(A) Amortization
(B) Depletion
(C) Going Concern
(D) Residual Value
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) Cost of an asset + Residual value
(B) Cost of an asset – Residual value
(C) Residual value – Cost of an asset
(D) None of these
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(A) $1,000
(B) $1,500
(C) $2,000
(D) $2,500
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(A) Capital
(B) Property
(C) Patent rights
(D) Inventory
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(A) Patent rights
(B) Inventory
(C) Cash
(D) Trade receivables
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(A) receivable
(B) payable
(C) bad debt
(D) none of these
May 13, 2022
May 13, 2022
(A) Assets + Liabilities = Equity
(B) Assets – Liabilities = Equity
(C) Assets – Receivable = Equity
(D) Assets + Receivable = Equity
May 13, 2022
(A) International Financial Reporting Standards
(B) International Financial Accounting Standards
(C) International Accounting & Auditing Standards
(D) International Risk Reporting Standards
May 13, 2022
(A) Company Law
(B) Accounting standards
(C) Both A and B
(D) None of these
May 13, 2022