Financial and Management Accounting-Capital and Revenue (CBSE-NET (Based on NTA-UGC) Commerce (Paper-II)): Questions 1 - 4 of 4

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Question number: 1

» Financial and Management Accounting » Capital and Revenue

MCQ▾

Question

All capital expenditures and receipts are taken to

Choices

Choice (4) Response

a.

Trading & P/L account

b.

Balance sheet

c.

Trial Balance

d.

Question does not provide sufficient data or is vague

Question number: 2

» Financial and Management Accounting » Capital and Revenue

MCQ▾

Question

All revenue expenditures and receipts are taken to

Choices

Choice (4) Response

a.

Trial Balance

b.

Balance sheet

c.

Trading & P/L account

d.

All of the above

Question number: 3

» Financial and Management Accounting » Capital and Revenue

Appeared in Year: 2017

MCQ▾

Question

Debt financing is a cheaper source of finance because of (January Paper 2)

Choices

Choice (4) Response

a.

Rate of interest

b.

Tax deductibility of interest

c.

Time value of money

d.

Dividends are not payable to lenders

Question number: 4

» Financial and Management Accounting » Capital and Revenue

Appeared in Year: 2015

MCQ▾

Question

Interest on loan taken for the purchase of fixed assets is a:

Choices

Choice (4) Response

a.

Capital Loss

b.

Deferred Revenue Expenditure

c.

Capital Expenditure

d.

Revenue Expenditure

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