Business studies Mcqs, Accounts Mcqs, Business studies notes,Quiz and case Based Questions, Quizizz

Bases of accounting Quiz-1 Index => Bases of accounting Quiz-1 Quiz Show all questions <=   => Which of the following businesses is most likely to use the cash basis of accounting? ?   A small business with a simple financial structure. ?   A large business with a complex financial structure. ?   A business that sells its products or services on credit. ?   A business that sells its products or services for cash. The companies Act, 2013 requires companies to follow which basis of accounting ?   Cash basis ?   accrual basis ?   both the above ?   No mention is given under companies Act, 2013 regarding this. Which of the following is a disadvantage of cash accounting? ?   It does not provide a complete picture of a company's financial performance. ?   It can be difficult to track cash flow under cash accounting. ?   It can be difficult to compare the financial performance of diff

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Business Environment Quiz-2 Index => Business Environment Quiz-2 Quiz Show all questions <=   => Business environment includes ?   Surroundings of Business ?   Forces, Factors, Institutions which directly or indirectly effect business ?   Customers and Employees ?   None of the above Face book, Twitter and Whatsapp is the result of ?   Political Environment ?   Economic Environment ?   Social Environment ?   Technological Environment Change in sensex and Nifty during election is part of ?   Political Environment ?   Social Environment ?   Legal Environment ?   Economic Environment Liberalisation is ?   Free Flow of goods and services ?   Increase participation of private sector ?   Reduction in formalities, taxes and tariff ?   Unity among Political Parties Eco-friendly products are gaining power as the consumers' awareness about environmental issues has increased over the