Accounting Mcqs


Q.  An average cost is also known as________?

a. Variable cost
b. Unit cost
c. Total cost
d. Fixed cost


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Concealment of shortage by delaying the recording of cash receipts is known as_____________?
Category: MBA Questions,   Published by: teswesm
MCQs:  The fundamental objective of the audit of a company is to_____________?
Category: MBA Questions,   Published by: teswesm
MCQs:  The concept of stewardship means that a company’s directors________________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Why do auditors concentrate their efforts on material items in accounts?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is NOT the responsibility of a company’s directors?
Category: MBA Questions,   Published by: teswesm
MCQs:  International auditing standards are issued by the______________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is not true about opinion on financial statements?
Category: MBA Questions,   Published by: teswesm
MCQs:  When an auditor is proposed for removal from office, which one of the following is he NOT permitted to do?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which one of the following is NOT a duty of the auditor?
Category: MBA Questions,   Published by: teswesm
MCQs:  Assuming that it is not the first appointment of the auditor, who is responsible for the appointment of the auditor?
Category: MBA Questions,   Published by: teswesm
MCQs:  The independent auditor’s primary responsibility is to______________?
Category: MBA Questions,   Published by: teswesm
MCQs:  How long is the auditor’s term of office?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is correct in relation to materiality?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which one of the following is NOT considered to be part of planning?
Category: MBA Questions,   Published by: teswesm
MCQs:  Audit risk is composed of 3 factors. Which of the following is NOT one of those factors?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following should NOT be considered at the planning stage?
Category: MBA Questions,   Published by: teswesm
MCQs:  At the planning stage you would NOT consider____________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following describes sampling risk?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is NOT an accepted method of selection in sampling?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following are you unlikely to see in the current file of auditors’ working papers?
Category: MBA Questions,   Published by: teswesm