81. XYZ firm has imported a machine from abroad. Which of the following is NOT the element of the machine's cost?
82. Which of the following foxed assets is not depreciated in the ordinary circumstances?
83. In the calculation of depreciation, all of the following items are actually estimates except:
84. Under which method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset?
85. An increase in the value of fixed asset is referred to as:
86. The term _______ is generally used for the depreciation of natural resources
87. Which of the following is a biological asset?
88. Which of the following is the effect on net income if a business decreases its provision for bad debts?
89. A firm has not recorded the bad debts by mistake. Which of the following is the effect of bad debt ommission?
90. When it is certain that a debt won't be recovered. Which of the following is correct?
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 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 15
- 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