Paper 5: Financial Accounting MCQs | Set 4 | CMA Intermediate

Paper: 5 Financial Accounting Match and pair

Highest Relative Capital Method.	Piecemeal Distribution.
Basis of Apportionment of Expenses.	Departmental Accounts.
Partial Repossession.	Hire Purchase.
Indemnity Period.	Insurance Claim.
Revenue Recognition.	AS-9.
Receipt and Payment A/c.	Not-for-Profit Organization.
Revaluation model of asset.	AS-10.
Proforma Invoice.	Consignment.
Stage of Completion Method.	AS-7.
Partial Repossession.	Hire Purchase.
Dead Rent.	Royalty.
Marshalling.	Liquidity Order.
Protesting.	Bills Receivable.
Account Sales.	Consignment.
Substance over form.	Accounting Policies.
Noting Charges.	Bill of Exchange.
Stock and Debtors Method.	Branch Accounts.
Work certified.	Construction Contract.
Average clause.	Insurance Claims.
Maximum Loss Method.	Piecemeal Distribution.
Garner vs. Murray case.	Insolvency of a partner.
Repossession of goods.	Hire Vendor.
Provision for unrealized profit.	Inter-departmental transfer at invoice price.
Property, Plant and Equipment.	AS-10.
Automatic Financial Statements.	Computerized Accounting System.

List of accounting standard

AS 1	Disclosure of Accounting Policies
AS 2	Valuation of Inventories
AS 3	Cash Flow Statement
AS 4	Contingencies & Events occurring after Balance Sheet date
AS 5	Net profit or Loss for the Period, Prior period items & changes in accounting policies
AS 6	Depreciation Accounting
AS 7	Accounting for Construction Contracts
AS 8	Accounting for Research & Development
AS 9	Revenue Recognition
AS 10	Accounting for Fixed Assets
AS11	Accounting for effects in changes in Foreign Exchange Rates
AS 12	Accounting for Government Grants
AS 13	Accounting for Investments
AS 14	Accounting for Amalgamations
AS 15	Accounting for Retirement benefits in the Financial Statements of employers
AS 16	Borrowing Cost
AS 17	Segment Reporting
AS 18	Related Party Disclosure
AS 19	Leases
AS 20	Earnings Per Share
AS 21	Consolidated Financial Statements
AS 22	Accounting for taxes on income
AS 23	Accounting for Investments in Associates in consolidated financial statements
AS 24	Discontinuing Operations
AS 25	Interim Financial Reporting
AS 26	Intangible Assets
AS 27	Financial Reporting of Interests in Joint Ventures
AS 28	Impairment of Assets
AS 29	Provisions, Contingent Liabilities and Contingent assets

Paper 5: Financial Accounting MCQs | Set 4 | CMA Intermediate | Match and Pair