NCERT Class 11 Chapter 1 Accountancy Introduction to Accounting MCQ | Questions & Answers

NCERT Class 11 Chapter 1 Accountancy Introduction to Accounting MCQ | Questions & Answers: Want to take up the NCERT Class 11 Chapter 1 Accountancy Introduction to Accounting MCQ Quiz? If so, then here is an article for you. Give a try for it and get instant results by submitting the answers at the end of the quiz.

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1. Recording of the business transaction in a systematic way is called

2. In accounts recording is made of :

3. To control the cost of production and distribution is the main field of:

4. Internal users of accounting information are :

5. Cash, goods or assets invested by the proprietor in the business for earning profit is called-

6. Which of the following is not a limitations of Accounting ?

7. The Pioneer of Accounting is:

8. The supply of goods or services in exchange of money between two parties is known as

9. Management accounting provides valuable services to management in performing

10. Discounts received are