MCQ Questions Class 11 Bank Reconciliation Statement With Answers

CBSE Class 11 Bank Reconciliation Statement Multiple Choice Questions with Answers. MCQ Questions Class 11 Bank Reconciliation Statement with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Bank Reconciliation Statement with Answers to know their preparation level.

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MCQ Questions Class 11 Bank Reconciliation Statement with Answers - Set - 2

Question 1:

The cheque which is issued to creditor but is not presented for payment is called?
(a) Uncredited cheque
(b) Outstanding cheque
(c) Omitted cheque
(d) Dishonored cheque

Check Answer

Correct Answer – (B)

Question 2:

The outstanding check is the missing entry of?
(a) Cash book
(b) Passbook
(c) both
(d) None

Check Answer

Correct Answer – (B)

Question 3:

The main function of a commercial bank is to?
(a) Barrow and lend money
(b) Only barrow money
(c) Only lend money
(d) None of theses

Check Answer

Correct Answer – (A)

Question 4:

Credit balance in bank pass book means?
(a) Bank overdraft
(b) Bank balance
(c) Balance as per cash book
(d) None

Check Answer

Correct Answer – (B)

Question 5:

A bank reconciliation statement is prepared by?
(a) Internal auditor
(b) Business accountant
(c) Businessman
(d) All of These

Check Answer

Correct Answer – (D)

MCQ Questions Class 11 Bank Reconciliation Statement With Answers

Question 6:

Directly collections of bank are to be ___________ in cash book?
(a) Dr
(b) Cr
(c) both
(d) None

Check Answer

Correct Answer – (A)

Question 7:

When a cheque is returned by the bank showing some technical reason is known as?
(a) Honor of the cheque
(b) Balance of account
(c) Dishonor of the cheque
(d) None of these

Check Answer

Correct Answer – (C)

Question 8:

A check that bears a date latter than date of issue is called?
(a) Anti dated check
(b) Post-dated check
(c) Dishonored check
(d) Outdated check

Check Answer

Correct Answer – (B)

Question 9:

Which of the following items is not a reason for difference between bank balance as per cash book and pass book?
(a) Dishonored check
(b) Cheques deposited but not yet cleared
(c) Credit sales
(d) Cheques issued but not yet presented for payment

Check Answer

Correct Answer – (C)

Question 10:

Farkhanda Jabeen Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?
(a) As an uncredited deposits added to the bank statement balance

(b) As an uncredited deposits deducted from the bank statement balance

(c) As an Unpresented check added to the bank statement balance
(d) As an Unpresented check deducted from the bank statement balance

Check Answer