41. When there is change in the value of rupee, it is said to be change in
42. For purpose of redemption of preference share company can issue
43. The General Manager is entitled to a comission of 10% on net profit after charging the commission of Works Manager. The Works Manager is entitled to a commission of 5% on the net profits after charging the commission of General Manager. The profit before charging any commission is Rs. 7,500. The commission of the Works manager, to the nearest rupee, will be:
44. Which of the following is not capital reserve it:
45. A . . . . . . . . is used to reflect the changes in purchasing power of money or a whole.
46. Which one of the following error do not affect the agreement of trial balance?
47. . . . . . . . . is considered as the father of modern accounting system-
48. Which of the following are the benefits of responsibility accounting?
1. It facilitates the centralisation of decision taking.
2. It provides a system of closer control.
3. It measures the performance of individuals in an objective manner.
4. It develops a sense of cost consciousness among managers and their subordinates.
1. It facilitates the centralisation of decision taking.
2. It provides a system of closer control.
3. It measures the performance of individuals in an objective manner.
4. It develops a sense of cost consciousness among managers and their subordinates.
49. Opening stock Rs. 80,000, closing stock Rs. 1,00,000, cost of goods sold Rs. 3,60,000. Hence stock turnover is
50. A limited company follows the written down value method of depreciating machinery year after year due to
Read More Section(Accounting)
Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25