Navodaya Vidyalaya PGT Commerce Solved Paper 2014

Navodaya Vidyalaya Samiti P.G.T. Exam of the year 2014 held on dated 1 June, 2014. We are giving 80 questions of Commerce of this exam with answers.

( See Questions No 1-40 )
41. According to ……….personal expenses paid by owner from his own pocket should
not be recorded in accounting-books.
(A) going Concern Concept (B) cost Concept
(C) business Entity Concept (D) conservatism (Ans : C)