Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test
00:00
Question # 1
A partner who takes an active part in the managment of the firm is called.
Question # 2
Current accoujts of the partners should be opened when the capital are.
Question # 3
Partnership is formed by the partners.
Question # 4
A paatner who invests capital inthe business but does not take active part in the conduct of the business is called.
Question # 5
A partner who is newly admitted to the firm with the consent of all the parties is called.
Question # 6
In the absence of an partnership agreement the pfofit and losses are divided by the partners in the ratio of.
Question # 7
For the firm, interest on drawing is.
Question # 8
Liability of the partners in partnership is.
Question # 9
A person whoinvest the minor portion of capital in the business and so he has small share in the profit is called.
Question # 10
The owner of the partnership are called as.
Question # 11
In partnership minimum limit of partners is.
Question # 12
Registraion of the firm.
Question # 13
The persons who have entered in partnership are collctive called.
Question # 14
Investment in partnership is made byintroducing.
Question # 15
In case of banking business, the numerb of persons must not exceed.
ICOM Part 2 English Medium Principles of Accounting Chapter 4 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test" MCQ`s Test
-
F Fazilat Official 05 - Dec - 2025 01 Min 02 Sec 15/15 -
M Malaika MA 03 - Aug - 2024 01 Min 23 Sec 15/15 -
S Subtain Ahmed Raza 15 - Jul - 2023 01 Min 47 Sec 15/15 -
Z Zainab Malik 02 - Jun - 2026 02 Min 08 Sec 15/15 -
Y youth flavour 14 - Dec - 2024 03 Min 18 Sec 15/15 -
A Ahmad Daar 02 - Apr - 2024 01 Min 08 Sec 14/15 -
S Sheikh Zadi 13 - May - 2023 01 Min 13 Sec 14/15 -
S Shantul Gabol 10 - Dec - 2023 03 Min 07 Sec 14/15 -
A adina waqas 05 - Dec - 2024 01 Min 50 Sec 13/15 -
T Taiba Siddique 31 - May - 2024 00 Min 11 Sec 12/15 -
T Tyab ali Ali 03 - May - 2023 01 Min 58 Sec 12/15 -
S SEO Guru 28 - Jun - 2022 02 Min 12 Sec 12/15 -
R Rana Muneeb 08 - May - 2023 02 Min 37 Sec 12/15 -
H Huzaifa Arfeen 18 - May - 2023 03 Min 55 Sec 12/15 -
Z Zafar Ali 07 - Jun - 2024 00 Min 30 Sec 11/15
ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Capital of the partners are maintained under. |
A. Fixed capital method
B. Fluctuating method
C. By any two of the above
D. None of the above
|
| 2 | In partnership minimum limit of partners is. |
A. Two (02)
B. Five(5)
C. Ten (10)
D. Tweleve (12)
|
| 3 | A person whoinvest the minor portion of capital in the business and so he has small share in the profit is called. |
A. Senior partner
B. Junior partner
C. quast partner
D. Nominal patner
|
| 4 | Current accoujts of the partners should be opened when the capital are. |
A. Fixed
B. Fluctuating
C. Either fixed or fluctuating
D. None of these
|
| 5 | The persons who have entered two partnership are individually called. |
A. Agents
B. Partners
C. A firm
D. Vendor
|
| 6 | A partner who is newly admitted to the firm with the consent of all the parties is called. |
A. Salaried partner
B. Incoming partner
C. Junior partner
D. Minor partner
|
| 7 | Current accout of the partners should be opened when the capitals are. |
A. Fluctuating
B. Fixed
C. Either fixed or fluctuating
D. Neither fixed or fluctuating
|
| 8 | Registraion of the firm. |
A. It is legally necessary
B. It is optional
C. It depends on the will of the partners
D. It depends uopon the will of theemployee
|
| 9 | If some proparty is owned jointly with out any attention to carry on a business it is called. |
A. Partnership
B. Co- ownership
C. Sole ownership
D. Agency
|
| 10 | In case of banking business, the numerb of persons must not exceed. |
A. Ten (10)
B. Twenty (20)
C. Tweinty five(25)
D. Fifty (50)
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!