RANK
#34
Tazim Rahman
Score: 40.75অ্যাটেম্পট
62
95%সঠিক
45
69%ভুল
17
26%সময়
৩৩ মিনিট ২৩ সেকেন্ড
মিনিটAccounting
প্রশ্ন 1
CORRECT
Which one is a noncash transaction of business?
A
Depreciation
B
Advertisement
C
Commission
D
Rent
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 2
CORRECT
What will be the effect of giving acceptance to notes payable to the extent of Tk. 5,000 in accounting equation?
A
Liabilities increased and liabilities decreased
B
Liabilities increased and owner’s equity decreased
C
Owner’s equity increased and liabilities decreased
D
Owner’s equity increased and owner’s equity decreased
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 3
CORRECT
Which one is the scientific accounting system?
A
Cash basic accounting system
B
Actual basic accounting system
C
Single entry accounting system
D
Triple entry system
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 4
WRONG
Which type of account is depreciation?
A
Expenses
B
Revenue
C
Contra Asset
D
Owner’s equity
আপনার উত্তর:
C
সঠিক উত্তর:
A
প্রশ্ন 5
WRONG
Capital increased-
A
Liabilities increased
B
Drawing increased
C
Expenses increased
D
Assets increased
আপনার উত্তর:
C
সঠিক উত্তর:
D
প্রশ্ন 6
AVOID
What happens to the accounting equation when discount paid?
A
Decreases Owner’s Equity and Liability
B
Decreases Assets and Liability
C
Decreases liability and expense
D
Decreases Asset and Owner’s equity
আপনার উত্তর:
অংশগ্রহণ করেননি
সঠিক উত্তর:
D
প্রশ্ন 7
CORRECT
Which one is invisible assets?
A
Share discount
B
Deferred advertisement
C
Good will
D
Preliminary expenses
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 8
CORRECT
Which type of account is allowance for depreciation?
A
A contra asset account
B
An expense account
C
An owner’s equity account
D
An asset account
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 9
CORRECT
One which assumption of accounting Basic Accounting Equation is established?
A
Time period assumption
B
Matching principle
C
Entity assumption
D
Going concern assumption
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 10
CORRECT
What kind of account in unearned revenue?
A
Assets
B
Liabilities
C
Income
D
Expense
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 11
CORRECT
11. “Paid to accounts payable”- what will be the effect in accounting equation?
A
Increasing in assets and owner’s equity
B
Decreasing in assets and liability
C
Decreasing in assets and owner’s equity
D
Decreasing in liability and increasing in owner’s equity
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 12
CORRECT
Which of the following is used in sales journals?
A
Debit note
B
Credit note
C
Debit voucher
D
Invoice
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 13
CORRECT
Which is the main objective of accounting?
A
Bookkeeping
B
Determination of financial results
C
Provide information
D
Analysis of events
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 14
CORRECT
Internal users of accounting information are.
A
Creditors
B
Tax Authority
C
Owner
D
Bank
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 15
WRONG
In business organization net profit indicate-
A
Assets
B
External liability
C
Internal liability
D
Production
আপনার উত্তর:
A
সঠিক উত্তর:
C
প্রশ্ন 16
WRONG
What kind of account is drawings account?
A
Fixed Account
B
Temporary Account
C
Expense Account
D
Nominal Account
আপনার উত্তর:
C
সঠিক উত্তর:
B
প্রশ্ন 17
CORRECT
Credit balance indicates-
A
Assets & expense
B
Income & expense
C
Asset & liabilities
D
Income & liabilities
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 18
CORRECT
Which could not be claimed by owner?
A
Capital
B
Gross profit
C
Drawings/withdrawn
D
Net profit
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 19
CORRECT
Who prepares bank reconciliation statement?
A
Debtor
B
Creditor
C
Depositor
D
Bank
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 20
CORRECT
How is NSF cheque shown in the Bank reconciliation statement?
A
Added to bank balance of cash book
B
Subtracted from bank balance of cash book
C
Added to bank balance of passbook
D
Subtracted from bank balance of passbook tk. 4,000
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 21
CORRECT
Which of the following is correct about adjusted purchase?
A
Sales + Closing stock + Purchase stock
B
Opening stock + Purchase – Closing stock
C
Opening stock – purchase + closing stock
D
Opening stock + purchase + closing stock.
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 22
AVOID
When reversing entries mad?
A
Opening date of accounting period
B
Middle time of accounting period
C
Closing date of accounting period
D
Date of adjusting entries
আপনার উত্তর:
অংশগ্রহণ করেননি
সঠিক উত্তর:
A
প্রশ্ন 23
CORRECT
A balance of tk. 90 has been put on the wrong side of the trial balance, if everything else were correct, what would be the trial balance difference?
