MGT-101 Quiz Online Test

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MGT-101 Final Term Exams Preparation Virtual University

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  • Total Questions10

  • Time Allowed10

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Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
1 MGT-101 Final Term Exams Preparation Virtual University 89 Download PDF MCQ Answers Launch Test
1 MTH-501 Quiz Online Test 89 Download PDF MCQ Answers Launch Test

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MGT-101 Final Term Exams Preparation Virtual University (MCQs With Answers)

Sr. # Questions Answers Choice
1 Which of the following essentials are shown in Bank book?1.Date of transaction ,2.Narration of transaction ,3.Cheque Number 1,2 2,3 1,3 1,2,3
2 Accountancy cover which of the following series bookkeeping accounting auditing all of the above
3 Accrued expenses are the example of Current liabilities Long term liabilities Capital expenses
4 While making income and expenditure account,excess of income over expenses in a specified accounting is called : Profit Loss Surplus Deficit
5 An informal accounting statement that lists the ledger account balance at a time and compare the total of debit balance with the total of credit balance is known as : Income statement balance sheet trail balance cash book
6 The product that are ready for sale are known as raw material work in process finished in goods closing stock
7 Which of the following statement is NOT TRUE about current liabilities? These are due with in one year These are short term loans These are consists of all debts,payable after 12 months In working capital, these are deducted from current assets
8 Which of the financial statement DO NOT show the financial health of a business at specific date? Profit and Loss account Balane Sheet Statement of financial position
9 In a balance sheet fixed asset is shown at cost price market value fair value written down value
10 The total of all cost incurred to convert raw material into finished goods is known as : Prime cost Conversion cost Sunk cost
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