The original record of a business transaction is recorded in this book_____________?
A. Work book
B. Journal
C. Ledger
D. Account book
Civil Engineering Mcqs
What is a secondary book of accounts, the information of which is obtained from the journal is called ?
What is a secondary book of accounts, the information of which is obtained from the journal is called ?
A. Balanced sheet
B. Ledger
C. Worksheet
D. Trial balance
What is used to record historical financial transactions ?
What is used to record historical financial transactions ?
A. Bookkeeg system
B. Ledger system
C. Balance check
D. General journal system
What is the change in cost per unit variable change called ?
What is the change in cost per unit variable change called ?
A. Variable cost
B. Incremental cost
C. Fixed cost
D. Supplemental cost
What is an accounting term that represents an inventory account adjustment ?
What is an accounting term that represents an inventory account adjustment ?
A. Cost of goods sold
B. Cost accounting
C. Standard cost
D. Overhead cost
What is another term for “current assets” ?
What is another term for “current assets” ?
A. Fixed assets
B. Non-liquid assets
C. Liquid assets
D. Ccash
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?
A. Economic return
B. Yield
C. Rate of return
D. Return of investment
Lands, buildings, plants and machineries are example of what type of asset ?
Lands, buildings, plants and machineries are example of what type of asset ?
A. Current asset
B. Trade investment asset
C. Fixed asset
D. Intangible asset
Which of the following is an example of intangible asset ?
Which of the following is an example of intangible asset ?
A. Cash
B. Investment in subsidiary companies
C. Furnitures
D. Patents
__________________ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations?
__________________ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations?
A. Status company
B. Big income
C. Known owners
D. Goodwill