Question : The computerised accounting system refers to - 

Option 1: Printing of Balance sheet and Profit and loss accounts using computer

Option 2: Processing of accounting transaction through computer and produce reports and records

Option 3: Processing of accounting related data and priting reports

Option 4: None of the above

Question : What is a significant difference between British and Indian accounts of the Revolt of 1857 in terms of their focus?

Option 1: British accounts focus on military strategies, while Indian accounts focus on social impact

Option 2: British accounts emphasize the role of technology, while Indian accounts highlight traditional warfare

Option 3: British accounts portray the revolt as a criminal act, while Indian accounts view it as a struggle for freedom

Option 4: British accounts are more factual, while Indian accounts are more emotional

Question : The Parliamentary Committee which scrutinises the report of the Comptroller and Auditor General of India is

Option 1: Estimates Committee

Option 2: Select Committee

Option 3: Public Accounts Committee

Option 4: None of these

Question : According to the data of 2011-12, Casual brokers accounts for __ of work force.
 

Option 1: 45%
 

Option 2: 35%
 

Option 3: 65%
 

Option 4: 25%
 

Question : Statement 1: In management accounting, data from cost accounting and financial accounting are both used.
Statement 2: Therefore, a suitable system is required to combine cost accounts and financial accounts.

Option 1: Both the statements are true

Option 2: Both the statements are false

Option 3: Statement 1 is true and statement 2 is false

Option 4: Statement 1 is false and statement 2 is true