is based.

How does matching principle apply to depreciation?

Briefly explain the relationship among accounting, accountancy and book-keeping.

What are the basic concepts of accounting?

What is Accounting Standards in the words of Kohler?

What is the need for accounting standards?

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11th Accountancy Weekly Test - 4 ( Conceptual Framework of Accounting )

MABS Institution

11th Accountancy Weekly Test - 4 ( Conceptual Framework of Accounting )-Aug 2020

Part - A

Generic 3 - Answer All Question

What are advantages of book-keeping?

What are the objectives of book-keeping?

Which value is reflected in the Accounting standards issued by ICAI?

"Despite many advantages, double entry system also has some disadvantages". In the light of this statement discuss the advantages of double entry system.

"Business units last indefinitely". Mention and explain the concept on which the statement is based.

How does matching principle apply to depreciation?

Briefly explain the relationship among accounting, accountancy and book-keeping.

What are the basic concepts of accounting?

What is Accounting Standards in the words of Kohler?

What is the need for accounting standards?

Comment

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11th Accountancy Weekly Test - 4 ( Rectification o

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11th Accountancy Monthly Test - 4 (Computerised Ac

11th Accountancy Monthly Test - 3 ( Depreciation A

11th Accountancy Monthly Test - 2 ( Depreciation A

11th Accountancy Monthly Test - 1 ( Depreciation A

11th Accountancy Weekly Test - 4 ( Depreciation Ac

11th Accountancy Weekly Test - 3 ( Depreciation Ac

11th Accountancy Weekly Test - 2 ( Depreciation Ac

11th Accountancy Weekly Test - 1 ( Depreciation Ac

11th Accountancy Monthly Test - 4 ( Rectification

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