NAT IIM Management Science Finance & Accounting Online Test for Pakistani Students

Top Scorers Of NAT II Management Science Finance & Accounting MCQ`s Test

Sr.#	Question	Answer
1	According to possible for an event or transaction which is not measurable in terms of money	A. True B. False C. May be D. None
2	The cost flow must watch the	A. Output B. Outflow C. Inflow D. Workflow
3	Cost which is calculated before manufacture operation is called	A. Sunk cost B. Mixed cost C. Standard cost D. None of above
4	Debentures are	A. Fixed assets B. Fixed liabilities C. Capital D. Prepaid expenses
5	Spoiled goods cannot be	A. Sold without repairing B. Repair and sold as damaged goods C. Both A and B D. None of above
6	Outstanding expenses are also known as	A. Prepared expenses B. Accrued expenses C. Un-earned income D. None
7	Cost which cannot be conveniently identified with individual cost unit is called	A. Direct material cost B. Indirect material cost C. Indirect labour cost D. Caring cost
8	Costs whose consumption may be identified with specific production units in called	A. Direct labour cost B. Indirect labour cost C. Direct material cost D. Indirect material cost
9	Purchase Requisition is sent to	A. Accounts department B. Purchase department C. Finance department D. None of above
10	The cost of holding the stock in storage is called	A. Ordering cost B. Material cost C. Caring cost D. All of the above