(A) Asset
(B) Liabilities
(C) Capital
(D) Loan
May 13, 2022
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) Account Payable
(B) Notes Payable
(C) Amount Payable
(D) Discount Payable
May 13, 2022
(A) Proprietorship
(B) Ownership
(C) Industrialist
(D) Proprietor
May 13, 2022
(A) All management functions
(B) Controlling functions
(C) Coordinating management functions
(D) None of these
May 13, 2022
(A) Record economic data
(B) Provide informational basis for action
(C) Classify and record business transactions
(D) All of the above
May 13, 2022
(A) Purchases
(B) Merchandise
(C) Goods/Inventory
(D) All of the above
May 13, 2022
(A) Notes Receivable
(B) Accounts Receivable
(C) Amount Receivable
(D) Discount Receivable
May 13, 2022
(A) Goods transactions
(B) Service transactions
(C) Business transactions
(D) Credit transactions
May 13, 2022
(A) One accounts
(B) Two accounts
(C) Three Accounts
(D) None of these
May 13, 2022
(A) Single entry system
(B) Double entry system
(C) British system
(D) None of these
May 13, 2022