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Accountancy - Accounting Principle

Accounting Principle


Hello readers. Having read the e-books, it is time to assess your knowledge. Now-a-days, most examinations are conducted on-line. So, answering the quiz will enhance your on-line experience and skill.

Having secured pass marks in the Quiz, you get a dVIDYA Certificate of Merit. As Bonus and appreciation of your effort, you also get a model set of Question & Answers, FREE of COST.

It is  Exciting, Challenging & Rewarding ! Just read on.

Level of Difficulty (LoD)  : Each Quiz set contains 9 quiz questions for a specific Level of Difficulty (LoD or simply referred as ‘Level’). Level 1 is simplest and level 4 is most difficult.

Marks for each Quiz Set : Each Quiz set, contains 9 Quiz Questions. The student has to select the right answer option (only one) out 4 answer options, carrying marks as per LoD :
-    Level 1 : Level 1 questions carry 1 marks each. 1 Bonus mark is given if no question is skipped (i.e no ‘x’ option). So, total marks for each level 1 quiz set = 9 x1 = 9 (correct answer) + 1 (Bonus) =10
-    Level 2 : Level 2 questions carry 2 marks each. 2 Bonus marks are given if no question is skipped (i.e no ‘x’ option). So, total marks for each level 2 quiz set = 9 x2 = 18 (correct answer) + 2 (Bonus) =20
-    Level 3 : Level 3 questions carry 3 marks each. 3 Bonus marks are given if no question is skipped (i.e no ‘x’ option). So, total marks for each level 3 quiz set = 9 x3 = 27 (correct answer) + 3 (Bonus) =30
-    Level 4 : Level 4 questions carry 4 marks each. 4 Bonus marks are given if no question is skipped (i.e no ‘x’ option). So, total marks for each level 3 quiz set = 9 x4 = 36 (correct answer) + 4 (Bonus) =40
Deduction for wrong answers : For wrong answers 50% marks will be deducted.
-         Level 1 : For each level 1 wrong answer - ½ mark will be deducted.
-         Level 2 : For each level 2 wrong answer – 1 mark will be deducted.
-         Level 3 : For each level 3 wrong answer - 1½ mark will be deducted.
-         Level 4 : For each level 4 wrong answer – 2 marks will be deducted.
So. Total marks for 1 set of Quiz for each chapter is 10+20+30+40 =100. Marks would be deducted for wrong answers. Pass Marks =60 (out of maximum marks of 100) for all the Quiz Tests of a subject.

Writing of Answers : You have to write answers for all the Quiz sets of a subject in a specific Format, as described next. You must write answers in sequence of Level of Difficulty, in sequence of Quiz Sets. For example, you should answer the level 1 of the first chapter, then level 2, level 3 & level 4. You should proceed to next chapter, only after writing answers of all the levels of the previous chapters. It is important that you answer the quiz sets as per chapter sequence and the 4 levels under each chapter. You may write answers at any time, as per your convenience.

dVIDYA Certificate of Merit: Having secured at least 60% marks after answering all the quiz sets of a subject, you become entitled to be awarded with dVIDYA Certificate of Merit. Write us for dVIDYA Certificate of Merit. We will also send you Model Set of Question & Answer. The Certificate of Merit & link to Model Question & Answer, in PDF file format, would be sent you by email.

Format of Answer : Each Question set bear a unique Question Set ID. Each Question set contain 9 quiz questions (numbered 1 to 9)
Write the answer in following format and mail to std@etallyguru.com, in following format :

#Name#Mobile Number#PINCODE#Question set ID#Answer String

Example :
#Arup Kumar Biswas#9876543210#719762# CONT-OFA-1-01#1a2b3c4x5d6d7c8b9a

There should be no space in the answer / answer string. You may even write the answers of several Quiz Sets in one mail also.

Format of Answer String : In the answer string, write the question number and the correct option (a, b, c or d, in lower case only). To skip answering any question, write x at the answer option (e.g 4x means you do know the answer of Quiz Number 4). The total length of answer string would be 18 letters. You must write the answer in sequence of question number 1 to 9 , without leaving any question number. If you do not write answer to any question, write x against the question as answer.

Example 
1a2b3c4x5d6d7c8b9a 


                                           Subject : Accounting Principles (ACPR)


Chapter Code
Chapter Name
Level
Quiz Set ID
MSA
Meaning & Scope of Accounting
1
MSA
Meaning & Scope of Accounting
1
MSA
Meaning & Scope of Accounting
1
MSA
Meaning & Scope of Accounting
2
MSA
Meaning & Scope of Accounting
2
ACPR- MSA-2-02
MSA
Meaning & Scope of Accounting
3
ACPR- MSA-3-01
APC
Accounting Concepts Principles & Conventions
1
APC
Accounting Concepts Principles & Conventions
1
ACPR- APC-1-02
APC
Accounting Concepts Principles & Conventions
2
APC
Accounting Concepts Principles & Conventions
2
APC
Accounting Concepts Principles & Conventions
2
APC
Accounting Concepts Principles & Conventions
2
ACPR- APC-2-04
APC
Accounting Concepts Principles & Conventions
3
ACPR- APC-3-01
CAR
Capital & Revenue Receipt and Expenditure
1
CAR
Capital & Revenue Receipt and Expenditure
2
CAR
Capital & Revenue Receipt and Expenditure
2
ACPR- CAR-2-02
CAR
Capital & Revenue Receipt and Expenditure
3
ACPR- CAR-3-01
CAR
Capital & Revenue Receipt and Expenditure
4
ACPR- CAR-4-01
ACP
Accounting Policies
1
ACP
Accounting Policies
2
ACPR- ACP-2-01
ACP
Accounting Policies
3
ACPR- ACP-3-01
ACP
Accounting Policies
4
ACPR- ACP-4-01