Accounting Practice MCQ Page 9

Multiple Choice questions for Accounting in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 1323   At what amount materials issued will be charged ifLIFO method is used
  1. RS.1,550
  2. RS.1,575
  3. RS.1,700
  4. RS.1,750
Question: 1325   at what amount materials issued will be charged if simple average price is used
  1. RS.1,550
  2. RS1,575
  3. RS.1,610
  4. RS.1,700
Question: 1329   At what amount materials issued will be charged if weighted average price is used
  1. RS.1,575
  2. RS.1,610
  3. RS.1,625
  4. None of these
Question: 1330   At what amount materials issued will be charged if replacement price method is used
  1. RS.1,400
  2. RS.1,700
  3. RS.2,100
  4. RS. 1,750
Question: 1335   What will be the value of closing stock under FIFo method
  1. RS 600
  2. RS 675
  3. RS 700
  4. None of these
Question: 1336   What will be the value of closing under LIFO method
  1. RS.600
  2. RS.675
  3. RS.690
  4. RS.750
Question: 1337   What will be the value of closing stock under simple average method
  1. RS.600
  2. RS.690
  3. RS.725
  4. RS.750
Question: 1339   What will be the value of closing stock if weighted average method is applied
  1. RS.600
  2. RS.690
  3. RS.725
  4. RS.750
Question: 1340   What will be the value of closing stock if replacement price method if used
  1. RS.100
  2. RS.300
  3. RS.200
  4. None of thes
Question: 1344   In which of following incentive plans of wages payment, wages on time basis are NOT guaranteed
  1. Halsey plan
  2. Rowan plan
  3. Taylor,s differential piece rate system
  4. Gantt's task and bonus system
Question: 1427   In which of the following incentive plan of wages payment, wages on time basis are NOT guaranteed?
  1. Halsey plan
  2. Rowan plan
  3. Taylor's differential piece rate system
  4. Gantt's task and bonus system
Question: 1429   Which of the following methods of wage payment is most suitable where quality and accuracy of work is of primary importance?
  1. piece rate system
  2. differential piece work system
  3. time rate system
  4. Halsey premium system

Answers to the questions of Accounting on this page

Following list gives the correct choice for the answer of the Accounting mcqs.
1323 . C       1325 . B       1329 . B       1330 . C       1335 . D       1336 . A       1337 . C       1339 . B       1340 . B       1344 . C       1427 . C       1429 . B      

Select Page Number

Accounting Page 1Accounting Page 2Accounting Page 3Accounting Page 4Accounting Page 5Accounting Page 6Accounting Page 7Accounting Page 8Accounting Page 9Accounting Page 10Accounting Page 11Accounting Page 12Accounting Page 13Accounting Page 14Accounting Page 15Accounting Page 16Accounting Page 17Accounting Page 18Accounting Page 19Accounting Page 20Accounting Page 21Accounting Page 22Accounting Page 23Accounting Page 24Accounting Page 25Accounting Page 26Accounting Page 27Accounting Page 28Accounting Page 29Accounting Page 30Accounting Page 31Accounting Page 32Accounting Page 33Accounting Page 34Accounting Page 35Accounting Page 36Accounting Page 37Accounting Page 38Accounting Page 39Accounting Page 40Accounting Page 41Accounting Page 42Accounting Page 43Accounting Page 44Accounting Page 45Accounting Page 46Accounting Page 47Accounting Page 48Accounting Page 49Accounting Page 50Accounting Page 51Accounting Page 52Accounting Page 53

MCQ for Practicing Subject Tests

Biology Chemistry Computer Sciences Management Physics Other Subjects
USA College Scholarships Computer Sciences MCQ Management Sciences MCQ Physics MCQ Chemistry MCQ Biology MCQ

----------------------