Question : Accounts must be codified in order to:

Option 1: maintain a hierarchy between groups and components

Option 2: process data more quickly and prepare final accounts

Option 3: keep data and information safe

Option 4: none of the above.

Question : There is a hierarchical relationship between the _______.

Option 1: groups

Option 2: components

Option 3: Both 1 and 2

Option 4: All of the above

Question : Method of codification should be - 

Option 1: Such that it leads to grouping of accounts

Option 2: An identification mark

Option 3: Easy to understand and leads to grouping of accounts

Option 4: None of the above

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 : Which type of relationship exist between rate of dividend and share price?

Option 1: Direct relationship
x

Option 2: Indirect relationship

Option 3: Inversely proportional relationship

Option 4: None of the above