Management Sciences MCQs
These Management Sciences MCQs are for public service commission exams and BBA, and MBA students to prepare for their examinations. All MCQs are prepared after having a look at past papers of public service commission examinations held from time to time. These Management Science questions are very important for all types of tests conducted by FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, STS, ETEA, and other testing agencies of Pakistan.
Depreciation Account appearing in the Trial Balance is shown in:
A: Profit and Loss A/c
B: Trading A/c
C: Deducted from the concerned assets A/c
D: Shown on the liability side
Profit and Loss A/c
Profit on sale of old plant is:___________?
A: In Trading A/c
B: In Profit and Loss Appropriation A/c
C: Profit and Loss A/c
D: Being a non operating item ignored
Profit and Loss A/c
Carriage on goods purchased is shown in:___________?
A: Profit and Loss A/c
B: Capitalized with work in progress
C: Trading A/c
D: Shown in Balance Sheet
Trading A/c
Which of these is not an operating income?
A: Income from sale of trading goods
B: Bad debts recovered
C: Interest on FDs
D: None
Interest on FDs
Riaz holds an average inventory of 36,000(CP) with an inventory turnover of 5 times. If the firm makes a gross profit of 25% on sales, find the total sales of the company.
A: 2,40,000
B: 2,10,000
C: 2,00,000
D: 1,80,000
2,40,000
From the following details what will be the partners commission? Net profit before charging partners commission 65,000. Partners commission @ 11% after charging such commission.
A: 6441
B: 5431
C: 7654
D: 9876
6441
From the following details what will be the partners commission? Net profit before charging partners commission 65,000. Partners commission 11% before charging such commission
A: 6441
B: 5431
C: 7150
D: 5876
7150
Arrangement of Balance Sheet in a logical order is known as __________?
A: Dressing Balance Sheet
B: Marshalling Balance Sheet
C: Formatting Balance Sheet
D: Make up of Balance Sheet
Marshalling Balance Sheet
Find the value of opening stock from the following data. Purchases 1,50,000, Closing stock 30,000 Sales 2,20,000, Gross profit 40,000.
A: 50,000
B: 55,000
C: 60,000
D: 65,000
60,000
A Bill of Exchange is drawn on 1st April, 2018 payable after 3 months. The due date of the bill is?
A: 30th June,2018
B: 1st July,2018
C: 4th July,2018
D: 4th August,2018 Read More Details about this Mcq
4th July,2018