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MTH-501 Quiz Online Test
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Total Questions20
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Time Allowed20
MTH-501 Quiz Online Test
00:00
Question # 1
Which of the following is NOT an example of current Asset?
Question # 2
Accrued expenses are the example of
Question # 3
Which of the financial statement DO NOT show the financial health of a business at specific date?
Question # 4
Income of the business includes:
Question # 5
Which of the following is non profit-able organization?
Question # 6
If the cost of the sales is Rs 60,000 are Rs 95,000 and opening expenses are Rs 20,000 during the year.What would be the net profit?
Question # 7
An estimate of the income and expenses needed to carry out business plans for a fiscal year is known as :
Question # 8
Word credit is derived from
Question # 9
We can say that business in profit when
Question # 10
The time span in which financial statements of the business are prepared is called
Question # 11
Which of the following is not an item of Balance Sheet?
Question # 12
Which of the following essentials are shown in Bank book?1.Date of transaction ,2.Narration of transaction ,3.Cheque Number
Question # 13
In cost of goods sold statement the total factory cost is equal to
Question # 14
Which of the following financial statement summarizes the profitability of an organization for a particular period?
Question # 15
In an accounting if credit sale < debit side then the balance is known as :
Question # 16
Which of the following is NOT prepared by Non Profit organization?
Question # 17
Which of the following account will be credit,if business sold goods for Rs 10,000 on credit?
Question # 18
In a balance sheet fixed asset is shown at
Question # 19
The asset which have limited useful life are termed as :
Question # 20
Economic resource owned by a business and expected to benefit for the future operation are called :
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