Accounting mcq questions and answers for competitive exams

Which method of inventory valuation helps in reducing the burden of income tax in times of rising prices?

Return on total assets ratio is equal to divided by total asset

Which is the determinants of Capital Structure?

Which method of inventory valuation is very useful when prices are falling?

Which of the following steps of purchase decision process is in sequence? (i) Problem recognition (ii) Search for alternative (iii) Evaluation of alternative (iv) Purchase action (v) Post purchase act

Redeemable preference shares is

In case of a limited company, the term fi- nancial statements includes

The dividend on equity shares is only paid when dividend on has already been paid.

is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries.

What are the ways of creating secret reserves?

Which of the following cash flows is not a cash flow from operating activity?

ZBB stands for -

A view that dividend policy of a firm has a bearing on share valuation advocated by James(E) Walter is based on which one of the following assumptions.

The issue of sweat equity shares is authorised by a special resolution passed by the company in the

Which of the following aspects of revenue recognition is not dealt by AS-9?