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Introduction To Accounting — Practice Quiz

NIOS · Class 10 · Accountancy

Try a 4-question quiz on Introduction To Accounting for NIOS Class 10 Accountancy: tap an answer to check it and see why.

64 questions38 flashcards5 concepts

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Quick Quiz: Introduction To Accounting

0/4

Tap an answer to check it instantly. No sign-up needed for these 4.

1

What is a business transaction?

2

Which activity is a personal transaction and not a business transaction?

3

Which activity is NOT a business transaction?

4

Who starts the example business with cash ₹1,00,000/-?

64 Questions·
multiple choicetrue falsemultiple correct

Sample Questions

1multiple choice
1 marks

What is the correct statement about book-keeping and accounting?

Show answer

Book-keeping and accounting are different from each other

Book-keeping and accounting are not synonymous terms; they are different.

2multiple choice
1 marks

What is book-keeping mainly concerned with?

Show answer

Recording financial data in a significant and orderly manner

Book-keeping is concerned with recording financial data in a significant and orderly manner.

3multiple choice
1 marks

Accounting is called the language of business because it mainly serves as a means of what?

Show answer

Communication

Accounting communicates the results of business operations to interested parties, so it is called the language of business.

4multiple choice
1 marks

Which branch of accounting is studied in this course?

Show answer

Financial Accounting

Only Financial Accounting is studied in this course.

+60 more questions on Introduction To Accounting (NIOS Class 10 Accountancy)

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Frequently Asked Questions

What are the important topics in Introduction To Accounting for NIOS Class 10 Accountancy?
Key topics in Introduction To Accounting include Business Transactions, Book-Keeping, Accounting and Its Definitions, Branches of Accounting. Study these first, then practise questions on each for the NIOS Class 10 board exam.
How many practice questions are there for Introduction To Accounting?
There are 64 questions on Introduction To Accounting. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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