Management Sciences 5308 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

Bank reconciliation statement is a part of_________?

A Cash book

B Trial balance

C Auditors report

D None of these

Review Detailed Answer

Correct Answer: Cash book

Bank reconciliation is a statement prepared to reconcile__________?

A Trial balance

B Cash book

C Bank A/c

D Cash as per cash book with bank balance as per bank pass book

Review Detailed Answer

Correct Answer: Cash as per cash book with bank balance as per bank pass book

The Bank Reconciliation Statement is prepared?

A To rectify the mistakes in the Cash Book

B To arrive at the Bank Balance

C To arrive at the Cash Balance

D To bring out the reasons for the difference between the Balance as per Cash Book and the Balance as per Bank Statement

Review Detailed Answer

Correct Answer: To bring out the reasons for the difference between the Balance as per Cash Book and the Balance as per Bank Statement

Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?

A Cheque issued but not presented

B Cheque issued but dishonoured

C Cheque deposited and credited by bank

D Both A and B

Review Detailed Answer

Correct Answer: Both A and B

Debit side of Bank Pass book corresponds to___________?

A Credit side of Cash Book

B Debit side of Cash Book

C Debit side of Trial Balance

D Credit side of Balance Sheet

Review Detailed Answer

Correct Answer: Credit side of Cash Book

Credit balance as per Cash Book mean____________?

A Surplus cash

B Bank overdraft

C Terms deposits with bank

D None of these

Review Detailed Answer

Correct Answer: Bank overdraft

Which of these items are taken into consideration for preparation of adjusted Cash Book

A Mistake in Cash Book

B Mistake in Pass Book

C Cheque issued but not presented for payment

D Cheques deposited but not cleared

Review Detailed Answer

Correct Answer: Mistake in Cash Book

Which of these documents is not required for Bank Reconciliation?

A Bank column of Cash Book

B Bank Pass Book

C Bank Statement

D Trial Balance

Review Detailed Answer

Correct Answer: Trial Balance

Generally the term fund is used to mean the difference between?

A Current assets and current liabilities

B Profit and loss A/C and Balance sheet

C Current assets and non-current liabilities

D Current liabilities and non-current liabilities

Review Detailed Answer

Correct Answer: Current assets and current liabilities

Cash received from debtors would be deemed as___________of funds.

A No flow

B Sources

C Uses

D Gain

Review Detailed Answer

Correct Answer: No flow

Showing 351 to 360 of 1450 results

Contact Info

Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Bank reconciliation statement is a part of_________?

Bank reconciliation is a statement prepared to reconcile__________?

The Bank Reconciliation Statement is prepared?

Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?

Debit side of Bank Pass book corresponds to___________?

Credit balance as per Cash Book mean____________?

Which of these items are taken into consideration for preparation of adjusted Cash Book

Which of these documents is not required for Bank Reconciliation?

Generally the term fund is used to mean the difference between?

Cash received from debtors would be deemed as___________of funds.

Contact Info

Management Sciences 5308 MCQs [All-Courses]

All Topics 5308

All Topics 5308

Accounting Mcqs 1450

Auditing Mcqs 145

Finance Mcqs 1051

HRM Mcqs 940

Marketing Mcqs 1722

Bank reconciliation statement is a part of_________?

Bank reconciliation is a statement prepared to reconcile__________?

The Bank Reconciliation Statement is prepared?

Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?

Debit side of Bank Pass book corresponds to___________?

Credit balance as per Cash Book mean____________?

Which of these items are taken into consideration for preparation of adjusted Cash Book

Which of these documents is not required for Bank Reconciliation?

Generally the term fund is used to mean the difference between?

Cash received from debtors would be deemed as___________of funds.