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
Which of the following method is suitable for charging depreciation an machinery and furniture.
Question # 2
The amount charged as depreciation goes on declining in
Question # 3
The process of writing of intengible assets patent right, good will etc is called.
Question # 4
The term Depletion is used with reference to.
Question # 5
Under the straight line method of charging depreciation, the amount of deperciation .
Question # 6
Under diminhing balance method, depreciationis calculated on.
Question # 7
Depreciation is charged on.
Question # 8
Depreciation is
Question # 9
Depreciation caused by some external amoutn of anual depreciation gradully.
Question # 10
The asses which have physical existence are called.
Question # 11
Interest is debited to assets account uder the.
Question # 12
Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.
Question # 13
To make provision for the replacement of the assets. the method is to be ysed is.
Question # 14
The value of an asset at the end of the working life is called.
Question # 15
The objective of charging depreciation on fixed assets is.
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 -
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 aunuity method, the annual charger for depreciation wil be debited to. |
A. Assets account
B. Depreciation account
C. Interest account
D. None of these
|
| 2 | The asses which have physical existence are called. |
A. Intangible assets
B. Intangible fixed assets
C. Tangible fixed assets
D. Both tangible or intangible assets
|
| 3 | Depreciation caused by some external amoutn of anual depreciation gradully. |
A. Increase
B. Decrease
C. Remain constant
D. None of these
|
| 4 | The amount charged as depreciation goes on declining in |
A. Depletion fund method
B. Auunity method
C. Diminishing balance method
D. Straiight line method
|
| 5 | 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
|
| 6 | Interest is debited to assets account uder the. |
A. Annuity method
B. Depreciation fund method
C. Insurance policy method
D. Depletion method
|
| 7 | Depreciation fund method is also known as. |
A. Sinking fund method
B. Annuity method
C. Sum- of year's digit method
D. None of these
|
| 8 | Under the straight line method of charging depreciation, the amount of deperciation . |
A. Decrease every year
B. Increase every year
C.
Remain constant every year
D. None of the above
|
| 9 | The amount charged to depreciation goes on declining in. |
A. Diminishing balance method
B. Fixex instaliment method
C. Annuity method
D. Depreciation fund method
|
| 10 | Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc. |
A. Depreciation
B. Depletion
C. Amortization
D. None of these
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!