Top 1000+ Solved Financial Accounting MCQ Questions Answer
Q. Which among the following is an example of mnemonic codes?Sol:
a. AS03, AS04, AS05
b. 1925, 1926, 1927, 1928
c. ACC, ECO, ENG, MAL
d. 001-100, 101-200, 201-300, 301-400
Q. Which among the following deals with generation of reports that are vital for managementdecision making?Sol:
a. Costing sub system
b. Pay Roll Accounting Sub system
c. Budget Sub System
d. Management Information System
Q. The need of codification isSol:
a. Easy to process data
b. Keeping proper records
c. The generation of block codes
d. The encryption of data