Accounting MCQs — Test 17
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Question 1
The total cost incurred in the operation of a business undertaking other than the cost of manufacturing and production is known as________?
Question 2
Consider the following data for a company during the month of June 2012 Budgeted hours 4,000 Standard hours for actual production 4,400 Maximum possible hours in the budget period 4,800 Actual hours 3,800 The activity ratio of the company during the month is
Question 3
Which of the following bases is not appropriate for apportionment of Transport department‘s cost ?
Question 4
Petty cash fund is supposed to be replenished?
Question 5
Postdated checks are considered as__________?
Question 6
Which of the following is generally not the party to a check?
Question 7
Cash book with cash and discount column is mostly referred as________?
Question 8
A simple or one column cash book usually has which of the following main columns?
Question 9
Purchase of office equipment for cash will be recorded on which of the following sides of a cash book?
Question 10
Postage stamps on hand are considered as_________?