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

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NAT II Management Science Finance & Accounting

00:00
Question # 1

A--------------- is an account in which those transaction are entered which cannot be placed to their accounts

Question # 2

The cost flow must watch the

Question # 3

From the following statements which one is not true about over applied F.o.H

Question # 4

A credit purchases are:

Question # 5

Hypothetical cost which are specially computed outside the accounting system for the purpose of decision making is called

Question # 6

Accounts which are related with properties are known as

Question # 7

What is amortization?

Question # 8

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

Question # 9

What are bad debts?

Question # 10

Which ratio tells how many times in a year stock is used up and replaced?

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

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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 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 match 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 Purchase Requisition is sent to
A. Accounts department
B. Purchase department
C. Finance department
D. None of above
5 Endorsement is made:
A. For settlement of debts
B. For settlement of income
C. For settlement of profit
D. None
6 Quick assets are
A. Cash in hand
B. Cash at bank
C. Debtors
D. All of the above
7 Historical cost which is irrecoverable in a given situation is called
A. Imputed cost
B. Standard cost
C. Opportunity cost
D. Sunk cost
8 How many branches are there in accounting?
A. 1
B. 3
C. 2
D. 4
9 Spoiled goods cannot be
A. Sold without repairing
B. Repair and sold as damaged goods
C. Both A and B
D. None of above
10 Which ratio tells how many times in a year stock is used up and replaced?
A. Gross profit ratio
B. Net profit ratio
C. Cost ratio
D. None of these

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