Business and Finance MCQs Test 06 Preparation Online

Test Instructions

Business and Finance MCQs Test 06 Preparation Online

Economics

1. Prepaid expenses appearing in a trial balance will figure in the:
A.
B.
C.
D.

2. In an integrated costing system, most of the data relevant to cost accounting comes from the:
A.
B.
C.
D.

3. Which method of costing is used by sugar mills ?
A.
B.
C.
D.

4. Depreciation is the process of:
A.
B.
C.
D.

5. The excess of current assets over current liabilities is called:
A.
B.
C.
D.

6. What is Conversion Cost ?
A.
B.
C.
D.

7. Sale of old furniture on credit will appear in the:
A.
B.
C.
D.

8. Goodwill of a firm represents:
A.
B.
C.
D.

9. What is the objective of cost accounting ?
A.
B.
C.
D.

10. A bank account is a:
A.
B.
C.
D.


 

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