Accounting Manager series-9 November 30, 2020December 27, 2020wefru Quiz Accounting Manager series-9 quiz you are applying for a job / interview / Competitive Exams RBB, SSC, MBA, B.Com, BBA Enterence exams Solving quiz you will prepare yourself.. 0 Created on November 29, 2020 By wefru Manager Series 9 TEST YOUR SKILLS BRODLY 1 / 10 81. Sunk costs are: Not relevant for decision making cost to be incurred in future relevant for decision making future costs 2 / 10 82. Information about an item is ______________ if its omission or misstatement might influence the financial decision of the users taken on the basis of that information Concrete Complete Immaterial Material 3 / 10 83. Proposed dividends" is shown in the Balance Sheet of a company under the head: Provisions Reserves and Surplus Current Liabilities Other Liabilities 4 / 10 84. Authorized capital, also known as ominal capital Paid up capital Issues capital None of these 5 / 10 85. Trade Payables are recorded in ______________ Asset side of B/S Liability side of B/S P & L a/c None of the above 6 / 10 86. Cost accounting emerged mainly on account of: Statutory requirements Competition in the market Labour unrest Limitations of financial accounting 7 / 10 87. Rent paid to landlord should be credited to Landlords account Rent account Cash account Expense account 8 / 10 88. The primary objective of management accounting is Prepare final a/c Provide management complete and true information Both (a) & (b) None of these 9 / 10 89. Cost of goods sold= opening stock+ net purchases+ expenses on Purchases – sales Which part of formula is wrong? opening stock net purchases expenses on Purchases sales 10 / 10 90. Interest on drawings is: Expenditure for the business Cost for the business Gain for the business None of the above Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz