MCQsLoader

According to which concept business is treated as a unit apart from owner:

(A) Entity concept
(B) Divider concept
(C) Landlord concept
(D) Dual concept

Answer: (A) Entity concept

(A) Sahara Desert
(B) Arctic Desert
(C) Gobi Desert
(D) Arabian Desert

Answer: (B) Arctic Desert
The second largest desert of the world is Arctic desert. The type of Arctic desert is Polar ice and tundra.

(A) Fiscal policy
(B) Budget
(C) Monetary policy
(D) Finance policy

Answer: (A) Fiscal policy
Government taxing and spending policy is called fiscal policy.

(A) annual certificate
(B) report
(C) income and expenses
(D) profit or loss

Answer: (B) report
The outcome of an audit is a report.

Identify the type of tense:

(A) Present continuous tense
(B) Future perfect tense
(C) Present simple tense
(D) Future continuous tense

Answer: (B) Future perfect tense