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Here you can prepare 12th Class Principles of Accounting Chapter 5 Depreciation, Provisions and Reserves Test. Click the button for 100% free full practice test.
This online test contains MCQs about following topics:
. Various Definition of Depreciation . Causes of Depreciation . Need for Provision of Depreciation . Depreciation Vs. Fluctuation . Characteristics of Depreciation . Methods of Charging Depreciation . Methods of Charging Depreciation . Distinction between Depreciation A/C and Depreciation Reserve A/C . Distinction between General Reserve & Specific Reserve . Distinction between Reserve and Provision . Distinction between Reserve and Reserve Fund
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