1. Maternity leave duration in UAE?

2. A company’s loan to an employee is?

3. What category does bad debt recovered fall into?

4. What is the purpose of revaluing a fully depreciated asset?

5. Current portion of long-term debt is ?

6. Revenue should be recognized when?

7. Which of these is an operating expense?

8. Which assets are not shown directly on the B/S?

9. A debit to Accounts Receivable is when?

10. What is the other name for the Prudence Principle?

11. The nature of accumulated depreciation is?

12. Where is a firm’s net profit transferred?

13. Final step in O2C process?

14. TDS stands for Tax Deduction _____?

15. Which financial statement provides a snapshot of a company’s financial position at a specific point in time?

16. 3-way matching in P2P?

17. FIFO stands for?

18. Auditors assess a company's financial health based on?

19. Is an advance to suppliers of goods categorized as?

20. Discount Allowed’ refer to in accounting?

21. Pay during maternity leave in UAE?

22. Prepaid Income in accounting?

23. What does “deposits in transit” refer to?

24. Which of the following may be a contingent liability?

25. Final step in R2R?

26. What does PDC Discount mean?

27. What is the origin of accounts payable?

28. Aging report categorizes?

29. How is gratuity provision accounted for?

30. Main purpose of LC?

31. Which accounting concept relates to the recognition of obligations as liabilities?

32. Prepaid expenses are?

33. Which of the following is not an example of fixed assets?

34. GRN stand for in accounting?

35. Purpose of provision for expenses?

36. Which is a non-operating expense?

37. Purpose of the statement of cash flows?

38. When issuing a debit note to  A/P, what occurs?

39. Is the provision for leave salary in the UAE?

40. What future events trigger contingent liabilities?

41. Revaluation Surplus in accounting refer to?

42. Working capital increases with a rise in?

43. A debit to Accounts Payable is when?

44. What are capital goods?

45. OGS formula?

46. When the actual gratuity exceeds the provision?

47. Which financial statement reflects the loss on the sale of an asset?

48. What does working capital measure?

49. What ensures revenues match expenses?

50. Deferrals and accruals are based on?

51. Total liabilities exceed total assets?

52. Outstanding expenses are also called?

53. What is P2P?

54. Refundable deposits from customers belong?

55. Discount Received in accounting?

56. Which of the following is not an example of a fictitious asset in a company?

57. An expenditure that benefits only the current period is known as a?

58. What is a provision for gratuity?

59. What Are Capital Expenditures?

60. What does a cash budget primarily focus on?

61. If ₹5,400 is recorded as ₹4,500, what’s the error?

62. Owner’s Current Account in business?

63. What is the purpose of the audit trail?

64. formula for calculating the debt-to-equity ratio?

65. Allowance for Doubtful Accounts is also known as?

66. Which assumption suggests a business will continue for a foreseeable period?

67. What type of expenditure is revenue expenditure?

68. The main purpose of a balance sheet is to?

69. First step in P2P process?

70. Accounts receivable usually have a(n)?

71. What does the Consistency Concept ensure?

72. Which A/C is credited while selling our company’s machinery in cash?

73. R2R stand for in accounting?

74. What is the purpose of the trial balance in accounting?

75. Which concept treats a business as separate from its owners?

76. Who approves invoices in three-way matching?

77. Fixed assets are usually reported in the balance sheet on?

78. Paid electricity for our associated company is?

79. What’s O2C?

80. Accrual concept?

81. Buyer’s document for purchase return?

82. Q2C in accounting?

83. Which A/C is debited in the entry for depreciation?

84. Materiality Concept focuses on disclosing?

85. Treatment of current portion of long-term debt?