222

$show=home

Welcome to Accounting Education

The Accounting University with 3400+ Accounting contents as study material which can watch, read and learn anyone, anywhere.

Start your studies

$show=home

Journal Entries $type=three$count=6$author=hide$comment=hide$label=hide$date=hide$show=home$s=0

Balance Sheet $type=three$count=6$author=hide$comment=hide$label=hide$date=hide$show=home$s=0

Accounting Test Online - Part 9

Today is 2nd July and today is the date of your test. You know all are the 10 objective type questions which have been taken from June's written content in Accounting Education. Some students who are in other professions want to learn accounting. To solve these type objective questions will give you power to go to the home of accounting. I have made the list of past 8 online accounting test, if you did not solve, try to solve them at here.


Question 1. What is Consolidated Balance Sheet?

(a) This the balance sheet of subsidiary company

(b) This is the balance sheet in which both holding company and subsidiary company's assets and liabilities are shown.

(c) This is the balance sheet of big corporates.

(d) This is the balance sheet of Govt. company.
Question 2. What is Subprime Mortgage Crisis?  

(a) It is the crisis which happened due to decrease the prices of real estate. Large number of USA banks became insolvent.

(b) This is latest water bubble in India due to Euro Crisis.

(c) This is India  share market crisis.

(d) It is the crisis which happened due to increase the prices of real estate. No one bought the property, all the sellers of real estate become beggars in USA.
Question 3. What is deferred expenses?

(a) Expenses not yet paid but services received.

(b) Expenses has been paid in advance but services have not be obtained.

(c) These expenses are paid for one year.
 
(d) These are the 2 years advance expenses for getting shop on rent.
Question 4. What is the primary objective of financial accounting?

(a) To hide accounting information from interested groups

(b) To make the hackers in accounting.

(c) To make the game of money.

(d)  To maintain accounts and showing financial statement for providing help to different community which is interested in our business.
Question 5. What are non-financial factors?

(a) which affects accounting indirectly.

(b)  These are the main part of entries.

(c) These are main formulas of accounting.

(d) These are important for getting fund on credit.
Question 6. What is the marginal accounting

(a) This accounting differentiate our total expenses into variable expenses and fixed expenses.

(b)  This is the accounting which only records incomes.
Question 7. What will be adjusting entry of outstanding expenses?

(a) Outstanding Expenses account Dr

     Expenses account Cr.

 
(b) Expenses account Dr.

 Outstanding Expenses account Cr.
Question 8. What is charity fund?

(a) Which is collected for personal benefits .

(b) Which is collected for picnic.

(c) Which is collected for mission, public welfare, project like free education, free food, free home for needy, free treatment of poor patients etc.

(d) Which is collected for converting black money into white money.
Question 9. What is merit rating?

(a) It is the obtained marks in school exam.

(b) It is the record of strengths of employees.

(c) It is the way of record of weakness of employees.

(d) It is the evaluation of personal abilities.
Question 10. What is replacement cost?

(a) Replacement cost means the cost of any asset if we buy same at current price from market.
(b) Replacement cost is the repair cost when we sell it in the market.

(c) Replacement cost means extra money which we received for giving the guarantee of returned the asset.

(d)   Replacement cost is the reserve for getting new asset in future for replacing old asset.

Please see the correct answer at here

Comments

 


