Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.gif)
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"
-
Total Questions15
-
Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test
00:00
Question # 1
Depreciation is
Question # 2
The objective of charging depreciation on fixed assets is.
Question # 3
Under diminhing balance method, depreciationis calculated on.
Question # 4
Interest is debited to assets account uder the.
Question # 5
Under which method the book value of the fixed assets acn be reduce to zero after certain year
Question # 6
To make provision for the replacement of the assets. the method is to be ysed is.
Question # 7
the term depreciationis used with reference to.
Question # 8
Depreciation is charged on.
Question # 9
Depreciation fund method is also known as.
Question # 10
Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.
Question # 11
The gradual decrease in the value of the fixex assets due to its use in the business is called.
Question # 12
Under aunuity method, the annual charger for depreciation wil be debited to.
Question # 13
Which of the following method is suitable for charging depreciation an machinery and furniture.
Question # 14
Under the straight line method of charging depreciation, the amount of deperciation .
Question # 15
Depreciation is charged at fixex rate on the reducing balance, under the.
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
-
M Malaika MA 03 - Aug - 2024 02 Min 02 Sec 14/15 -
F Fazilat Official 07 - Dec - 2025 02 Min 08 Sec 13/15 -
Z Zainab Malik 02 - Jun - 2026 02 Min 27 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
ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Interest is debited to assets account uder the. |
A. Annuity method
B. Depreciation fund method
C. Insurance policy method
D. Depletion method
|
| 2 | The process of writing of intengible assets patent right, good will etc is called. |
A. Depreciation
B. Fluctuaton
C. Amorization
D. depletion
|
| 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 | The term Depletion is used with reference to. |
A. Tangible assets
B. Intangible assets
C. Current assets
D. Fixex assets
|
| 5 | 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
|
| 6 | The amount charged as depreciation goes on declining in |
A. Depletion fund method
B. Auunity method
C. Diminishing balance method
D. Straiight line method
|
| 7 | Depreciation is charged at fixex rate on the reducing balance, under the. |
A. Written - down value method
B. Annuity method
C. Sinking fund method
D. Depletion method
|
| 8 | Under annuity method the amount of depreciation is. |
A. Increasing every year
B. Decreasing every year
C. Fixed for all the year
D. None of these
|
| 9 | 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
|
| 10 | Depreciation caused by some external amoutn of anual depreciation gradully. |
A. Increase
B. Decrease
C. Remain constant
D. None of these
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!