SSC CGL Tier-2 28th January 2022 Assistant Audit Officer

Instructions

For the following questions answer them individually

Question 1

Which of the following statements is INCORRECT in the context of accounting concepts?

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Question 2

Which of the following errors will reflect in the trial balance?

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Question 3

Which of the following is NOT a business transaction?

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Question 4

Which of the following accounts will typically have a debit balance in the trial balance?

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Question 5

Depreciation is not impacted on things like scissors, pencil and these are considered as a expenditure for the company. This statement is related to which accounting standard?

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Question 6

Which of the following costs is NOT included while calculating the cost of the inventory?

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Question 7

In case a Provision for Depreciation Account is NOT maintained, the correct journal entry for recording the amount of depreciation is:

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Question 8

Match the following.

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Question 9

Which of the following statements is true?

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Question 10

When an income is received in advance, the treatment in the Profit & Loss account and balance sheet, respectively, will be:

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