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This online test contains MCQs about following topics:
. Difference between capital and revenue expenditures . Difference between capital and revenue receipts . Deferred revenue expenditure . Capistalised expenditure . Capital and revenue profit . Capital and revenue losses . Capital and revenue payments
ICOM Part 1 Accounting Ch 13 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 13 "Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test"
Try The MCQ's Test For Chapter 13 "Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test"
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Total Questions15
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Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test
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Question # 1
An expenditure, which is completely exhausted with in the current accounting period is known as
Question # 2
An expenditure, which increases the utility or productive capacity of an asset is treated as
Question # 3
Expenditure is revenue expenditure because
Question # 4
All revenue expenditure are taken to
Question # 5
An expenditure, incurred to improve the position of the business is known as
Question # 6
Cost of redecorating a cinema hall is a
Question # 7
Transaction, having short-term effects are known as
Question # 8
A revenue expenditure, the benefit of which is not confined to one accounting year is called
Question # 9
Depreciation of fixed assets used in the business is an example of
Question # 10
An expenditure, which is incurred to increase to profit earning capacity of a business concern, is called
Question # 11
It is the price of goods sold or services provided by a business to its customers
Question # 12
An expenditure, which is temporarily increase the profit making capacity of the business is called
Question # 13
Distinction between capital and revenue items is important for the preparation
Question # 14
Preliminary expenses paid in the formation of a company is a
Question # 15
An expenditure, which is non-recurring and irregular is called
11th Principles of Accounting Chapter 13 Test
Here you can prepare 11th Principles of Accounting English Medium Chapter 13 Capital and Revenue Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 13 "Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test" MCQ`s Test
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M Minahil 07 - Dec - 2024 01 Min 01 Sec 15/15 -
S Saim 01 - Dec - 2018 04 Min 06 Sec 15/15 -
M Muhammad Atif 01 - Aug - 2021 06 Min 05 Sec 15/15 -
S saleem 03 - Apr - 2018 02 Min 31 Sec 14/15 -
H Happy Mohammad 04 - Jun - 2022 02 Min 49 Sec 14/15 -
A Adnan Amanat 18 - Mar - 2021 03 Min 23 Sec 14/15 -
A Ahmed 06 - Jul - 2021 03 Min 35 Sec 14/15 -
J jiakhan 26 - Apr - 2018 01 Min 30 Sec 13/15 -
A Abdullah Zafar 22 - Sep - 2023 01 Min 56 Sec 13/15 -
U Ufaq 21 - Jul - 2021 01 Min 56 Sec 13/15 -
M Muhammad furqan 18 - Aug - 2018 02 Min 37 Sec 13/15 -
K kalsoom 11 - Jan - 2024 03 Min 27 Sec 13/15 -
A Abdulah Iftikhar 10 - Nov - 2022 03 Min 47 Sec 13/15 -
S Saba 30 - Jun - 2021 06 Min 31 Sec 13/15 -
S sheikh Ariz 15 - Sep - 2022 01 Min 58 Sec 12/15
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