McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2026
→
Bachelor of Commerce (B Com)
→
Special Accounting
→
Banks are required to prepare final acco...
Q.
Banks are required to prepare final accounts for each ……….. year
A.
Financial
B.
Calendar
C.
Previous
D.
None of these
Answer» A. Financial
1.3k
0
Do you find this helpful?
6
View all MCQs in
Special Accounting
Discussion
ZP
Zara Padmanabhan
4 months ago
What is the purpose of preparing final accounts for each financial year?
1
Login to comment
Related MCQs
A banking company required to prepare final accounts according to …………………schedule of the Banking Regulation Act
A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.
A …………. Company required to prepare its balance sheet according To form A in the III schedule of the Banking Regulation Act
A banking company required to prepare its ……………. According to Form B in the III schedule of the Banking Regulations Act
Banks are required to transfer …………………. Of their profit to a statutory reserve
The account prepared to find out the stock as on the date of fire is known as ……………………………… trading accounts.
Banks shown provision for income tax under the head ……………….
Assets which does not carry more than normal risk attach to business and no provision in required to be made against such assets are called