CBES Board Class 11 MCQ Quiz Hub

1. Such persons who earn remuneration against their services are called –
Seller
Purchaser
Professional
None of these.

2. Which of the following is not an item of income of Non – trading concern –
Entrance fees
Interest
Govt. Aid
Salary.

3. Receipt and payment account is a summary of-
Income & Expenditure account
Profit & Loss A/c
Cash – book
None of these.

4. Which of the following is recorded in income & expenditure account –
Revenue items
Capital items
Revenue and capital items
None of these.

5. A system of accounting which is not based on double entry system is called-
Cash system
Mahajani system of accounting
Incomplete accounting system
None of these.

6. Accounts which are maintained under single entry system-
Personal accounts
Impersonal accounts
(a) & (b) both
None of these.

7. Statement of affairs is prepared to-
Know about assets
Know about liabilities
Calculate capital
Know financial position.

8. Liabilities and assets amount to Rs. 50,000 and Rs. 78,000 respectively. The difference amount will represent-
Creditors
Debentures
Profit
Capital.

9. Generally incomplete records are maintained by-
Trader
Society
Company
Government.

10. What is MIS-
Management information system
Micro information system
Middle internet system
Mass information system

11. What is C.P.U.
Central processing unit
Central unit of production
Central progress unit
Central power unit

12. Mouse is a-
Input device
Output device
Input and output both
None of these

13. Super computers are-
Large in size and speed and storage are more than else
Small in size and less speed
Same size and same speed
All of above

14. What are the features of a computerized accounting system.
It facilitates off-line input and storage of accounting data
This system never fails
It generates a print-out of purchase and sale invoices
None of the above

15. What is not an advantages of a computerized accounting system.
High Speed
High Reliability
Reduced training cost
None of the above

16. What are the types of a computerized accounting system.
Ready to use Software
Customized Software
Tailor-made Software
All of the above

17. What is the advantages of tailor-made software.
These are ready made softwares
Low cost
High secrecy of data
None of the above

18. What are the factors to be considered while source accounting software?
Flexibility
Adaptability
Interest of management
Both a & B

19. Ram want to install a computerised accounting system but his budget is low. Which software he should opt for
Ready to use Software
Customized Software
Tailor-made Software
He can buy any of above, all cost same

20. If an organisation want to develop a computerised accounting system according to its need as the business of organisation is complex. Which software it should opt for
Ready to use Software
Customized Software
Tailor-made Software
Any of above

21. What are the features of computerized accounting software?
storage of accounting data and on-line input
instantly produces different reports
group different account
All of the above

22. The ……….of a vendor is also an important factor to consider while opting for a computerized accounting software
Level of profit
Honesty
Capability
None of the above

23. A software must be easy to…….
Install
Adapt
Understand
All of the above