Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test
00:00
Question # 1
The value of an asset at the end of the working life is called.
Question # 2
The amount of assets may rise of fell on account of.
Question # 3
The assets which have not got physical existence are called.
Question # 4
Under aunuity method, the annual charger for depreciation wil be debited to.
Question # 5
The amount charged to depreciation goes on declining in.
Question # 6
Under the straight line method of charging depreciation, the amount of deperciation .
Question # 7
The amount charged as depreciation goes on declining in
Question # 8
The objective of charging depreciation on fixed assets is.
Question # 9
The gradual decrease in the value of the fixex assets due to its use in the business is called.
Question # 10
Under the diminishing balance method the depreciationis calculated on .
Question # 11
The term Depletion is used with reference to.
Question # 12
To make provision for the replacement of the assets. the method is to be ysed is.
Question # 13
Interest is debited to assets account uder the.
Question # 14
Depreciation caused by some external amoutn of anual depreciation gradully.
Question # 15
The process of writing of intengible assets patent right, good will etc is called.
ICOM Part 2 English Medium Principles of Accounting Chapter 9 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 9 Online Test" MCQ`s Test
-
M Malaika MA 03 - Aug - 2024 02 Min 02 Sec 14/15 -
F Fazilat Official 07 - Dec - 2025 02 Min 08 Sec 13/15 -
S Sohera Aslam 19 - Aug - 2023 01 Min 32 Sec 12/15 -
S Subtain Ahmed Raza 15 - Jul - 2023 02 Min 40 Sec 12/15 -
H hamza abid 16 - Sep - 2023 10 Min 50 Sec 12/15 -
M Maaz Rehan 26 - Apr - 2024 02 Min 52 Sec 11/15 -
U Usama Shah 04 - Apr - 2022 02 Min 05 Sec 10/15 -
M Muhammad Ebaad 31 - Dec - 2022 02 Min 44 Sec 10/15 -
S shifa awan 24 - Jul - 2024 02 Min 50 Sec 10/15 -
S shayan shahid 02 - Oct - 2022 03 Min 46 Sec 10/15 -
M Mom Love 06 - Oct - 2022 04 Min 08 Sec 10/15 -
A Abdulah Iftikhar 05 - Oct - 2021 05 Min 11 Sec 10/15 -
A Ayesha Tariq 11 - Dec - 2021 07 Min 53 Sec 10/15 -
T Tayab 29 - Jul - 2021 02 Min 14 Sec 9/15 -
F Fiza 26 - Jul - 2021 02 Min 19 Sec 9/15
ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Depreciation under diminishing balance method ont he cost price of the fixex asset of Rs. 50.000 after two year @10% will be |
A. RS. 5,000
B. Rs. 4050
C. Rs.4500
D. Rs. 40,000
|
| 2 | Depreciation caused by some external amoutn of anual depreciation gradully. |
A. Increase
B. Decrease
C. Remain constant
D. None of these
|
| 3 | Depreciation is |
A. An Income
B. An expense
C. A loss
D. A liability
|
| 4 | Depreciation arise because of |
A. Due to fall in the market value of fixex assets
B. Due to physical wear and tear of the assets
C. Due to fall in the market value
D. None of these
|
| 5 | The amount charged to depreciation goes on declining in. |
A. Diminishing balance method
B. Fixex instaliment method
C. Annuity method
D. Depreciation fund method
|
| 6 | Depreciation fund method is also known as. |
A. Sinking fund method
B. Annuity method
C. Sum- of year's digit method
D. None of these
|
| 7 | The amount of assets may rise of fell on account of. |
A. Depreciation
B. Fluctuation
C. Depletion
D. Amortization
|
| 8 | The method is specially suited to natural surces is said to be |
A. Annuity method
B. Depletion method
C. Revalution method
D. Sum of digit method
|
| 9 | Under which method the book value of the fixed assets acn be reduce to zero after certain year |
A. Diminishing balance method
B. Straght line method
C. Depreciation find fond
D. Deflation method
|
| 10 | The amount charged as depreciation goes on declining in |
A. Depletion fund method
B. Auunity method
C. Diminishing balance method
D. Straiight line method
|
Test Questions