Accounting MCQ

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FIFO and AVCO

Multiple choice Questions and Answers ( A level )

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Question 6
Inventory
Multiple choice Questions and Answers ( A level )

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Question 13
Disposal and exchange of non
current assets
Multiple choic Questions and Answers ( A level )

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Question 9
Depreciation of non current assets

Multiple choice Questions and Answers ( A level )

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Reconciliation and verification
Multiple choice Questions and Answers ( A level )

 Errors
 Suspense account
 Sales ledger control account
 Purchases ledger control account
 Bank reconciliation
 Incomplete records

Correction of errors

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Suspense accounts

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Sales ledger control account

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Purchases ledger control account

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Bank reconciliation

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Incomplete records
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Preparations and adjustments
to financial statements
Multiple choice Questions and Answers ( A level )

Provision for doubtful debts

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Financial statements and adjustments

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Limited companies
Multiple choice Questions and Answers ( A level )

Statement of changes in equity

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Question 6

Shares
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Question 11

Reserve
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Dividend
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Goodwill

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Debentures
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Partneurship
Multiple choice Questions and Answers ( A level )

Admissions
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Question 11
Retirements and dissolution
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Appropriation

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Partneurships
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Soletraders
Multiple choic Questions and Answers ( A level )

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The accounting cycle
Multiple choic Questions and Answers ( A level )

 Accounting concepts
 Ledgers

Accounting concepts

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Ledgers

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The application of accounting to
business planning
Multiple choice Questions and Answers ( A level )

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Cost-volume profit analysis
Multiple choice Questions and Answers ( A level )

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Break even point , contribution
to sales ratio and margin of
safety
Multiple choice Questions and Answers ( A level )

 Break even point


 Contribution to sales ratio
 Margin of safety

Break even point


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Margin of safety

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Contribution and contribution to sales ratio

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Marginal costing
Multiple choice Questions and Answers ( A level )

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Costs
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Absorption costing
Multiple choice Questions and Answers ( A level )

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Ratios
Multiple choice Questions and Answers ( A level )
Return on capital employed

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2
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Non current asset turnover

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Expenses to revenue ratio

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Other ratios
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