Name

access,2,account,86,accountant,95,Accounting,683,accounting definitions,99,accounting ebook,3,Accounting education,85,Accounting Education Ads Help,1,accounting procedure,2,accounting process outsourcing,2,Accounting Software,52,advance,3,advertising,6,africa,7,Amalgamation,6,amendments,16,Amortization,1,announcements,62,Annuity,2,assets,53,audit,47,auditing,41,Australia,2,B.Com.,22,balance sheet,87,bank,111,Bank reconciliation,12,banking,33,basic accounting,110,BBA,1,benefits,13,best,50,bill,12,black money,3,blog,12,bloggers,7,book keeping,4,bookkeeping,3,Branch Accounting - full tutorial,8,budget,35,Budget variance,13,business,65,businessman,9,CA,30,calculator,4,canada,3,capital,72,capital budgeting,27,career,21,cash,40,cash book,8,cash flow statement,11,Chiense,1,children,13,china,6,class,3,coaching,2,coins,2,college,6,commerce,10,commerce students,7,company,36,computer,9,computer accounting,1,conference,4,Contact vinod kumar,1,Control Your Spending,27,corporate accounting,69,cost,160,cost accounting,195,cost center,8,cost centre,1,CPA,2,credit,18,credit card,11,cs,10,currency,35,data,11,Debit and credit,17,debit cards,1,debt,62,debtor,21,degree,6,depletion,2,depreciation,38,Diwali Messages,12,documents,4,dollar,5,domain,3,Downloads,3,Dubai,1,e-accounting,17,earning,17,education,246,Education Loans,6,email,15,employee,4,EPF,2,ERP,7,euromoney,1,examination,7,excel,17,excise duty,6,expenses,65,facebook,7,factor of loan,1,fans,2,feature,32,fifo,5,FII,4,fiji,1,finacle,1,finance,823,Finance Journal Entries,6,Financial,134,financial accounting,147,Financial Statements,4,fire insurance,3,flickr,2,flow,4,forensic,4,forex,21,formula,8,france,1,fraud,6,free,2,fun,34,function,1,fund,48,GAAP,36,GDP,1,gdr,5,germany,1,gold,7,goodwill,4,goodwill accounting,3,google,34,google apps,3,google apps,1,google base,1,google buzz,1,google calendar,1,Google docs,38,google finance,3,google fusion tables,1,google talk,5,govt.,5,GST,33,guide,85,health,6,Hindi,2,Hindi Language,3,history,3,holding company,3,How to treat FBT in Tally 9,1,HRA,3,ICAI,11,ICAWI,3,ICICI Bank,1,IFRS,11,income,17,income statement,19,Income Tax,7,India,57,indian railway,1,Indonesia,1,inflation,4,inflation accounting,3,infographics,8,information,7,inspiration,176,insurance,14,insurance accounting,2,Intangible,3,interest,26,international,7,Internet,40,Introduction of Tally 9,1,inventory,41,investment,135,investment in Shares,6,invoice,3,IT,1,Japan,1,Job costing,4,journal entries,143,Journal Entries eBook Help,4,Kalculate,1,keyboard,3,kuwait,2,laptop,2,law,4,LBT,1,learning,36,lease,5,lecture,11,ledger,17,leducation,1,Leverage Analysis,7,liabilities,16,lifo,3,linkedin,1,loan,74,logical point,1,loss,5,loss of profit,1,M.Com.,5,m.phil,2,malaysia,3,management accounting,129,manual accounting,4,manufacturing account,1,market,11,marketing,3,mastercard,2,material,13,MBA,14,MCA,1,media,4,migration,2,mobile,9,money,61,ms word,3,ms. excel,14,multi currency in tally 9,1,Multicurrency Accounting,3,mutual fund,30,national security,1,new and sacrifice ratio,1,new york times,1,new zealand,1,news,1,NGO,5,nonprofit-accounting,6,North Georgia Mountains,1,Notification,1,NPV,17,NSE,1,odbc,2,office,10,oman,1,online application,2,online accounting,11,Online Accounting Course,5,otcei,1,pakistan,3,parents,3,Partnership,1,pay pal,3,pdf,4,Personal Finance,6,pie chart,1,pie chart of income,2,pnb,5,podcast,1,ppf,1,presentation,10,price,7,privacy policy,2,prof. vinod kumar,13,profit,24,profit and loss account,12,project management,11,provision,14,purchase,9,puzzles,2,quickbooks,2,Quote,22,quotes,42,quotes of svtuition,1,rating agency,2,ratio analysis,34,RBI,7,readers,13,real estate,13,rectification of errors,11,remote control,2,reports,10,reserves,8,responsibility accounting,4,retirement,2,revenue,3,Revenue reserves,2,review,7,risk,11,rupees,9,salary,5,sale,12,SAP,3,saudi arabia,1,saving,19,sbi,9,scholarship,2,school,1,SEBI,13,security,30,service tax,23,share,20,share trading,15,Shares,16,shri lanka,3,singapore,2,sms,6,social accounting,7,society,5,solution,219,South Africa,1,stock,24,stock exchange,22,structure,6,student,39,students,70,study,21,subsidiary company,2,svtuition,14,swiss bank,2,tally,100,tally 9,8,Tally 7.2,8,Tally 9,42,Tally.ERP 9,59,TallyPrime,1,tanzania,2,tax,94,Tax Accounting,30,TDS,15,teacher,62,teaching,112,technology,33,test,40,testimonial,15,testimonials,15,thailand,1,tips,60,trading,5,trading on equity,2,transaction,7,trend,12,trial balance,14,truthfulness,1,tuition,3,twitter,10,UAE,5,UGC - NET Commerce,13,UK,11,United Arab Emirates,1,university,9,usa,25,valuation,9,VAT,22,Video,36,Voucher and vouching,4,Wealth,8,wikipedia,25,working capital,29,youtube,14,
ltr
item
Accounting Education: Accounting Test Online - Part 9
Accounting Test Online - Part 9
Accounting Education
https://www.svtuition.org/2012/07/accounting-test-online-part-9.html
https://www.svtuition.org/
https://www.svtuition.org/
https://www.svtuition.org/2012/07/accounting-test-online-part-9.html
true
2410664366776677676
UTF-8
Loaded All Posts Not found any posts VIEW ALL Reply Cancel reply Delete By Home PAGES Contents View All RELATED CONTENTS FOR YOUR LEARNING Topic ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy