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MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test"
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Total Questions15
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Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test
00:00
Question # 1
Depreciation fund method is also known as.
Question # 2
The gradual decrease in the value of the fixex assets due to its use in the business is called.
Question # 3
Depreciation arise because of
Question # 4
The amount charged to depreciation goes on declining in.
Question # 5
Under aunuity method, the annual charger for depreciation wil be debited to.
Question # 6
Depreciation is
Question # 7
Another name of diminishing balance method of depreciation is the
Question # 8
Depreciation is charged at fixex rate on the reducing balance, under the.
Question # 9
The depreciation charged to motor car account will be debited to.
Question # 10
The asses which have physical existence are called.
Question # 11
Depreciation caused by some external amoutn of anual depreciation gradully.
Question # 12
The method is specially suited to natural surces is said to be
Question # 13
the term depreciationis used with reference to.
Question # 14
Under the diminishing balance method the depreciationis calculated on .
Question # 15
To make provision for the replacement of the assets. the method is to be ysed is.
ICOM Part 2 English Medium Principles of Accounting Chapter 9 MCQ's Test
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ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | To make provision for the replacement of the assets. the method is to be ysed is. |
A. Written down value method
B. Annuity method
C. Sinking fund method
D. Insurance policy method
|
| 2 | Under the diminishing balance method the depreciationis calculated on . |
A. Book value
B. Original value
C. Residual value
D. None of these
|
| 3 | The method is specially suited to natural surces is said to be |
A. Annuity method
B. Depletion method
C. Revalution method
D. Sum of digit method
|
| 4 | Another name of diminishing balance method of depreciation is the |
A. Reducing balance method
B. Sinking fund method
C. Straight line mehod
D. Revaluation method
|
| 5 | Which of the following method is suitable for charging depreciation an machinery and furniture. |
A. Straight line method
B. Diminishing balance method
C. Depreciation on fixed method
D. Annuity method
|
| 6 | the term depreciationis used with reference to. |
A. Tangible assets
B. Intangible asets
C. Current assets
D. Fixed assets
|
| 7 | Under diminhing balance method, depreciationis calculated on. |
A. The original cost
B. The scrape value
C. Book value
D. All of the above
|
| 8 | The amount charged as depreciation goes on declining in |
A. Depletion fund method
B. Auunity method
C. Diminishing balance method
D. Straiight line method
|
| 9 | Depreciation arise because of |
A. Due to fall in the market value of fixex assets
B. Due to physical wear and tear of the assets
C. Due to fall in the market value
D. None of these
|
| 10 | Under which method the book value of the fixed assets acn be reduce to zero after certain year |
A. Diminishing balance method
B. Straght line method
C. Depreciation find fond
D. Deflation method
|
Test Questions
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