Download App

Model Paper 2 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountModel Paper 21 Mark
MCQ
Features of reserves are:
  • A
    It is created out of divisible profits
  • B
    Their creation is voluntary
  • ✓
    All of these
  • D
    They are available for distribution as dividends
✓

Answer

Correct option: C.
All of these
C
All of these
Explanation:
All of these

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Model Paper 2→Model Paper 2 — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Outstanding Income Account is ______.
→
A bank reconciliation statement is prepared to find out the causes of the difference between:
→
Purchase of furniture on credit means:
→
A bank reconciliation statement is:
→
Management accounting involves _____________.
→
Income tax paid is debited to__________.
→
Sold goods worth list price of ₹ 8,000 at 10% trade discount and 2% cash discount. 25% received at the time of transaction only. The amount posted to discount account will be:
→
Bill at sight has a grace period of:
→
Assets (except Securities) may be valued under Ind-AS on.
→
Which of the following error is an error of principle?
→