A
Tk. 45
B
Tk. 90
C
Tk. 135
D
Tk. 180
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 24
CORRECT
Repairing expense of equipment Tk. 10,000 showed to equipment A/c which type of error it is?
A
Clerical
B
Error of principle
C
Error of omission
D
Compensating
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 25
CORRECT
Which is the full form of FASB?
A
Financial accounting standard Board
B
Final Accounting Standard Board
C
Fundamental accounting Standard Board
D
Financial Accounting standard bureau
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 26
CORRECT
Accounting cycle is repeated on which concept basis?
A
Periodicity concept
B
Historical cost concept
C
matching concept
D
Going concern concept
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 27
WRONG
According to which assumption nominal accounts are closed at the end of accounting period?
A
Periodicity
B
Matching
C
Realization
D
Materiality
আপনার উত্তর:
B
সঠিক উত্তর:
A
প্রশ্ন 28
WRONG
What are the steps of preparing financial statement according to IAS-01?
A
6
B
5
C
4
D
3
আপনার উত্তর:
D
সঠিক উত্তর:
B
প্রশ্ন 29
AVOID
According to which principles, capital shown as liabilities?
A
Historical cost principles
B
Business entity principles
C
conservatism principles
D
Realization principles
আপনার উত্তর:
অংশগ্রহণ করেননি
সঠিক উত্তর:
B
প্রশ্ন 30
WRONG
Under which IAS financial statements are prepared?
A
Under which IAS financial statements are prepared?
IAS-1
B
IAS-2
C
IAS-7
D
IAS-27
আপনার উত্তর:
C
সঠিক উত্তর:
A
প্রশ্ন 31
CORRECT
Assets will be presented at cost price. On which concept is it established?
A
Matching concept
B
Historical cost concepts
C
Accrual basis concept
D
Accounting period concept
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 32
CORRECT
Depreciation is charged on which type of assets in business
A
Current assets
B
Fixed assets
C
Intangible assets
D
Fictitious assets
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 33
WRONG
What is another name of salvage value?
A
Estimated disposal value
B
Specific selling price of assets
C
Cash received from assets at the end of maturity period
D
Provided cash at the time of disposal
আপনার উত্তর:
A
সঠিক উত্তর:
C
প্রশ্ন 34
CORRECT
Book value means-
A
Purchase price-scrap vale
B
Purchase price- relevant expense
C
Purchase price- installation expense
D
Purchase price- Accumulated depreciation
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 35
CORRECT
Which assets does not depreciated?
A
Building
B
Furniture
C
Land
D
Leasehold property
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 36
CORRECT
Padma company purchased an AC of tk. 1,00,000. 10% depreciation will be charged using declining balance method. Amount of depreciation for second year will be-
A
Tk. 9,000
B
Tk. 10,000
C
Tk. 18,000
D
Tk. 20,000
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 37
WRONG
Which one is not considered to determine depreciation expense?
A
Cost price
B
market price
C
Salvage value
D
Depreciable value
আপনার উত্তর:
A
সঠিক উত্তর:
B
প্রশ্ন 38
WRONG
What type of allocation is depreciation?
A
Valuation
B
Cost price allocation
C
Cash deposit
D
Value analysis
আপনার উত্তর:
D
সঠিক উত্তর:
B
প্রশ্ন 39
WRONG
Which one is indirect expenses?
A
Carrying inward
B
Export duty
C
Dock charge
D
Import duty
আপনার উত্তর:
C
সঠিক উত্তর:
B
প্রশ্ন 40
CORRECT
Which is the type of assets of ‘Patent and ‘royalty?
A
Current assets
B
Intangible assets
C
Quick assets
D
Fictitious assets
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 41
CORRECT
Main purpose of preparing statement of comprehensive income is-
A
Determination of net asset
B
Determination of net profit or loss
C
Determination of gross profit or loss
D
Determination of increase in asset
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 42
CORRECT
If the rate of profit 20% on sales what will be the rate of profit one cost of goods sold?
A
16.67%
B
20%
C
25%
D
33.33%
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 43
CORRECT
A, B and C are three partners in a firm. The net profit is tk. 1,20,000. The profit-sharing ratio is 3:2:1. Which amount will get ‘A’?
A
Tk. 20,000
B
Tk. 30,000
C
Tk. 40,000
D
Tk. 60,000
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 44
CORRECT
Ali and Jamil are two partners. Their profit-sharing ratio is 2:1. They take Babu as a new partner at the rate of 10% profit. Their new profit-sharing ratio will be-
A
6:3:1
B
5:3:1
C
3:6:1
D
2:3:1
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 45
WRONG
Which type of asset is ‘Discount’ on issue of share?
