CSS Economics Solved Mcqs

Q.  In which year was the Indian Contract Act passed?

a. 1850
b. 1872
c. 1926
d. 1939


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MCQs:  A schedule of balances drawn from the ledger is called:
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MCQs:  Goodwill of a firm represents:
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MCQs:  A bank account is a:
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MCQs:  Prepaid expenses appearing in a trial balance will figure in the:
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MCQs:  Sale of old furniture on credit will appear in the:
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MCQs:  The excess of current assets over current liabilities is called:
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MCQs:  Depreciation is the process of:
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MCQs:  What is the objective of cost accounting?
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MCQs:  What is Conersion Cost?
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MCQs:  In an integrated costing system, most of the data relevant to cost accounting comes from the:
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MCQs:  Which method of costing is used by sugar mills?
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MCQs:  Premium on redemption of debentures is accounted for in the:
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MCQs:  After debentures are redeemed, the balance in the sinking fund account is transferred to:
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MCQs:  To the extent redemption of preferece shares takes place out of profits, an equal amount has to be transferred to:
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MCQs:  When shares are forfeited, the share capital account is debited by:
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MCQs:  The profit on re-issuing forfeited shares is transferred to:
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MCQs:  The share application account is a:
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MCQs:  The excess of purchase price over net assets is:
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MCQs:  In the balance sheet of a company, the items goodwill, patents and trade marks are shown under the heading:
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MCQs:  A preliminary expense is a:
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