

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.
Revenue receipts are shown in___________?
A: Balance Sheet
B: Profit and Loss appropriation A/c
C: Manufacturing A/c
D: Trading and Profit and Loss A/c
Trading and Profit and Loss A/c
Which of these transactions will not be recorded in cash book?
A: Cash received from debtors
B: Cash paid to creditors
C: Salary remained outstanding
D: Cash deposited with bank
Salary remained outstanding
The closing balance of a petty cash book is a / an___________?
A: Liability
B: Gain
C: Assets
D: Loss
Assets
Which column of a cash book will not have credit balance___________?
A: Bank column
B: Discount column
C: Cash column
D: None
Cash column
Petty cash balance is a/an___________?
A: Assets
B: Expenditure
C: Liability
D: None
Assets
Which of these is a Part of cash in hand?
A: Postage stamps
B: B/R
C: Cheque Deposited with Bank
D: B/R endorsed
Postage stamps
Which of the following is a Real A/c?
A: Salary A/c
B: Bank A/c
C: Building A/c
D: Goodwill A/c
Building A/c
Which of the following is a representative Personal A/c?
A: Outstanding Salary A/c
B: Rent A/c
C: SBI A/c
D: Bad debts A/c
Outstanding Salary A/c
Which of the following is a Nominal A/c ?
A: Outstanding Salary A/c
B: Rent A/c
C: SBI A/c
D: Debtors A/c
Rent A/c
In a three column cash book_______________does not exist?
A: Cash column
B: Bank column
C: Petty cash column
D: Discount column
Petty cash column
