CMCS-Session 4: Exercise 4-C
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CMCS-Session 4: Exercise 4-C
Quiz
•
Professional Development
•
Professional Development
•
Practice Problem
•
Hard
Aldous Almasin
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5 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The AO shall maintain a consolidated cashbooks for all types of CA
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The AO shall record the transactions in the prescribed cashbook daily.
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The AO shall reconcile the book balance with the cash on hand semi-monthly.
True
False
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
He shall foot and close the books at the end of the year.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The AO and the Accountant shall reconcile their books of accounts at least quarterly.
True
False
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