A. Required rate of return
B. All of the above
C. Nominal interest rate
A. 117%
B. 95%
D. 120%
A. estimation of profit.
C. estimation of units.
D. estimation of cost.
A. Creditor
B. Defaulter
D. Offender
A. In writing
B. Unconditional
D. Certainty of amount
B. Target costs
C. Sunk costs
D. Relevant costs
A. Credit balance of cash book
C. Adjusted balance of cash book
D. Bank overdraft
B. Netted from Capital
C. Liability side
D. Profit & Loss A/c
A. Intangible assets
B. Deferred revenue expenditure
C. Current assets
A. Current Assets& current liabilities
D. Fixed Assets
A. Franchise
C. Secret Profit
D. Trade mark
A. An Asset in the Balance Sheet
B. A Liability
C. By adjusting it in the P & L A/c
A. Liability
B. Securitization
D. Loan Payment
A. works on cost.
B. selling overhead.
C. distribution overhead.
A. During the course of accounting period any time
B. After certification of accounts
C. At the time of opening new books of account
A. Adding 2,200 to closing stock
B. Deducting 1,800 from closing stock and deducting 2,200 each from debtors and sales
D. Deducting 1,800 from debtors
B. Bank balance
C. Bank underdraft
D. Cash at bank
A. 2001
B. 1871
D. 1981
A. Replacement cost Accumulated Depreciation
C. Historical cost Salvage Value
D. Original cost adjusted for general price-level changes
B. 2
C. 5
D. 4
B. 35
C. 38.25
D. 37.5
A. cost of goods sold
C. carriage on sales
D. Return outwords
A. Unadjusted
C. Overstated
D. Understated
A. Routine repair and maintenance
C. Misuse
D. Wear and tear
A. 1.5
B. 5.29
D. 0.35
A. Provision for Doubtful Debt Account
B. Debtors Account
C. Profit and Loss Account
A. Gross Profit Opening Stock + Direct expenses + Purchases +Closing stock = Sales
B. Gross Profit+ Sales+ Direct expenses+ Purchases- Closing stock = Opening Stock
C. Gross Profit+ Sales+ Direct expenses+ Purchases+ Closing stock = Opening stock
A. General Partnership
B. Corporation
C. Limited Partnership
A. Stock
B. Prepaid insurance
C. Sundry Debtors
A. Debit Accounts Payable A/c and Credit P&L A/c
B. Debit P&L A/c and Credit Reserve for Discount on Accounts Payable A/c
D. Debit Reserve for Discount on Accounts Payable A/c and credit Accounts Payable A/c
A. 8,000 units
B. 11,000 units
D. 9,000 units
A. 840
C. 820
D. 792
A. Income
C. Liability
D. Expenses
A. Current cost
B. Cost to acquire less accumulated amortization
D. Replacement cost
B. Discount
C. Cash receipt
D. Cash book
A. Expenditures
C. Receipts
D. Incomes
B. Receipts
C. Incomes
D. Expenditures
B. Asset A/c
C. General Reserve A/c
A. Balance Sheet
B. Funds Flow Statement
A. Plant and Machinery
C. Building
D. Office equipment
A. Debit Profit & Loss Account and add the provision to debtors
B. Credit Profit & Loss Account and deduct the provision from debtors
C. Credit Profit and Loss Account and add the provision to debtors
A. Bank
C. Payments
A. Job order cost
C. Explicit cost
D. Prime cost
B. Depreciation is provided in the books only when there is profit
C. Depreciation is an appropriation of profit
D. Depreciation cannot be provided in case of loss in a financial year
A. Payee
B. Payer
C. Bank
B. 5431
C. 6441
D. 5876
Showing 351 to 397 of 397 mcqs