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Principles of accounting Icom Part 1 English Medium Chapter 12 Online Test
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Total Questions15
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Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 12 Online Test
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Question # 1
The expenses which are incurred for the generation of revenues from the sales of goods are called
Question # 2
Net sales - cost of goods sold - operating expenses = ?
Question # 3
Income statement is prepared to ascertain the net result of the business concern under
Question # 4
Which one of the following is a direct expense?
Question # 5
Sales are equal to
Question # 6
Cost incurred to generate revenue is called
Question # 7
The margin that is available to cover the other expenses for a period and to yield net income is known as
Question # 8
Net sales equal to
Question # 9
All expenses connected with the office and its conduct are called
Question # 10
Net purchases are equal to
Question # 11
The amount by which the revenue for a particular period of time exceed from expenses incurred to generate them is called
Question # 12
A statement which i prepared to ascertain the net income or net loss for a specific accounting period is called
Question # 13
The gross amount of goods sold or services performed during an accounting period is known as
Question # 14
Cost of goods sold is equal to
Question # 15
A statement which is prepared to know the financial position of a business on a particular date, is called
Matric Part 2/10th Class English Chapter 1 MCQ Test With Answer for Chapter 1 Hazrat Muhammad (S.A.W) an Embodiment of Justice
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Biology Chapter 1 - Answers Mode
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Biology Chapter 1 MCQ - PDF
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Download PDF with answers to study online or offline. The PDF cotnains all MCQ questions with answers for Class 10 Biology Chapter 1 - Acids and Liquids. Total questions are 12.
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