Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test

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  • Chapter Name13

Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test

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Question # 1

An expenditure, which is non-recurring and irregular is called

Question # 2

An expenditure, which is completely exhausted with in the current accounting period is known as

Question # 3

Preliminary expenses paid in the formation of a company is a

Question # 4

Which one of the following is appeared in the balance sheet

Question # 5

Transaction, having short-term effects are known as

Question # 6

The transactions, the effect of which is not exhausted with in the current accounting year are called

Question # 7

Expenditure is a capital expenditure because

Question # 8

Heavy expenditure on advertisement for making a new product is a

Question # 9

Expenditure, which helps to maintain the business efficiency is called

Question # 10

Capitalized expenditure are shown in

Question # 11

Depreciation of fixed assets used in the business is an example of

Question # 12

An expenditure, which is incurred to increase to profit earning capacity of a business concern, is called

Question # 13

Octori duty paid on machinery, is an example of

Question # 14

Cost of redecorating a cinema hall is a

Question # 15

Expenditure is revenue expenditure because

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