Which of the following is not an instrument for controlling public expenditure?
Constitution
Financial regulation
Budget
Memorandum
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a norminal account?
Bank account
Cash account
Sales account
Stock account
Correct answer is C
No explanation has been provided for this answer.
Trade creditors personal accounts are found in the
Purchases ledger
Sales ledger
General ledger
Sales day book
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a storage device?
Diskette
Key board
Printer
Monitor
Correct answer is A
A floppy disk, also known as a floppy, diskette, or simply disk, is a type of disk storage composed of a disk of thin and flexible magnetic storage medium, sealed in a rectangular plastic enclosure lined with fabric that removes dust particles.
Conservatism
Consistency
Prudence
Materiality
Correct answer is B
No explanation has been provided for this answer.