Subject Repository
Accounting Mcqs
Showing 61 – 80 of 1,466 verified multiple choice questions with answers and explanations.
Q61NTS / FPSC / PPSC
In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as _________?
Q62NTS / FPSC / PPSC
The standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as __________?
Q63NTS / FPSC / PPSC
The hybrid costing system, which is applied to batches of similar products, but are not identical is classified as ____________?
Q64NTS / FPSC / PPSC
The costing system, which is a combination of process costing and job costing system, is classified as __________?
Q65NTS / FPSC / PPSC
The total available assets are subtracted from idle assets to calculate
Q66NTS / FPSC / PPSC
The formal information systems, used in organizations to focus company’s learning and attention, given to the most important strategic issues are known as ____________?
Q67NTS / FPSC / PPSC
The rupee amount for required return of investment is subtracted from income to calculate _____________?
Q68NTS / FPSC / PPSC
An economic value added method is specific type of method to calculate _____________?
Q69NTS / FPSC / PPSC
The after-tax average cost of the funds used by company in long run is equal to __________?
Q70NTS / FPSC / PPSC
A desire of an individual to give good performance for self-satisfaction is known as ___________?
Q71NTS / FPSC / PPSC
In an accounting measurement, income and investment is divided to calculate _________?
Q72NTS / FPSC / PPSC
If the working capital is $265000 and the current liabilities are $378000, then the current assets can be ______________?
Q73NTS / FPSC / PPSC
The sum of all the resources used to generate income is classified as _____________?
Q74NTS / FPSC / PPSC
The difference of current assets and the working capital is equal to __________?
Q75NTS / FPSC / PPSC
If the current assets are $250000 and the current liabilities are $135500, then the working capital would be ___________?
Q76NTS / FPSC / PPSC
Current assets are subtracted from current liabilities to calculate: ____________?
Q77NTS / FPSC / PPSC
The system in an organization that articulates the purpose, mission and core values of a company is classified as ____________?
Q78NTS / FPSC / PPSC
If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be ___________?
Q79NTS / FPSC / PPSC