Theory Base of Accounting Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Theory Base of Accounting Class 11 MCQ with Answers Pdf free download. Theory Base of Accounting Class 11 MCQ  Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Theory Base of Accounting Class 11Questions with Answers to help students understand the concept very well.

Theory Base of Accounting Class 11 MCQ

1. When was Indian Accounting standard board formed?

2. _______ has been applied on accountants by accounting standard board, law or professional institutions.

3. ________ is a document that verifies the business transaction.

4. The existence of business is different from its ________.

5. Which concept denotes that the existence of business is separate from its owner?

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