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

MCQ's Test For NAT II Management Science Finance & Accounting

Try The MCQ's Test For NAT II Management Science Finance & Accounting

  • Total Questions10

  • Time Allowed15

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NAT II Management Science Finance & Accounting

00:00
Question # 1

Endorsement is made:

Question # 2

Depreciation is a loss due to wear and tear of an asset.

Question # 3

Provision of doubtful debts are also known as:

Question # 4

Dishonor of the bill occurs when:

Question # 5

Doubtful debt are:

Question # 6

In bill of exchange, the party who accepts a bill is known as:

Question # 7

Costs whose consumption may be identified with specific production units in called

Question # 8

Any written evidence of a business transaction is known as

Question # 9

Good received note is prepared by

Question # 10

In operating expense includes

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

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    Maya Kumari 08 - Jun - 2022 00 Min 39 Sec 10/10
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    Waleed mazhar 30 - Jul - 2022 00 Min 32 Sec 9/10
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NAT-II Finance & Accounting Chapter 0 Important MCQ's

Sr.# Question Answer
1 Petty cash book is a book which record
A. Assets
B. Liabilities
C. Large payments
D. Small payments
2 The cost flow must watch the
A. Output
B. Outflow
C. Inflow
D. Workflow
3 Rebate is the --------- in the amount of bill paid
A. Premium
B. Increase
C. Expense
D. Concession
4 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
5 How many of grace are given?
A. 5
B. 4
C. 3
D. 2
6 Doubtful debt are:
A. Definite loss to the business
B. Definite profit to the business
C. Expected loss to the business
D. Expected profit to the business
7 How many types of bank accounts are there?
A. 4
B. 3
C. 5
D. 6
8 Manufacturing concern cycle is ---------- than trading concern cycle:
A. Shorter
B. Greater
C. Medium
D. None of above
9 The technique and process of ascertaining cost is termed as
A. Costing
B. Cost accounting
C. Calculation of cost
D. Controlling cost
10 Good received note is prepared by
A. Purchase department
B. Sales department
C. Receiving department
D. All of the above

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