5 Questions
According to the business entity concept, what is the relationship between a business enterprise and its owners?
The owners are considered as accounting units separate from the business enterprise
Which of the following is the correct definition of a creditor?
A person who does not pay the price in cash for goods purchased or services received
How many questions are there in this question paper?
17
What is the time allowed for this evaluation?
90 minutes
How many marks are the questions numbered 13 to 15 carrying?
4 marks each
This Class XI Accountancy Evaluation-1 quiz is a comprehensive test designed to assess your understanding of key concepts in accountancy. The quiz consists of 17 compulsory questions, with answers expected to be brief and concise. It covers various topics, including questions with 1 mark each and longer responses ranging from 50 to 75 words. Prepare yourself for this 90-minute evaluation and gauge your knowledge in accountancy.
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