12th class Principle of Accounting chapter 9 online mcq test with answers for ICom part 2 Principle of Accounting Chapter 9 (Partnership Accounts Dissolution of the Firm)

Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test" MCQ`s Test

M

Malaika MA 03 - Aug - 2024 02 Min 02 Sec 14/15
F

Fazilat Official 07 - Dec - 2025 02 Min 08 Sec 13/15
S

Sohera Aslam 19 - Aug - 2023 01 Min 32 Sec 12/15
S

Subtain Ahmed Raza 15 - Jul - 2023 02 Min 40 Sec 12/15
M

Maryam Nazar 22 - Apr - 2026 04 Min 14 Sec 12/15
H

hamza abid 16 - Sep - 2023 10 Min 50 Sec 12/15
M

Maaz Rehan 26 - Apr - 2024 02 Min 52 Sec 11/15
U

Usama Shah 04 - Apr - 2022 02 Min 05 Sec 10/15
S

sameer abbas 06 - May - 2026 02 Min 10 Sec 10/15
M

Muhammad Ebaad 31 - Dec - 2022 02 Min 44 Sec 10/15
S

shifa awan 24 - Jul - 2024 02 Min 50 Sec 10/15
S

shayan shahid 02 - Oct - 2022 03 Min 46 Sec 10/15
M

Mom Love 06 - Oct - 2022 04 Min 08 Sec 10/15
A

Abdulah Iftikhar 05 - Oct - 2021 05 Min 11 Sec 10/15
A

Ayesha Tariq 11 - Dec - 2021 07 Min 53 Sec 10/15

ICom Part II Principles of Accounting Chapter 0 Important MCQ's

Sr.#	Question	Answer
1	Under diminhing balance method, depreciationis calculated on.	A. The original cost B. The scrape value C. Book value D. All of the above
2	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
3	Depreciation under diminishing balance method ont he cost price of the fixex asset of Rs. 50.000 after two year @10% will be	A. RS. 5,000 B. Rs. 4050 C. Rs.4500 D. Rs. 40,000
4	The assets which have not got physical existence are called.	A. Intangible assets B. Intangible fixed assets C. Current assets D. Tangible fixed assets
5	the term depreciationis used with reference to.	A. Tangible assets B. Intangible asets C. Current assets D. Fixed assets
6	The gradual decrease in the value of the fixex assets due to its use in the business is called.	A. Depreciation B. Depletion C. Amorization D. Fluctuation
7	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
8	The objective of charging depreciation on fixed assets is.	A. Calculate the true net profit B. To provide funds for the replacement C. To redue the tax libility D. All of the above
9	Under the diminishing balance method the depreciationis calculated on .	A. Book value B. Original value C. Residual value D. None of these
10	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

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 9 (Partnership Accounts Dissolution of the Firm)

ICOM Part 2 English Medium Principles of Accounting Chapter 9 MCQ's Test

ICOM Part 2 Principles of Accounting Chapter Wise Online MCQ's Test

MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test"

Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test

The amount of assets may rise of fell on account of.

Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.

Depreciation fund method is also known as.

The amount charged to depreciation goes on declining in.

The asses which have physical existence are called.

Which of the following method is suitable for charging depreciation an machinery and furniture.

Under diminhing balance method, depreciationis calculated on.

Under the diminishing balance method the depreciationis calculated on .

Depreciation arise because of

To make provision for the replacement of the assets. the method is to be ysed is.

The value of an asset at the end of the working life is called.

Interest is debited to assets account uder the.

Depreciation under diminishing balance method ont he cost price of the fixex asset of Rs. 50.000 after two year @10% will be

The gradual decrease in the value of the fixex assets due to its use in the business is called.

Depreciation is charged at fixex rate on the reducing balance, under the.

Prepare Complete Set Wise Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test" MCQs Online With Answers

Set 1

Set 2

Set 3

Topic Test

ICOM Part 2 English Medium Principles of Accounting Chapter 9 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test" MCQ`s Test

ICom Part II Principles of Accounting Chapter 0 Important MCQ's

Test Questions

Is this page helpful?

Share your comments & questions here