MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Given: Machinery cost Rs. 30,000. Scrap value Rs. 10,000. Life 5 years. Rate of interest 5%. Reference to sinking fund table 0.180975.The depreciation per year will be |
| A. | Rs. 4,000 |
| B. | Rs. 3619.50 |
| C. | Rs. 8,000 |
| D. | Rs. 5429.25 |
| Answer» C. Rs. 8,000 | |
| 2. |
Owners equity stands for |
| A. | fixed assets-fixed liabilities |
| B. | fixed assets-current liabilities |
| C. | current assets-fixed liabilities |
| D. | total assets-total liabilities |
| Answer» E. | |
| 3. |
Capital employed in a business is Rs. 150000. Profit gained was Rs. 50000/-and the normal rate of profit is 20%. The amount of goodwill as per the capitalization method would be |
| A. | Rs. 100000 |
| B. | Rs. 150000 |
| C. | Rs. 200000 |
| D. | Rs. 300000 |
| Answer» B. Rs. 150000 | |