Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 6 Depreciation, Provisions and ReservesQuestion 1. Depreciation of a fixed asset is an example of ________ (March 2010) a) revenue expenditure b) capital expenditure c) defe…

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 5 Trial Balance and Rectification of ErrorsQuestion 1. Which of the following errors does not affect the trial balance? (March 2010) a) Wrong balancing b) Wrong totaling c) …

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 4 Bank Reconciliation StatementQuestion 1. State whether the following is “true” or “false”. If false, correct the same. (March 2010) The balance as shown by the bank passboo…

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 3 Recording of Transactions – I & Recording of Transactions – IIQuestion 1. The journal is the book of ________ (March 2010) a) original entry b) secondary entry c) only…

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 2 Theory Base of AccountingQuestion 1. Closing stock is valued at _______ (March 2010) a) Cost price b) Market price c) Cost price or market price whichever is lower. d) repl…

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 1 Introduction to AccountingQuestion 1. Find the odd one out. (March 2010) a) Machinery b) Land and building c) Closing stock d) Furniture Answer: c) Closing stockQuestion 2…

 Kerala Plus One Business Studies Chapter Wise Previous Questions Chapter 12 International Business – IIQuestion 1. When goods are delivered on the ship, the captain of that ship issues a document called ………….. (March – 2009) a) Mate’s receipt b) Bill o…

Kerala Plus One Business Studies Chapter Wise Previous Questions Chapter 11 International Business – IQuestion 1. This is a document stating the value and quantity of goods entering the country from abroad. It is submitted to the customs office. State th…

Kerala Plus One Business Studies Chapter Wise Previous Questions Chapter 10 Internal TradeQuestion 1. He is the last link in the distribution channel. He sells goods in small quantities. Who is this trader? (June – 2008) Answer: RetailerQuestion 2. “Abs…

Kerala Plus One Business Studies Chapter Wise Previous Questions Chapter 9 Small BusinessQuestion 1. Small Industries Development Bank of India (SIDBI) has been set up in the year 1990 with a view to the promotion and development of small industries in I…