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 asses which have physical existence are called.
Question # 2
the term depreciationis used with reference to.
Question # 3
The amount charged as depreciation goes on declining in
Question # 4
The depreciation charged to motor car account will be debited to.
Question # 5
The gradual decrease in the value of the fixex assets due to its use in the business is called.
Question # 6
To make provision for the replacement of the assets. the method is to be ysed is.
Question # 7
Depreciation caused by some external amoutn of anual depreciation gradully.
Question # 8
Depreciation is charged on.
Question # 9
Under diminhing balance method, depreciationis calculated on.
Question # 10
Depreciation is
Question # 11
Depreciation arise because of
Question # 12
The objective of charging depreciation on fixed assets is.
Question # 13
Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.
Question # 14
The amount of assets may rise of fell on account of.
Question # 15
The assets which have not got physical existence are 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 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
|
| 2 | Depreciation is charged on. |
A. Fixed tangible assets only
B. Fixex intangible assets only
C. Current assets only
D. None of these
|
| 3 | Which of the following method is suitable for charging depreciation an machinery and furniture. |
A. Straight line method
B. Diminishing balance method
C. Depreciation on fixed method
D. Annuity method
|
| 4 | The objective of charging depreciation on fixed assets is. |
A. Calculate the true net profit
B. To provide funds for the replacement
C. To redue the tax libility
D. All of the above
|
| 5 | 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
|
| 6 | Under annuity method the amount of depreciation is. |
A. Increasing every year
B. Decreasing every year
C. Fixed for all the year
D. None of these
|
| 7 | Under aunuity method, the annual charger for depreciation wil be debited to. |
A. Assets account
B. Depreciation account
C. Interest account
D. None of these
|
| 8 | The gradual decrease in the value of the fixex assets due to its use in the business is called. |
A. Depreciation
B. Depletion
C. Amorization
D. Fluctuation
|
| 9 | The amount charged to depreciation goes on declining in. |
A. Diminishing balance method
B. Fixex instaliment method
C. Annuity method
D. Depreciation fund method
|
| 10 | 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
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!