Business Administration (M.Sc)

Q: A good Cost Accounting System is?

(a) :  If it computes estimated cost only
(b) :  If it cannot be reconciled with financial accounts
(c) :  If it enables management to increase productivity and rationalize cost
(d) :  If it enables management to increase productivity and rationalize cost structure
(e) :  none
Answer:  If it enables management to increase productivity and rationalize cost structure
Explanation:  

Q: The maximum number of partners in Pakistan can be fixed at the following?

(a) :  20
(b) :  50
(c) :  70
(d) :  80
(e) :  none
Answer:  20
Explanation:  

Q: The discount account is a?

(a) :  Personal account
(b) :  Real account
(c) :  Nominal account
(d) :  Asset account
(e) :  none
Answer:  Nominal account
Explanation:  

Q: A quantitative expression of management objectives is an?

(a) :  Organizational chart
(b) :  Management chart
(c) :  Budget
(d) :  Procedural chart
(e) :  none
Answer:  Procedural chart
Explanation:  

Q: Stratified audit sample means?

(a) :  Randomly selected items for audit
(b) :  Purposively selected items for audit
(c) :  Items carefully selected from each group
(d) :  All of these
(e) :  none
Answer:  Randomly selected items for audit
Explanation:  

Register now to view all Question's.

Sign in OR Sign Up


Back to top