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Online MCQ`s Test For Chapter 1 "MGT-101 Final Term Exams Preparation Virtual University"

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  • Total Questions10

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MGT-101 Final Term Exams Preparation Virtual University

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Question # 1

Depreciation arises because

Question # 2

A summarized record of transaction related to individual or things is called

Question # 3

If a business pays rent in 12 months mit will be treated as:

Question # 4

Cost incurred for the maintenance of shop in considered as

Question # 5

In accounting accumulated depreciation is :

Question # 6

Bank reconciliation statement is :

Question # 7

What will be the effect on accounting equation ,which payment is made to the creditor of the business?

Question # 8

An asset that is not physical in nature is called ____

Question # 9

Firms chargers depreciation each year :

Question # 10

The asset which have limited useful life are termed as :

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