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Question Bank of IGNOU |
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Re: question bank of ignou
The previous year question paper for PC0-01: Preparatory Course in Commerce under Bachelor's Preparatory Programme (B.P.P.) offered by IGNOU (Indira Gandhi National Open University) is as follows: 1. The basic function of Financial Accounting is to (1) find out net profit (2) find out gross profit (3) record all financial transactions in business (4) assist the management in decision-making 2. Which note is sent to the customer when he returns the goods ? (1) Credit note (2) Promissory note (3) Debit note (4) Cheque 3. A person who draws a bill of exchange is known as (1) Drawee (2) Endorser (3) Drawer (4) Payee 4. The balance of Cash Book is (1) an asset (3) an expense 5. Profit and Loss Account shows the (1) Net profit/Net loss (2) Gross profit only (3) Total of expenses only (4) Total of incomes only 6. Rent Outstanding Account is (1) Nominal A/c (2) Representative Personal A/c (3) Real A/c (4) Both Real and Nominal A/c (2) an income (4) a liability Question paper PC0-01: Preparatory Course in Commerce under B.P.P. IGNOU |
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