- Tangible Assets
- Intangible Assets
- Current Assets
- No
- b
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.
How many types of Pension Plans?
- 03
- 04
- 05
- 06
- c
-
There are five types of Pension:
Compensation Pension
Invalid Pension
Superannuation Pension
Retiring Pension
Family Pension
…….means identify recording and communicating information.
- Budgeting
- Management
- Accounting
- All of these
- c
-
Its Definition of Accounting.
During Rising price which inventory method provides lowest profit?
- LIFO
- FIFO
- Weighted Average Method
- None of the Above
- a
-
There are three methods of store inventory, which are:
LIFO (Last in First Out)
FIFO (First in First Out)
Weighted Average Method
Bid must be open:
- Privately
- Friendly
- Publically
- Nonce of these
- c
Bid must be submitted in:
- Packages
- Envelops
- Both A & B
- Nonce of these
- a
-
Bid Package mean:
An invitation to bid
Copy of the proposal construction contract
A form of bid guarantee with 5% actual cost
All Construction Plans
What is minimum response time for a bidder after advertisement?
- 5 days
- 10 days
- 15 days
- 20 days
- c
-
According to Procurement Rule 2014, There is 15 days response time for a bidder in case of national level bid and 30 days time for international level bid.
How much security must be submitted for bid?
- 2.5%
- 5%
- 10%
- 15%
- b
-
The bidder will pay the 5% security of the estimated cost.
It is defined in Punjab Procurement Rules 2014 in Rule 27.
A bid should be published in how many ways?
- 01
- 02
- 03
- 04
- b
-
Electronic Media
News Paper
How many types of Competitive Biding Request?
- 03
- 04
- 05
- 06
- a
-
Request for Information (RFI)
Request for Quotation (RFQ)
Request for Proposal (RFP)