Co-operative Management and Administration MCQ

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Co-operative Management and Administration MCQ

91. In the case of a society with unlimited liability, property statement of members showing the
assets and liabilities of each individual member on the date of his admission with full details of the property including the survey number of the lands, is kept in ………………………..

92. Every co-operative society shall maintain accounts and book for the purpose of recording
business transactions by it and close them every year on …………………

93. Every balance sheet of a co-operative society shall give …………………… view of the state
of affairs of the society as at the end of the Co-operative year.

94. Every Co-operative society shall submit to the …………………..annually within April each
year a copy of each of the statements specified in the act.

95. A statement which contains a classified summary or list of all closing balances of the General
Ledger is known as the ………………….

96. If the totals of two sides of trial balances agree, normally it signifies the ………………. of the
accounts.

97. The odd one out in the following is…………………….

98. The odd one out in the following is…………………….

99. ……………..is not shown in Manufacturing Account.

100. Cost of goods purchased, Net sale proceeds, Value of closing stock are shown
in……………….