File Name: auditing and accounting css past papers 2010 mcq.zip
Nombre requerido. Jahangir WorldTimes Publications. Discuss in detail the Iran-Pakistan gas pipeline and challenges to it.
Taylor b Henry Fayol c Lucas Pacioli. E In Co. Net income was Rs. What percentage increase in net income must achieve in to off set the decline in profits in ?
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Views 2 Downloads 0 File size 1MB. Damodaran College of Science A. Basic objectives of cost accountin. Posted By : Faisal Qureshi Dr. Direct cost inc. Cost accounting mainly helps the management in a. Earning extra profits b. Providing information to management c. Fixed cost per unit decreases when: a. Production volume increases. Production volume decreases. Taylor b Henry Fayol c Lucas Pacioli. Fixed Cost: a. Changes with production b. Never changes even if production capacity is doubled c.
None of the above 2. Conversion cost is: a. Process Costing is relevant to: a. Cement industry b. Job Order cost oriented Projects c. None of the above 4. Operating Profit is: a. Profit after deducting financial costs b. Profit after deducting taxes c. Profit after deducting normal operating expenses including depreciation 5.
A good Cost Accounting System is: a. If it computes estimated cost only b. If it cannot be reconciled with financial accounts c. If it enables management to increase productivity and rationalize cost structure 6.
Verification includes: a. Checking Vouchers b. Examining audit report c. None of the above 7. Stratified audit sample means: a. Randomly selected items for audit b. Purposively selected items for audit c.
Items carefully selected from each group 8. Internal Control is totally synonymous with: a. Internal check b. Internal audit c. None of above 9. Audit of a bank is generally conducted through: a. Routine checking b. Couching c. Balance sheet audit An auditor is liable for his annual audit of accounts o: a. Creditors b. Bankers c. Owners Income Tax is levied on: a. Agricultural Income b. Presumptive Income c. None of above If a firm has paid super-tax, its partners may follow any one of the following behaviours: a.
No need to pay income tax, even if the income exceeds the taxable limit. Pay income tax, even if the income does not exceed the taxable income. Pay income tax as required under the law.
A resident multinational company need not: a. Pay income tax, if it s caused under Double Taxation agreement. Income Tax rates are the same for: a. Limited Companies b. Banking Companies c. Super Tax on companies is: a. In vogue in Pakistan b. Not in vogue in Pakistan c. Current Ratio is calculated as: a. Short-term loan can be described as: a. If the period is three years b. If the period is less than one year c.
If the period is over one year Combination can be best described as: a. Restructuring of Capital of a Company b. Reduction of Capital of a Company c. Amalgamation of two different types of businesses Sources of funds can be increased by: a. Describing selling prices b. Increasing expenditure c. Reason: Corrcetions. Do not reproduce the questions. What will be the units sold contributing to profit before income tax? CR FOH applied e None of these 8 Operating cost in often named as: a Manufacturing cost plus commercial expenses b Prime cost plus factory overheads c Direct material plus direct labour d Selling plus administrative expenses e None of these 9 Expenses such as rent and depreciation of a building are shared by several departments these are: a Indirect expenses b Direct expenses c Joint expenses d All of the above e None of these 10 If under applied FOH is closed to cost of goods sold, the journal entry is: a DR Cost of goods sold ……..
Reason: Corrections. But I am not sure. I differ with reason you mentioned because as far as I studied it, Deferred Taxation arises due to difference of depreciation method used by the companies,as in Pakistan Tax authorities recommend companies to use Diminishing balance method and if company is using straight line method then there will be some difference incurred in amount of tax to be paid in starting the difference is Credit but as time passes the difference will start getting Debit or its become receivable..
AS in given question it is not evident that at what point of time they are asking this.. I mean the expense is fixed but not value. I think you have been taking fixed and Variable expenses with wrong perception.. It does not mean that value which you pay remain Fixed. On the contrary, Variable expenses are those expenses which directly related to your production means if you do any production these expenses are high and if you do not produce these expenses are either low or none.
I hope it clears your concept and if not then feel free to ask. None of the above 9 Quick Ratio can be computed as under: a Quick. The fact that a particular message is posted on or transmitted using this web site does not mean that CSSForum has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message.
We encourage visitors to the forum to report any objectionable message in site feedback. Home Mcqs Cost Accounting. Basic objectives of cost accountin 1 0 KB Read more. Direct cost inc 16 0 1MB Read more. Cost Accounting - MCQs 1.
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everyday science css paper 2020
Views 2 Downloads 0 File size 1MB. Damodaran College of Science A. Basic objectives of cost accountin. Posted By : Faisal Qureshi Dr. Direct cost inc. Cost accounting mainly helps the management in a. Earning extra profits b.
Loading… No. Subject : Everyday Science There will be two papers of marks each of the subjects which carry marks. Daily MCQs of general science. Which of the following helps in clotting of blood?
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Это не принесет тебе радости. У нас много денег - какая разница, кто из нас их получает. Но это была чужая епархия.
Бринкерхофф кивнул и двинулся следом за Мидж. Фонтейн вздохнул и обхватил голову руками. Взгляд его черных глаз стал тяжелым и неподвижным. Возвращение домой оказалось долгим и слишком утомительным.