Name of the Board : Bihar School Examination Board
Name of the Exam : Senior Secondary( XITH) EXAM
Subject : Accountancy
Document Type : Model Question Paper
Website : biharboard.bih.nic.in
Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/biharboard.bih.nic.in/6973-MQS-Commerce-XIth.pdf
Accountancy Model Question Paper :
Time : 3 Hrs. + 15 Minute (Extra)
General Instructions :
1. All Questions are compulsory
2. There is No negative marking for any wrong answer.
Related : Bihar School Examination Board XII Economics Model Question Paper : www.pdfquestion.in/6040.html
3. Questions are in two sections :
SECTION-I – Objective – Total Marks: 40 (Total No. of Questions) : 35
SECTION-II – Non-Objective -Total Marks : 60
4. There are internal options is some of the long answer type questions. In such questions you have to answer any one of the alternative.
5. Answer should be in your own language.
6. No electronic gadgets like calculator, call phone, pager are allowed during exam.
7. The answer of objective type question is to be given on supplied OMR sheet by completely darking the appropriate answer option. For exmple if answer is (c) the you should fill it as shown by blue/black pen.
MODEL SET—I :
SECTION–I :
(OBJETIVE QUESTIONS)
Instruction : Q. No. 1 to 25 : In the following questions there are only one correct answer.
You have to choose that correct answer.
ER relationship can be made :
(a) one to one (b) one to many (c) many to many (d) all of above.
Main functions of Accounting Information system are :
(a) Datacollection (b) Data Storage
(c) Document Preparation (d) All of above
Following are the features of Accounting Information system :
(a) Objective (b) Structure (c) Procedure (d) All of above
Advantages of computerized Accounting are :
(a) Timely Reporting (b) Secured (c) More cost (d) less paper work
Excess of Assets over Liabilities is called :
(a) Creditors (b) Profit (c) Capital (d) Goodwill
One who draws the bill is called :
(a) Drawer (b) Drawce (c) Payee (d) Bank
According to Single Eintry system, drawings is udded at the time of calculating profit to :
(a) Closing capital (b) Opening capital
(c) Not in any capital (d) None of these
For the test of mathematical accurancy of Ledger we make :
(a) Profit & loss A/c (b) Balance sheet (c) Trial Balance (d) All of above
Errors disclosed by Trial Balance are :
(a) error of addition or subtraction (b) Entering wrong amount
(c) Omission of the posting of any entry (d) All of above
Bank Reconcilliation statement is prepared by :
(a) Businessman (b) By Bank (c) By customer (d) None of above
Head Cashier advances a certainamount to petty cashier for petty expenses in the beginning of a month, is called
(a) Cash (b) Imprest Amount (c) Petty Cash Book (d) Cheque
Which journalizing Goods are known as :
(a) Purchases and sales (b) Stock
(b) Purchase Return & Sales Return (d) All of above
Accounting period concept means :
(a) Duration of 12 months
(b) Duration of Accounting works
(c) Duration of Business
(b) All of above
Accounting standard Board was established in :
(a) 1971 (b) 1999 (c) 1977 (d) 1980
Full form of GAAP :
(a) General Advanced Accounting Principle
(b) Generally Accepted Accounting Principle
(c) Generally Accepted Advanced Principle
(d) None of these
From Trading Account we get :
(a) Gross Profit/loss (b) Net Profit/loss (c) Financial Position (d) All of above
Drawings is ………….. to Capital :
(a) Added (b) Subtracted (c) Not do anything (d) All
Desentures are :
(a) Fixed Liabilities (b) Current Liabilities (c) Assets (d) Working Capital
Working Capital = ……….
(a) Current Liabilities — Current Assets
(b) Current Assets — Current Liabilites
(c) Current Assets — Fixed Assets
(d) Fixed Liabilities — Fixed Assets
Those Liabilities which are not Liabilities at present but after some special incident, they may become liabilities are called
(a) Fixed liabilities (b) Current liabilities
(c) Contigent liabilities (d) None of these
Cross Profit = Sales – ?
(a) Net profit (b) Purchases (c) Cost of Goods sold (d) Creditors
When opening stock is transferred to Trading Account then :
(a) Trading A/c is credified (b) Opening Stock is credifed
(c) Both (d) None of these
Advertisement Expresses are :
(a) Capital Expenditure (b) Revenue Expenditure
(c) Deterred Revenue Expenditure (d) None of above
Capital ntroduced by the owner is :
(a) Revenue Receipts (b) Capital Receipts (c) Profit (d) Loss
Commission in cross profit can be calculated by :
(a) Cross Profit × Rate/100 (b) Net Profit × Rate/100
(c) Gross Profit × Rate/100 + rate (d) Cross Profit × Rate/100 – rate