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

NAT II Management Science Finance & Accounting

00:00
Question # 1

How many types of bank accounts are there?

Question # 2

What is accounting period?

Question # 3

How many of grace are given?

Question # 4

What is accumulated depreciation?

Question # 5

Dishonor of the bill occurs when:

Question # 6

How many branches are there in accounting?

Question # 7

Section of the business to which cost can be charged is termed as

Question # 8

Which one of the following is not a negotiable instrument?

Question # 9

Purchase Requisition is sent to

Question # 10

Excess of assets over liabilities is known as:

Prepare Complete Set Wise NAT II Management Science Finance & Accounting MCQs Online With Answers


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

  • M
    Maya Kumari 08 - Jun - 2022 00 Min 39 Sec 10/10
  • M
    Mehwish 26 - Aug - 2021 01 Min 10 Sec 10/10
  • W
    Waleed mazhar 30 - Jul - 2022 00 Min 32 Sec 9/10
  • S
    Shahzad Abbasi 09 - Dec - 2021 10 Min 50 Sec 9/10
  • N
    NurAli Virani 07 - Oct - 2022 10 Min 50 Sec 8/10
  • K
    Khurrum Atta 20 - Sep - 2022 10 Min 50 Sec 8/10
  • H
    Haseeb ur Rehman 31 - Jul - 2022 06 Min 39 Sec 7/10
  • M
    M Hamza Baloch 15 - Jan - 2023 10 Min 50 Sec 7/10
  • M
    Muqadas Hussain 11 - Jan - 2023 10 Min 50 Sec 7/10
  • C
    Chiragh uddin 19 - Sep - 2021 02 Min 07 Sec 6/10
  • B
    Bilal khan 18 - Jul - 2023 02 Min 19 Sec 6/10
  • M
    mehwish Malik 24 - Apr - 2023 10 Min 50 Sec 6/10
  • S
    Shahkar Afridi 29 - May - 2022 10 Min 50 Sec 6/10
  • M
    Mahnoor Awan 18 - May - 2022 10 Min 50 Sec 6/10
  • H
    Hadiqa Saeed 23 - Feb - 2022 10 Min 50 Sec 6/10
Sr. # Question Answer
1 Excess of assets over liabilities is known as:

A. Capital fund

B. Accumulated fund

C.Surplus fund

D. All options are correct

2 Office salaries are include in

A. Direct material cost

B. Indirect material cost

C.Factory overhead cost

D. Total payroll

3 Assets which have to no market value are called

A. Fictitious assets

B. Liquid assets

C.Intangible assets

D. Real assets

4 Loss which arises due to ----------- is known as abnormal loss

A. Breakage of goods

B. Leakage

C.Fire

D. Shrinkage

5 The primary objective of cost accounting is to

A. Control cost

B. Calculate profit

C.Avoid cost

D. All of above

6 Historical cost which is irrecoverable in a given situation is called

A. Imputed cost

B. Standard cost

C.Opportunity cost

D. Sunk cost

7 If applied factory overhead is less than actual factory overhead, it is called

A. Applied F.o.H

B. Over applied F.o.H

C.Under-applied F.o.H

D. None of above

8 Provision of doubtful debts are also known as:

A. Allowances for uncollectable

B. Allowances for collectable

C.Bad debts

D. None

9 Which one is not a functional classification?

A. Manufacturing cost

B. Marketing cost

C.Finance cost

D. Mixed cost

10 Goodwill is ----------- for company.

A. Intangible asset

B. Fixed asset

C.Current asset

D. Quick asset

Test Questions

Is this page helpful?