Top 50+ Solved Final Accounts Of Cooperative Societies MCQ Questions Answer
Q. Reserve for doubtful debts is stands for …………
a. RDD
b. Reserve fund
c. Bad debts
d. Loans and advances
Q. …………….are not formed for earning profit.
a. co-operative society
b. Public Company
c. HUF
d. Private Company
Q. Deposits from Society and individuals should be shown separately to the ……..side of balance sheet.
a. Liabilities
b. Current Assets
c. Education Fund
d. Fixed Assets
Q. The primary objective in the formation of Co-operative credit Society is ………
a. promoting of saving
b. To Maintain Stock Register
c. A and C only
d. to get maximum profit