MGT401 Final Term All in One MCQs by Sajda

1. to the Companies Ordinance 1984?

Cash Balance Bank Balance

Premises

2. Written down value of an asset = --------------

Original cost – Accumulated depreciation

Original cost – Appreciation Book value – Accumulated depreciation Original cost – Salvage value

3. Which of the following entities is not profit oriented entity?

Sole - proprietorship

Companies

Foundations

4.

Machinery

5. A Partnership firm has a maximum ____ numbers of partners.

20 mgt211 page 23

6. to the Companies Ordinance 1984?

Stock General Stores Spare parts

Bank over draft

7. Which of the following IAS deals with Inventories?

IAS 38 IAS 23

IAS 02

IAS 16

8. Which one of the following is related to IAS 32 & 39?

Property, Plant & Equipment Inventory Financial Statements

Financial Instruments

9.

10. Which of the following meeting is held once in the life of a company?vuzs

Statutory Meeting

Annual General Meeting Extraordinary Meeting Board Meeting 11. Which of the following is NOT a Qualifying Asset?

Power plan being in the process of manufacture Inventories requiring a substantial period for manufacturing Special order for a special inventory that will be manufactured in 5 months

Asset ready for use

12. Which of the following is original and planned investigation undertaken with the prospect of gaining new scientific or technical knowledge and understanding?

Research

Audit

13. Which of the following IAS deals with the Intangible Assets?

IAS 38

IAS 23 IAS 01 IAS 16

14. Which of the following is/are the type(s) of stock for manufacturing concerns?

15. Which one of the following is a method of stock valuation?

16.