• Probability of something in interest rate of XXX?

    A. Financial operation

    B. Statistical operation

    C. Mathematical operations

    D. None of these

  • Probability is a key concept in statistics, used to measure the likelihood of an event occurring. In the context of interest rates, probability is often applied in risk analysis, forecasting, and financial modeling, which are part of statistical operations.

  • Balance of cashbook shows the: __________?

    A. Difference between income and expenditure

    B. Total of cash available

    C. Interest earned

    D. Deposited amount in bank

  • Cash brought by the owner to start business is called__________?

    A. Drawing

    B. Loan

    C. Capital

    D. None of these

  • Sales return is also known as____________?

    A. Return received

    B. Return outward

    C. Return inward

    D. Return Payed

  • Obligation of the Business are known as___________?

    A. Assets

    B. Expenses

    C. Liabilities

    D. Revenues

  • Double entry means______________?

    A. Entry in two sets of books

    B. Entry at two ends

    C. Entry at two dates

    D. Entry for two aspects of the transaction

  • The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is_________?

    A. Depreciation

    B. Physical deterioration of the asset

    C. Decrease in market value of the asset

    D. Valuation of an asset at a point of time

  • Probability of something in interest rate of XXX?

    A. Financial operation

    B. Statistical operation

    C. Mathematical operations

    D. None of these

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