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CBSE Class 11 Chapter 1 Introduction to Accounting

  CBSE Class 11 Chapter 1 Introduction to Accounting Introduction: Learn the important MCQ Questions for Class 11 Accountancy Chapter 1 of Introduction to Accounting with the latest CBSE syllabus. Below is also a Google Forms mock test which can be used for quick revision and self-assessment prior to exams. For better understanding of MCQs and short questions in an easy way you can watch the video explanation. 👉 Click Here to Attempt the Google Forms Mock Test 👉 Click Here to Watch YouTube Video (MCQs & Short Answer Questions) 👉 Click Here to Watch YouTube Video - CBSE Chapter 1 Introduction to Accounting Very Short Answer Type Questions:   1. Give the meaning of 'Accounting'. Answer: Accounting is a process of identifying financial transactions, measuring them in money terms, recording them in primary books, classifying, summarising, analyzing, interpreting them and communicating the results to the users. 2. List any two functions of Accounting. Answer: Two functions...
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CBSE Class 11 Chapter 1 Introduction to Accounting

  CBSE Class 11 Chapter 1 Introduction to Accounting Introduction: Learn the important MCQ Questions for Class 11 Accountancy Chapter 1 of Introduction to Accounting with the latest CBSE syllabus. Below is also a Google Forms mock test which can be used for quick revision and self-assessment prior to exams. For better understanding of MCQs and short questions in an easy way you can watch the video explanation. 👉 Click Here to Attempt the Google Forms Mock Test 👉 Click Here to Watch YouTube Video (MCQs & Short Answer Questions) 👉 Click Here to Watch YouTube Video - CBSE Chapter 1 Introduction to Accounting I. Multiple Choice Questions (MCQs): (i) Book Keeping and Accounting (a) means same and are used interchangeably. (b) does not mean same and are not used interchangeably. (c) means both (a) and (b). (d) None of the above. Answer: (b) does not mean same and are not used interchangeably. (ii) Which of the following is not a sub-field of accounting? (a) Book Keeping (b) Manage...
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