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.

Credit purchase of plant and machinery is recorded in which of the following journals?

A: General journal

B: Cash journal

C: Purchase journal

D: Purchase return journal

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General journal

Debit note is the basis for recording a transaction in which of the following journals?

A: General journal

B: Cash journal

C: Purchase journal

D: Purchase return journal Read More Details about this Mcq

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Purchase return journal

SALE of old furniture will be recorded in which of the following specialised journals?

A: Purchase journal

B: Sales journal

C: General journal

D: Cash receipt journal

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General journal

Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?

A: Purchase journal

B: Sales return journal

C: General journal

D: Cash receipt journal

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Sales return journal

Which of the following specialized journals records œgoods returned by customers?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Sales return journal

Sales on credit is recorded in which of the following journal?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Sales journal

Transactions that a BUSINESS doesnt record in any specialised journal are recorded in which of the following journals or day books?

A: Cash payments journal

B: Cash receipts journal

C: Purchases return journal

D: General journal

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General journal

Another name of journal is_____________?

A: Specialized journal

B: Day book

C: Cash book

D: Record book

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Day book

Which of the following specialised journals will record œgoods returned by the BUSINESS œ?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Purchases return journal

Which of the following account with normal balance is shown at the debit side of a trial balance?

A: Rent income account

B: Creditors account

C: Unearned income account

D: Cash account

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Cash account

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