ACCOUNTING MCQs



A final statement is a means of communicating information about an enterprise in ___ terms.

  1. Import
  2. Export
  3. Financial
  4. None

اس سوال کو وضاحت کے ساتھ پڑھیں


Who is known as father of Economics ?

  1. David Ricardo Malthus
  2. Thomas
  3. Adam smith
  4. None

اس سوال کو وضاحت کے ساتھ پڑھیں


Credit purchases of plant and machinery is recorded in which following specialized Journals?

  1. General journal
  2. Cash journal
  3. Purchase journal
  4. Purchase return journal

اس سوال کو وضاحت کے ساتھ پڑھیں


The normal balance of liability account is:

  1. Credit balance
  2. Debit balance
  3. Cash balance
  4. None of above

اس سوال کو وضاحت کے ساتھ پڑھیں


A cost that changes with the number of units produced, but that can never be a zero, is what kind of cost ?

  1. Mixed cost
  2. Period cost
  3. Variable cost
  4. Product cost

اس سوال کو وضاحت کے ساتھ پڑھیں