- Current Assets/Current Liabilities
- Capital-Liabilities/Assets
- Quick Assets*Liabilities
- Liabilities-Assets
- a
Accounting MCQs
Accounting MCQs are included in this portion of ETEST Website.All Accounting MCQs are solved with short detail. ETEST Team updates ETEST Website on daily basis.
On which river will the Kala Bagh Dam be constructed?
- Indus
- Jhelum
- Chenab
- Ravi
- a
-
Kala Bagh Dam is on Indus river at Kala Bagh Mianwali.
The age of Usman (R.A) at the time of his martyrdom was:
- 66
- 80
- 70
- 75
- b
-
Usman (R.A) was martyred by rebels.
They besieged the house of Usman (R.A) for 40 days.
In which year did the Karachi Stock Exchange establish?
- 1973
- 1948
- 1947
- 1957
- c
Rusting of Iron involves:
- Oxidation
- Reduction
- Decomposition
- Displacement
- a
Flexible budget is a budget with the following features:
- Constant Budget
- Should be change with volume of production
- Change with variable
- Changes in direct material
- b
Balance Sheet is always prepared:
- At the start of month
- On a Specific Date
- At the end of month
- None of theseb
-
The balance sheet is a statement of the financial position of the business i.e. assets,liabilities,drawings & etc.
It was started in 1494.
Depreciation in spirit is similar to:
- Amortization
- Depletion
- Break Even Point
- Confusion
- a
-
Depreciation represents how much of an asset’s value has been used in a specific time period.
Which of the following agencies related to UNO was in existence before the World War II?
- WHO
- ILO
- IMF
- FAO
- b
-
ILO was established in 1919 and WWII was occurred in 1939.
FAO stands for Food & Agriculture Organization
WHO stands for World Health Organization
IMF stands for International Monetary Fund
The Currency of Norway is:
- Dollar
- Pound
- Krone
- Dirham
- c
-
Dollar is the Currency of USA.
Dirham is the Currency of UAE.
Pound is the Currency of 13 Countries.