The period of account used for financial purposes is known as:

Related MCQs

• Money placed in an account at a financial institution and constituting a claim on it is known as
• The profits retained in the business and set aside for specified purposes are known as
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
• The account with a bank or other financial institution in which deposits earn interest and withdraws from which require notice is referred to as:
• A loan facility on the customer’s current account at a bank permitting him to withdraw up to a certain agreed limit for an agreed period, is referred to as:
• For hannelizing the unaccounted money for productive purposes the Government Introduced the scheme of :
• Underground economic activity that is not declared for taxation purposes is called
• A bank loan made without collateral security to a private customer for specific purposes is called:
• Arranging one’s financial affairs within the law so as to minimize taxation liabilities is known as
• An association of individuals or corporations formed to conduct a specific financial transaction such as buying a business is known as: