Finance Accounting Quiz

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Finance Accounting

Finance Accounting Quiz

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Fixed assets which do not have physical existence are called:-

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Which is a risk factor in capital budgeting:-

3 / 25

Income  and  expenses  related  to the  prize  fund  is shown in ;-

4 / 25

In case of  retirement  of  a partner full  good will  is  credited  to the  account of  :-

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Following the written down value  method of depreciation  on particular is because of __________ convention:-

6 / 25

Ageing schedule incorporates the relationship between:-

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What is royalty ;-

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Creation of company is the first step in computerized accounting process:-

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The following statement  stands true when intangible  assets are compared to the current  assets:-

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If the amount of super profit is negative , what does it indicate :-

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What is  the basic  accounting  equation;-

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Short working  can be  recouped  only  out of ;-

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Royalty is an income to lessee ':-

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The value of intangible asset is -------------- over a period of time:-

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Real rate of returns is equal to:-

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If  spoiled goods  are considered a normal  part of production process  than debit  to ;-

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The last step  in accounting  process is   ;-

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Payroll  accounting  sub system  deals  with the preparation of  final  accounts :-

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The excess of assets  over liabilities   in non  trading   concerns  is  termed as ;-

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The  gross  decrease  in economic   benefits  for  the business  are what ;-

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Accounting  is a language of ;-

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Break even indicates  ;-

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Accounting  period  is   a time  for which    business  prepared  its financial statement :-

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Book keeping is regarded as _____________ step of accounting:-

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Revaluation account  is  operated  to find out  gain or loss   at the time of :-

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