All questions
- All receipts from sale of consumable items are treated as (b) Revenue Receipts 2
- In case specific fund is maintained, the expenses exceeding the amount of the fluids, should be recorded on: (b) Debit side the Income and Expenditure Account 2
- In the Income and Expenditure Account all revenue receipts are entered on: (c) Right-hand side 2
- In Income and Expenditure A/c all revenue expenses are entered on: (b) Left-hand side 2
- The task of preparing Income and Expenditure A/c and the Balance Sheet commences after the preparation of the: (d) Cash A/c option d is correct 1
- In Receipts and Payments A/c, cash in hand or at the bank is put on: (a) Credit side (b) Left-hand (b) Left-hand side 2
- No cash transaction will be excluded from: (a) Balance Sheet (b) Profit & Loss A/c (c) Receipts and Payments 2
- If the credit side of Receipts and Payments A/c exceeds the debit side, the balance represents: (c) Bank overdraft 2
- Cash received by converting an asset into cash is reflected in: (b) Receipts and Payments A/c 2
- Subscription outstanding for the year 2018-19 is Rs.2500. Answer: (C) Rs. 2,500 The Income and Expenditure Account is made on the accrual basis, so it shows only the income that belongs to the curre... 1
- Entrance fees received amounted to Rs.50,000. In this 25% is to be capitalized. Mention the amount to be shown D. 37,500 correct option is D 2
- If 10% Interest on Investment appearing in the Receipts side is B. 70,000 option b is corect 2
- The Main purpose of Not-for- Profit organisation is B. to serve the society 2
- If Income is Rs.16,000 and deficit debited to Capital Fund is Rs.4,300 then Expenditure is: C. 20,300 option c is correct 2
- Which of the following is prepared to find out the income of a trading concern? C. Profit and Loss a/c 2
- Which of these are selection statements in Java? a) break b) continue c) for() d) if() Answer: d Explanation: Continue and break are jump statements, and for is a looping statement. 1
- What will be the output of the following Java program? Answer: c c) 256 0 2
- Which of the following is a type of polymorphism in Java Programming? Answer: b Explanation: There are two types of polymorphism in Java. Compile time polymorphism (overloading) and runtime polymorphism (overri... 1
- What will be the error in the following Java code? byte b = 50; b = b * 50; a) b cannot contain value 50 Answer: d Explanation: While evaluating an expression containing int, bytes or shorts, the whole expression is converted to int then evaluat... 1
- What will be the output of the following Java program? Answer: a Explanation: Second print statement doesn’t have access to y , scope y was limited to the block defined after initialization of x. 1
- What is not the use of “this” keyword in Java? Answer: b Explanation: “this” is an important keyword in java. It helps to distinguish between local variable and variables passed in the me... 1
- Which of the following is not an OOPS concept in Java? a) Polymorphism b) Inheritance c) Compilation d) Encapsulation Answer: c Explanation: There are 4 OOPS concepts in Java. Inheritance, Encapsulation, Polymorphism and Abstraction. 1
- What will be the output of the following Java program? a) NaN b) Infinity c) 0.0 d) all of the mentioned Answer: d Explanation: For floating point literals, we have constant value to represent (10/0.0) infinity either positive or negative and al... 1
- Which environment variable is used to set the java path? a) MAVEN_Path b) JavaPATH c) JAVA d) JAVA_HOME Answer: d Explanation: JAVA_HOME is used to store a path to the java installation. The environment variable that is commonly used to set the... 2