CBSE Accountancy Class 11 MCQ Questions by Chapter (PDF with Answers)
Chapter wise MCQs for Accountancy Class 11 are essential for mastering core accountancy concepts and exam patterns. These MCQs prepare students thoroughly for CBSE board exams, school assessments, and competitive tests. Practising topic-wise questions with answers and clear explanations builds confidence, sharpens understanding, and helps achieve higher marks in both theory and practical exams.
| Chapter | MCQ Focus Areas | PDF Download/Practice Link |
|---|---|---|
| 1. Introduction to Accounting | Basic concepts, objectives, functions | Download/Practise |
| 2. Theory Base of Accounting | Principles, conventions, assumptions | Download/Practise |
| 3. Recording of Transactions - I & II | Journal, ledger, cash book | Download/Practise |
| 4. Bank Reconciliation Statement | BRS format, reasons for difference | Download/Practise |
| 5. Trial Balance and Rectification of Errors | Error types, trial balance rules | Download/Practise |
| 6. Depreciation, Provisions & Reserves | Depreciation methods, provision vs reserve | Download/Practise |
| 7. Bills of Exchange | Meaning, accounting treatment, dishonour | Download/Practise |
| 8. Financial Statements | Trading account, profit & loss, final accounts | Download/Practise |
| 9. Computerised Accounting System | Features, advantages, DBMS | Download/Practise |
| 10. Structuring Database for Accounting | Entity, tables, primary keys | Download/Practise |
Chapter Wise MCQs for Accountancy Class 11
Chapter wise MCQs for Accountancy Class 11 cover all important topics as per the latest CBSE syllabus and NCERT guidelines. These MCQs help students prepare for each chapter, understand question formats, and assess their knowledge effectively. At Vedantu, we provide detailed answer keys and explanations to ensure conceptual clarity for all students.
Sample MCQs with Answers
-
Which of the following is considered a real account?
(a) Cash
(b) Outstanding Salary
(c) Capital
(d) Commission Received
Answer: (a) Cash. Real accounts relate to assets and properties of the business. -
The process of recording transactions in the journal is called:
(a) Posting
(b) Journalizing
(c) Balancing
(d) Casting
Answer: (b) Journalizing. Journalizing is the process of recording entries in the journal. -
Which method records depreciation as a constant annual amount?
(a) Written Down Value Method
(b) Revaluation Method
(c) Straight Line Method
(d) Production Unit Method
Answer: (c) Straight Line Method. This method deducts depreciation equally each year.
How to Use Chapter Wise Accountancy MCQs for Exam Success
Practising Accountancy Class 11 MCQs chapter wise builds exam confidence. It lets students target weak areas, revise efficiently, and become familiar with various MCQ patterns. MCQ practice boosts both speed and accuracy, which is vital for scoring high in CBSE board and school assessments.
Tips for Solving Accountancy MCQs
- Read the question carefully—look for tricky language or exceptions.
- Eliminate clearly wrong options first.
- Revise key terms such as “provision,” “reserve,” and “trial balance.”
- Practice MCQs from each chapter using reliable answer keys.
- Use PDFs and online quizzes for repeated practice.
PDF Download and Online Practice for Accountancy MCQs
Students should use chapter-wise MCQ PDFs and online test resources for regular practice. Download the PDF for offline revision anytime, or take online tests to simulate real exam environments. Vedantu provides free and structured MCQ practice for all key chapters. Start with Chapter 1 or try full set DK Goel Accountancy MCQs.
Important Topics Frequently Asked in Accountancy Class 11 MCQs
- Basic Accounting Terms
- Bank Reconciliation and Errors
- Depreciation Methods (see all types)
- Provision and Reserve (concept & MCQs)
- Final Accounts Structure
- Ledger Posting
- Computerised Accounting Systems
Interlinking to Deepen Understanding
- Learn how to distinguish between provision and reserve for tougher MCQs.
- Read more about rectification of errors to avoid confusion in error-based questions.
- Master the trial balance format to tackle practical MCQs with ease.
- Reinforce practical understanding with the accounting equation.
- Review ledger accounts for comprehensive ledger MCQs.
