Quiz 5

Accounting Abbreviations – Beginner
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10 MCQs with right answers
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Q1. WACC stands for Weighted Average Cost of _____.*

1 mark

Carriage

Carrying Value

Capital

Collateral

Q2. In balance B/F, 'B/F' stands for?*

1 mark

Brought From

Bridge Financing

Break Fee

Brought Forward

Q3. Short form for 'Transaction' is _____.*

1 mark

TNX

TXN

TRN

TAX

Q4. 'CF' in Balance C/F stands for?*

1 mark

Came Forward

Carried From

Carried Forward

Cash Flow

Q5. SEC stands for _____ & Exchange Commission*

1 mark

Securities

Shares

Stocks

Sensex

Q6. TDS stands for Tax Deduction _____.*

1 mark

from Sales

from Salary

from Subsidy

at Source

Q7. T&E stands for _____ Expenses*

1 mark

Tax & Equity

Travel & Entertainment

Travel & Eating

Tax & Earning

Q8. 'BD' in Balance B/D stands for?*

1 mark

Bring Down

Boundary

Bank Deregulation

Brought Down

Q9. ACCA stands for Association Of Chartered _____ Accountants*

1 mark

Complete

Control

Certified

Capital

Q10. Expand Balance C/D*

1 mark

Balance Carried Devaluation

Balance Carried Down

Balance Cash Deficit

Balance Came Down

Quiz 5 – Accounting Abbreviations – Beginner

Quiz 5

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