Question: An Auditor Is Liable For His Annual Audit Of Accounts? a. Creditors b. Bankers c. Owners [efaccordion id=”01″] [efitems title=”Show Answer” text=”Owners”][/efaccordion]
Category: Accounting
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All Indirect Cost Is Charged/Record In The Head Of?
Question: All Indirect Cost Is Charged/Record In The Head Of? a. Prime cost b. FOH cost c. Direct labor cost d. None of the given options [efaccordion id=”01″] [efitems title=”Show Answer” text=”Tyler”][/efaccordion]
A Store Ledger Card Is Similar To The ________.
Question: A Store Ledger Card Is Similar To The ________. a. Stock ledger b. Bin card c. Material card d. Purchase requisition card [efaccordion id=”01″] [efitems title=”Show Answer” text=”Bin card”][/efaccordion]
A Standard Rate Is Paid To The Employee When He Completed His Job?
Question: A Standard Rate Is Paid To The Employee When He Completed His Job? a. In time less than the standard b. In standard time c. In time more than standard d. Both in standard time and more than the standard time [efaccordion id=”01″] [efitems title=”Show Answer” text=”In standard time”][/efaccordion]
A Resident Multinational Company Need Not?
Question: A Resident Multinational Company Need Not? a. Pay income tax, if it’s caused under a Double Taxation agreement. b. If it is not enjoying tax exemption under the Income Tax Ordinance, 1979 (Second Schedule). c. None of the above [efaccordion id=”01″] [efitems title=”Show Answer” text=”None of above”][/efaccordion]
A Partnership, In Today Pakistan, Under The Current Law Can Have The Following Number Of Partners?
Question: A Partnership, In Today Pakistan, Under The Current Law Can Have The Following Number Of Partners? a. 50 b. 20 c. 100 [efaccordion id=”01″] [efitems title=”Show Answer” text=”20″][/efaccordion]
A Ledger Is Called A Book Of
Question: A Ledger Is Called A Book Of? First Entry Secondary Entry Middle entry Primary Entry Answer: Secondary Entry A Ledger Is Called A Book Of Secondary Entry because ledger accounts are prepared after the journal. It is also known as the Primary Book and principal book because the trial balance and final accounts of […]
A Ledger Account is Prepared From
Question: A Ledger Account is Prepared From? Income Statement Journal Cash Flow Trial Balance Answer: Journal A Ledger Account is prepared from the Journal accounts. In the Accounting Cycle, the Ledger is the second step after the preparation of Journal entries. An accounting ledger is a book that contains all accounts of the company and […]
A Good Cost Accounting System Is?
Question: 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 [efaccordion id=”01″] [efitems title=”Show Answer” text=”If it enables management to increase productivity and rationalize cost structure”][/efaccordion]
A Cost Centre Is?
Question: A Cost Centre Is? a. A unit of product or service in relation to which costs are ascertained b. An amount of expenditure attributable to an activity c. A production or service location, function, activity, or item of equipment for which costs are accumulated d. A center for which an individual budget is drawn up [efaccordion id=”01″] […]