Q.

The value of z in the system of

equations 3x + y+2z=3, 2x-3y-z= -3 and x+
2y+ z=4 is __________.
A) Convention of Materiality
B) Convention of Conservatism
C) Convention of Consistency
D) Convention of Full Disclosure

Q. 2

Match the following UNIX commands:

Set A
1. cd
2. pwd
3. tail
4. cp
Set B
a. prints the last 10 lines of the text file
b. to copy files
C. changing the working directory
d. printing the working directory
A) Recording
B) Classifying
C) Communicating
D) Analyzing

Q. 3

EBCDIC stands for

A) Debit the Receiver
B) Debit what comes in
C) Credit what goes out
D) Credit the Giver

Q. 4

Match the following with respect to hashing

functions:
Set A
1. Separate Chaining
2. Open Addressing
3. Linear Probing
4. Quadratic Probing
Set B
a. In this scheme, if collision occurs, alternative
buckets are tried unt
A) Surplus
B) Equity
C) Income
D) Profit

Q. 5

Space required to store one list element is

obtained by invoking which C library function
A) debit, overdraft
B) credit, overdraft
C) overdraft, debit
D) overdraft, credit

Q. 6

______ is a specification that takes into

account the syntactic properties of a language
A) Return Outwards
B) Purchase Allowance
C) Both A) and B)
D) None of the above

Q. 7

A Bill before it is accepted by the drawee is known as:

A) Summary
B) Draft
C) Plan
D) Acceptance

Q. 8

___
A)
B)
C)
D)

means communicating an intended meaning

Relevance
Understandability
Reliability
Comparability

Q. 9

The value of x in the following system of

equations, 2x+y+4z=12, 4x+11y-z=33, 8x3y+2z=20 (use matrix inversion method) is
_______.
A) Financial Accounting
B) Management Accounting
C) Cost Accounting
D) All of the above

Q. 10 Given dy / dx = x2 - y with y(0) = 1, the

value of y(0.1)= ____ . Use R. K method of
order four.
A) Financial Accounting
B) Income Tax Accounting
C) Social Responsibility Accounting
D) None of the above

Q. 1

Advantages of Single-entry System

A) It is a simple method of recording business transactions
B) It is more costly than double entry systems
C) It facilitates the calculation of income but not of financial position
D) It does not track asset and liability accounts

Q. 2

The principal characteristics of financial statements are: 1) Relevance 2) Understandability 3) Reliability

4) Comparability 5) Timeliness 6) Cost-Benefit Analysis
A) 1, 2, 3, 4
B) 1, 2, 3, 4, 5
C) 1, 2, 3, 4, 5, 6
D) 1, 2, 3, 5, 6

Q. 3

The
A)
B)
C)
D)

Q. 4

State the true equations a. Liabilities + Assets = Capital b. Liabilities Assets = Deficiency of Capital
A) Only a
B) Only b
C) a and b
D) None of the above

Q. 5

Which of the above reasons should be entered in the Less part of Bank Reconciliation Statement?
A) 1, 3 and 5
B) 2, 3 and 4
C) 2 and 4
D) 1 and 4

Q. 1

In the above figure, 1 stands for:

A) Debit the Receiver
B) Credit the Receiver

rent paid for fifteen months in advance is an example for ___ basis of accounting:
Accrual
Cash
Both A) and B)
None of the above

C)
D)

Debit the Giver

Credit the Giver

Q. 2

National Bank
A) 37485
B) 47845
C) 42485
D) 44485

Q. 3

What is the total Assets in Balance Sheet?

A) 328750
B) 328500
C) 278750
D) 278500

Q. 4

What are the various possible combinations on the components of an accounting equation? 1) Increase
in one assets, decrease in another asset 2) Decrease in one liability, decrease in other liability 3)
Increase in one item of proprietors equity, decrease in another item of proprietors equity 4) Increase in
one item of proprietors equity, decrease in liability 5) Decrease in asset, decrease in liability
A) Except 1
B) Except 3
C) Except 4
D) All of the above

Q. 5

The main objectives of accounting include: 1. To maintain complete and proper records of the business
2. To protect business properties 3. To ascertain operating profit or loss 4. To ascertain the financial
position of the business 5. To facilitate rational decision making
A) Except 1
B) Except 3
C) Except 5
D) All of the above