- Motivation
- Free rein style
- Leadership
- Democratic Style
- c
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 business paid double taxed to government?
- Partnership
- Joint Stock Company
- Cooperative Societies
- Sole Proprietorship
- b
How many types of Assets?
- 05
- 06
- 07
- 08
- b
-
Current Assets
Fixed Assets
Intangible Assets
Tangible Assets
Liquid or Quick Asset
Wasting Assets
Depreciation is basically …. To business.
- Profit
- Loss
- Recovery
- Earning
- b
-
Gradually decrease in the value of machinery or asset due to usage in business is called Depreciation.
How many types of Purchase?
- 4
- 5
- 6
- 7
- a
-
Cash Purchase
Credit Purchase
Purchase Return
Purchase Discount
Any legal activity which is done for earning profit is called:
- Risk
- Business
- Asset
- Drawings
- b
A financial dealing between two person is called:
- Business
- Transaction
- Liability
- None of the above
- b
-
There are two types of transactions which are:
Cash Transaction
Credit Transaction
Which of the following business type has longest life time?
- Sole Proprietorship
- Joint Stock Company
- Partnership
- All of the given options
- b
-
A joint stock company can sale or purchase shares to shareholders easily without hard rules. Shareholders can also transfer shares from one entity to other easily.
Wages are Paid For:
- Long term period
- All of the given options
- Short term period
- None of these
- c
-
Wages and Salaries are Liabilities of Organization / Company.
Double Entry Book-Keeping was fathered by:
- Murphy Smith
- Henry Fayol
- Luca Pacioli
- F.W. Taylor
- c
-
Luca Pacioli published first book on Double Entry System in 1494.