Business and Finance MCQs Test 06 Preparation Online

Test Instructions

Business and Finance MCQs Test 06 Preparation Online

Economics

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

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

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

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

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

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

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

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

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

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


 

Leave a Comment

Your email address will not be published.