Chapter 2: Theory Base of Accounting
Part A: Financial Accounting – I — Chapter 2: Theory Base of Accounting
CBSE Class 11 — Subject: Accountancy — CBSE Board Examinations
Content Bank (Chapter 2)
- Fundamental accounting assumptions: Going Concern, Consistency, Accrual
- Accounting principles & concepts: Business Entity, Money Measurement, Dual Aspect
- Accounting Standards (AS) and Indian Accounting Standards (Ind AS)
- Key features of Goods and Services Tax (GST): Input tax credit, output tax, tax invoice
Highlight: These MCQs are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 11 board exams standard.
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