Top 50+ Solved Advanced Corporate Accounting MCQ Questions Answer
Q. ______________ is a term used in the field of accounting which measuresthe environmental and natural resources accounting, which tends to incorporate the natural and environmental assets of the firm and it’s resources.
a. Social Accounting
b. Green Accounting
c. Inflation Accounting
d. None of the above
Q. _________ highlights both the contribution of business enterprises toeconomic wellbeing and the costs imposed in the form of pollution or resource degradation.
a. Social Accounting
b. Environmental Accounting
c. Inflation Accounting
d. None of the above
Q. _______________ is concerned with the development of measurementsystem to monitor social performance.
a. Social Accounting
b. Environmental Accounting
c. Inflation Accounting
d. None of the above
Q. __________ is the method were all assets and liabilities are recorded on abalance sheet according to the cost of replacing them rather than their historical costs.
a. Replacement Cost Accounting
b. Current Value
c. Current Cost Accounting
d. None of the above
Q. ___________ acts as an evidence of social commitment.
a. Social Accounting
b. Environmental Accounting
c. Inflation Accounting
d. None of the above