JAIIB AFM Important Questions Module A MCQs

JAIIB AFM Important Questions Module A MCQs: JAIIB stands for Junior Associate of the Indian Institute of Bankers, one of the flagships. It is a survey conducted twice a year by IIBF (Indian Institute of Banking and Finance). The main objective of the JAIIB exam is to provide IIBF members with the advanced knowledge needed to make better decisions, including risk management, asset management, credit management, international banking, balance sheet management, financial analysis, etc. For banking professionals, we have provided JAIIB AFM MCQs 2025 Module A Questions.

JAIIB AFM MCQs 2025

JAIIB AFM MCQs 2025 Module A Questions

JAIIB AFM MCQs 2025 Module A Questions

Q1. Which of the following is/are the objectives of Accounting

Q2. According to the definitions of accounting given by the Committee on Terminology set up by the American Institute of Certified Public Accountants, what are the three key activities involved in accounting?

Q3. __________ is a fundamental principle of accounting that is based on the idea that the busine4ss or organization is separate from its owners or stakeholders.

Q4. A _________ is a book or electronic register that contains a complete record of all financial transactions of a company or organization. It serves as the principal accounting record that contains individual accounts for each asset, liability, equity, revenue and expense.

Q5. Which of the following Accounting Standards is related to Cash Flow Statement?

Q6. Which of the following principles of accounting states that there should be uniformity in the accounting processes and policies?

Q7. Which of the following principles of accounting states that the entity remains in operation sufficiently long to carry out its objects and plans?

Q8. Which of the following principles states that Capital contributed by the owner is liability for business?

Q9. Due to which concept, accounting does not record non-financial transactions?

Q10. Amount withdrawn by proprietor in business should be credited to _________.

Q11. Which accounting principle states that Every transaction has double effect, one is debit and another one is credit?

Q12. The accounting treatment for property, Plant & Equipment's (PPE) comes under ______________

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