In summary, chapter wise MCQs for Accountancy Class 11 help students prepare efficiently by focussing on the latest CBSE syllabus, building clarity, and increasing exam readiness. Regular practice of these MCQs, along with reliable answer keys and detailed explanations from Vedantu, leads to better scores and lasting conceptual understanding.
FAQs on Accountancy Class 11 Chapter Wise MCQs: Practice with Answers & Explanations
1. What is the format of MCQs in Accountancy Class 11?
Class 11 Accountancy MCQs typically test understanding of key concepts and application of accounting principles. Questions often involve analyzing scenarios, interpreting data, and applying formulas. The format usually includes a question stem followed by multiple-choice answers, with only one correct option. Expect questions covering topics like basic accounting terms, bank reconciliation, depreciation, and provisions and reserves.
2. How to prepare for Accountancy MCQs for CBSE Board?
Effective preparation for CBSE Accountancy MCQs involves a multi-pronged approach. Begin by thoroughly understanding core concepts from the NCERT textbook. Practice chapter-wise MCQs, focusing on areas like journal entries, ledger accounts, trial balance, and final accounts. Utilise resources like TS Grewal or DK Goel solutions for in-depth understanding and solved examples. Regular online quizzes and mock tests will refine your speed and accuracy. Remember to review accounting equation, methods of depreciation, and rectification of errors.
3. Are MCQs important in class 11 Accountancy?
Yes, MCQs are a crucial part of Class 11 Accountancy assessments. They evaluate your understanding of fundamental concepts and ability to apply them quickly and efficiently. Regular MCQ practice helps you improve time management, identify knowledge gaps, and build exam confidence. High marks in MCQs contribute significantly to overall performance in board exams.
4. Where to download Class 11 Accountancy MCQs with answers?
Numerous online resources provide Class 11 Accountancy MCQs with answers. Reputable educational websites and platforms often offer chapter-wise practice sets and downloadable PDFs. Look for resources aligned with the CBSE syllabus to ensure the questions reflect the exam pattern. Always verify the accuracy of answer keys before relying on them for revision.
5. What types of MCQ questions are asked in Accountancy Class 11 Chapter 1?
Chapter 1 MCQs typically focus on foundational concepts like basic accounting terms, accounting principles, and the accounting equation. Expect questions related to journal entries, transactions, and simple accounting procedures. Understanding these basics is key to progressing to more advanced topics later in the course. Use online resources and textbooks to strengthen your grasp of this introductory chapter.
6. How do MCQs help in scoring better in board exams?
MCQs are a valuable tool for improving board exam scores. Regular practice builds speed and accuracy in applying accounting principles. They highlight knowledge gaps allowing for targeted revision. By working through numerous MCQs, you improve time management during the exam, reducing exam-related stress. MCQs are frequently used in board exams, therefore, mastering them improves your overall exam result.
7. Are Class 11 Accountancy MCQ tests available online for free?
Yes, many websites and educational platforms offer free Class 11 Accountancy MCQ tests online. However, ensure that the source is reliable and the questions align with the CBSE syllabus. Free resources can be a great supplement to your studies but should be used in conjunction with your textbook and class notes. The availability of free tests can vary.
8. Which topics are covered in chapter wise Accountancy MCQs?
Chapter-wise Accountancy MCQs cover the entire syllabus, with each set of questions focusing on a specific chapter. Typical topics include basic accounting terms, journal entries, ledger accounts, trial balance, bank reconciliation, provisions and reserves, depreciation, rectification of errors, and final accounts. The specific topics included will depend on your course's syllabus.
9. What are the most common misconceptions in Accountancy MCQ solving?
Common misconceptions include rushing through questions without careful reading, misinterpreting the question stem, overlooking key details in scenarios, and making assumptions. Students may also struggle with distinguishing between similar accounting concepts or applying formulas correctly. Thorough preparation, practice, and careful review of answers are crucial to avoid these errors.
10. How can MCQ practice deepen conceptual clarity beyond rote memorization?
MCQ practice goes beyond rote learning by forcing you to apply concepts in different contexts. Analyzing multiple-choice options helps you understand why some answers are incorrect, strengthening your grasp of the underlying principles. Regular practice with varied question types builds a deeper, more nuanced understanding of the subject matter, improving overall conceptual clarity.
