CA Foundation Exam Prep
Breach of Contract and Its Remedies – MCQs Q1. What is a breach of contract?A. Violation of criminal lawB. Violation of a promise under a contractC. Making a new contractD. Performing the contract early Answer: B. Violation of a promise under a contract Q2. Which of the following is a remedy for breach of contract?A. ImprisonmentB. […]
Subsidiary Books – MCQs Q1. Which of the following is not a subsidiary book?A. Purchase BookB. Sales BookC. Journal ProperD. Trial Balance Answer: D. Trial Balance Q2. Cash Book is a type of:A. LedgerB. Subsidiary BookC. Journal ProperD. Memorandum Book Answer: B. Subsidiary Book Q3. The purchase return book is used to record:A. All purchasesB. […]
Public finance – MCQs with answers 1. Which of the following is a union tax? a. Corporation taxb. Taxes on agricultural incomec. Capitation taxesd. Land revenues ANSWER: a. Corporation tax 2. Which of the following is not a union tax? a. Taxes on railway freights and faresb. Stamp duties on financial documentsc. Tollsd. A and […]