Question : Expenditure method is also known as__________________. 

Option 1: Income disposal method

Option 2: Income spending method

Option 3: Factor income method

Option 4: None of the above.

Question : The Difference of assets and libilities side of balance sheet of a not for profit orgination is known as :

Option 1: General Reserve 

Option 2: Reserve Fund 

Option 3: Capital Fund 

Option 4: Capital 

Question : Cash Flow Statement by Indirect Method is prepared on the basis of ___________.

Option 1: Balance sheet

Option 2: Profit and loss account

Option 3: Both 1 and 2

Option 4: None of the above

Question : Cash Flow Statement by Indirect Method is prepared on the basis of ___________.

Option 1: Balance sheet

Option 2: Profit and loss account

Option 3: Both 1 and 2

Option 4: None of the above

Question : Income method is also known as ________________________.

Option 1: Distributive share method.

Option 2: Factor payment method

Option 3: Both A and B

Option 4: Only A