Monday, 27 May 2013
Quiz on Commerce with Answers
Posted on 21:57 by Unknown
Quiz on Commerce with Answers
( Next GK Commerce Questions )
1. Preparation of Trial Balance helps, mainly, in–
(A) summarising business transactions
(B) verifying that ‘generally accepted accounting principles’ have been observed
(C) finalising the ‘sources and uses of funds’ statement
(D) locating errors, if any, in books of accounts.
Answer: locating errors, if any, in books of accounts.'
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