A
Fictitious
B
Current
C
Fixed
D
Floating
আপনার উত্তর:
D
সঠিক উত্তর:
A
প্রশ্ন 46
CORRECT
which type of shareholders do take part in the operation of business?
A
Right shares
B
bonus shares
C
Ordinary shares
D
Preference shares
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 47
WRONG
Share premium of a company is-
A
Revenue income
B
Revenue income
Capital income
C
Revenue expenses
D
Capital expenses
আপনার উত্তর:
D
সঠিক উত্তর:
B
প্রশ্ন 48
CORRECT
The authorized capital of star Ltd. is 20,000 share of tk. 10 each. 90% of its is issued and 70% of issued capital is subscripted. What is the amount of subscribed capital?
A
Tk. 2,00,000
B
Tk. 1,80,000
C
Tk. 1,40,000
D
Tk. 1,26,000
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 49
CORRECT
What kind of shares are issued as dividend instead of cash dividend?
A
Bonus share
B
Primary share
C
Right share
D
Preference share
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 50
CORRECT
If rent ¾ Tk. 45,000 as per trial balance, what is the amount of rent due?
A
Tk. 11,250
B
Tk. 15,000
C
Tk. 30,000
D
Tk. 33,750
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 51
CORRECT
Which one is not a part of the statement of owner’s equity?
A
share capital
B
Reserve and surplus
C
Retained earnings
D
Debenture
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 52
CORRECT
Ability to pay off current liabilities quickly is measured by which ratio?
A
Acid test ratio
B
Current ratio
C
Working capital ratio
D
Debt equity ratio
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 53
WRONG
What is the relationship between liquidity and profitability?
A
Positive
B
Negative
C
Equal
D
Null
আপনার উত্তর:
D
সঠিক উত্তর:
B
প্রশ্ন 54
CORRECT
Working capital of Akon limited was Tk. 1,80,000 and its current ratio 5:2. What is the amount of company’s current liabilities?
A
Tk. 60,000
B
Tk. 1,20,000
C
Tk. 2,40,000
D
Tk. 3,00,000
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 55
CORRECT
Which one is solvency test ratio?
A
Debt-equity
B
Gross profit
C
Net profit
D
Working capital
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 56
CORRECT
What is the summation of direct material, direct labor and direct expenses?
A
Prime cost
B
Production cost
C
Factory cost
D
Conversion cost
আপনার উত্তর:
A
সঠিক উত্তর:
A
প্রশ্ন 57
CORRECT
The term “conversion cost’ means-
A
direct material + direct labor
B
direct material + direct labor + direct expense
C
direct labor + factory overhead
D
Prime cost + factory overhead
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 58
CORRECT
Which one is the component of production cost?
A
Office rent
B
Indirect raw material
C
Advertising expense
D
Bad-debt
আপনার উত্তর:
B
সঠিক উত্তর:
B
প্রশ্ন 59
WRONG
cost of raw material Tk. 8,000, wages Tk. 4,000 and factory overhead tk. 6,000. What is prime cost?
A
Tk. 10,000
B
Tk. 12,000
C
Tk. 14,000
D
Tk. 18,000
আপনার উত্তর:
D
সঠিক উত্তর:
B
প্রশ্ন 60
CORRECT
Which method is suitable when value of inventory decreases chronologically?
A
Simple average strategy
B
Weighted average strategy
C
FIFO
D
LIFO
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 61
CORRECT
Which methods are used logically to value stock of perishable goods
A
LIFO
B
Simple average
C
FIFO
D
Weighted average
আপনার উত্তর:
C
সঠিক উত্তর:
C
প্রশ্ন 62
CORRECT
Which one of the following is period cost?
A
Factory rent
B
Direct wages
C
Direct materials
D
Advertisement expenses
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 63
WRONG
Which of the following cost is fixed?
A
Raw material expense
B
Wages of the workers
C
Drawing office salaries
D
Sales commission
আপনার উত্তর:
B
সঠিক উত্তর:
C
প্রশ্ন 64
CORRECT
If opening inventory is showed higher, ––– will be shown higher
A
Assets
B
Net purchase
C
Net income
D
COGS
আপনার উত্তর:
D
সঠিক উত্তর:
D
প্রশ্ন 65
WRONG
What is the cost called of which the total fixed and per unit cost changes with the working stage changes?
A
Fixed cost
B
Mixed cost
C
Variable cost
D
Semi-variable cost
আপনার উত্তর:
C
সঠিক উত্তর:
A
