SOME SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF
THOSE 200 QUESTIONS
1Multiple Choice Question 107
A bank statement
is a bill from the bank for services rendered.
is a credit reference letter written by the depositor’s bank.
shows the activity which increased or decreased the depositor’s
account balance.
lets a depositor know the financial position of the bank as of a certain
date.
2IFRS Multiple Choice Question 233
The principles of internal control activities are used in the
internationally but not in the U.S.
in the U.S. and Canada but not globally.
globally.
U.S.but not globally.
3Multiple Choice Question 71
Postage stamps on hand are considered to be
cash.