CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
Inspirational journeys
Follow the stories of academics and their research expeditions
Accounting Skills Assessment Practice Questions 2023 - Part 7
1. All of the following are Liabilities except?
A) Income Receivable
B) Note Payables
C) Wages outstanding
D) None
2. Which of the following is not an asset?
A) Debtors
B) Buildings
C) Cash balance
D) Bank overdrawn
3. All of following are Assets except?
A) Prepaid Rent
B) Goods
C) Unearned Income
D) b and c
4. Assets which have no physical existence and which cannot be seen, touched or felt are?
A) Current assets
B) Tangible assets
C) Fictitious assets
D) Intangible assets
5. Which of the following is a liability?
A) Motor Vehicles
B) Creditors for goods
C) Machinery
D) Cash at Bank
A) Income Receivable
B) Note Payables
C) Wages outstanding
D) None
2. Which of the following is not an asset?
A) Debtors
B) Buildings
C) Cash balance
D) Bank overdrawn
3. All of following are Assets except?
A) Prepaid Rent
B) Goods
C) Unearned Income
D) b and c
4. Assets which have no physical existence and which cannot be seen, touched or felt are?
A) Current assets
B) Tangible assets
C) Fictitious assets
D) Intangible assets
5. Which of the following is a liability?
A) Motor Vehicles
B) Creditors for goods
C) Machinery
D) Cash at Bank
1. Right Answer: A
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: B
Explanation:
Explanation:
2. Right Answer: D
Explanation:
3. Right Answer: D
Explanation:
4. Right Answer: D
Explanation:
5. Right Answer: B
Explanation:
Tags:
Acca exam 2023 acca financial exam certification financial certification exam acca f3 acca f3 20230 Comments
Categories
Recent posts
CA Foundation Business Economics Questions 2023 - Part 31
Fri, 03 Mar 2023
CA Foundation Business Economics Questions 2023 - Part 30
Fri, 03 Mar 2023
Leave a comment