Q30: Which statement best explains Accrued income? | UPSC EPFO APFC 2026

MNS 2026 Update

🔔 MNS Shortlist 2026 Released — Download MNS Shortlisting List PDF Military Nursing Service Shortlisted Candidates List 2026 Available Now Check MNS CBT Exam 2026 Shortlisting Update Download MNS Shortlist PDF 2026 Now

Download MNS Shortlist PDF 2026

SEO MCQ Question Page

Which statement best explains Accrued income?

Practice this MCQ with options, instant answer checking, explanation, exam-wise filters, next/previous navigation and shareable result image.

Question ID #25888

Which statement best explains Accrued income?

Correct Answer: A. Income earned but not yet received

Question: Which statement best explains Accrued income?

A. Income earned but not yet received

B. Asset expected to be realized, sold or consumed within the operating cycle or specified short period

C. Obligation expected to be settled within the operating cycle or specified short period

D. Statement reconciling differences between bank balance per books and bank statement

Correct Answer: A. Income earned but not yet received

← Previous Question Next Question →

Which statement best explains Accrued income? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: A. Income earned but not yet received