- Low level language
- High level language
- Assembly language
- None of these
- b
All Departments Solved Papers
All Department’s Current & Past Solved Papers are included in this section of ETEST Academy’s Website. All MCQs of All Departments are included in this section with complete detail. Our team updates this website on daily basis.
Which of the following is both input and output device?
- Keyboard
- Modem
- Scanner
- Mouse
- b
What is compiler?
- Compiler is a language providing very efficient execution.
- A Compiler is a conversion line by line as the program is run.
- A compiler is a special program that processes statements written in a particular programming language and terns them into matching language.
- None of these
- c
The difference between investment’s market value and its cost is called the ……of the investment.
- Economic Value
- Net Present Value
- Book Value
- Social Value
- b
-
The difference between cash inflows and cash outflows within a specific time period is called NPV.
NPV stands for Net Present Value
Which of the following is the acronym for GAAP?
- Generally Accepted Accounting Principle
- Generally Adopted Accounting Principle
- Generally Actual Accounting Paper
- All of the Above
- a
-
GAAP is a collection of accounting rules and standards for financial reporting.
Which of the following business form of business organization is least regulated?
- Limited Partnership
- General Partnership
- Sole Proprietorship
- Corporation
- c
-
In our routine life, Everyone is running a shop / business is called Sole Proprietorship.
OR
Sole Proprietorship is a simple form of business that have not documental registered entity.
The ability of a firm to convert an asset to cash is called:
- Solvency
- Liquidity
- Return
- None of these
- b
Public Company should start business only after getting certificate of:
- Corporation
- After One Year
- ISO
- Commencement of Business
- d
Every business transaction affects at least ….accounts.
- Two
- Three
- Four
- Five
- a
General Journal is a book of ……entry.
- Original
- Final
- Generic
- First
- a
-
In general Journal, The accountant notes all transaction on daily basis.