Question : Codification of accounts leads to ________.

Option 1: grouping of forms

Option 2: grouping of accounts

Option 3: grouping of sub heads

Option 4: None of these

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 : What is an economy?

Option 1: It is a system which provides people, the means to work

Option 2: It is a system which provides people, the means to earn

Option 3: Both 1 and 2

Option 4: None of the above

Question : Codification of Accounts required for the purpose of:

Option 1: Hierarichal relationship between groups amd components

Option 2: Data Processing faster and preparing of final accounts

Option 3: Keeping data and information secured

Option 4: None of the above

Question : Under Zamindari System, agricultural sector went to the zamindars in the form of ________.

Option 1: Lagaan

Option 2: Wage

Option 3: Income

Option 4: All of the above