(A) To Provide financial information to shareholders
(B) To maintain balance sheet
(C) To minimize taxes.
(D) To keep track of liabilities
Accounting MCQs
Accounting MCQs for Test Preparation. These Accounting MCQs are the most repeated mcqs and very important for all type of exams organized by FPSC, PPSC, KPSC, SPSC, BPSC, NTS, PTS, OTS, UTS, CTS, ITS and other testing agencies of Pakistan. Most important FPSC MCQs, PPSC MCQs, KPSC MCQs, SPSC MCQs, BPSC MCQs, NTS MCQs, PTS MCQs, OTS MCQs, UTS MCQs, CTS MCQs, ITS MCQs and other MCQs for test preparation in Pakistan.
(A) Balance Sheet
(B) Cash Flow Statement
(C) Income Statement
(D) None of the above
May 13, 2022
(A) Cash memo
(B) Voucher
(C) Invoice
(D) None of these
May 13, 2022
(A) Tangible Assets
(B) Intangible Assets
(C) Quick Assets
(D) Current Assets
May 13, 2022
(A) Cash memo
(B) Invoice
(C) Voucher
(D) None of these
May 13, 2022
(A) Trade Discount
(B) Cash Discount
(C) Discount Allowed
(D) Discount Received
May 13, 2022
(A) Purchase Return
(B) Stock / Inventory
(C) Bad Debts
(D) Sales Return
May 13, 2022
(A) Merchandise
(B) Assets
(C) Stock
(D) Purchases
May 13, 2022
(A) Owner’s Equity
(B) Liabilities
(C) Equities
(D) None of these
May 13, 2022
(A) Drawings
(B) Sales
(C) Charity
(D) Expense
May 13, 2022