Multiple Choice Questions (MCQs) Select the correct alternative: 1. X and Y are sharing profits and losses in the ratio of 3 : 2. They admit Z as a …
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Read more1 . Receipt and payment Account is prepared on a) Cash Basic. b) Time Basis. c) Accrual Basis. d) Sales Basis. Ans . a 2 . Not-for-Profit Organisati…
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Read moreBusiness Studies Class 12 Mcq Chapter 1 1. Efficiency : a) Focuses on optimum use of resources b) Involves cost-benefit analysis c) Means doing the…
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