2020 MCQ Question paper
Financial Accountiing
2020 year financial accounting mcq question paper with answer sheet.
2020 mcq answer
Financial Accounting BCA Second Semester
1 b
2 b
3 a
4 b
5 c
6 d
7 a
8 b
9 a
10 c
Model Question paper
Yearly Question paper
Financial Accounting 2021(2078)
Bachelor in computer Applications Full Marks:60
Course Title: Financial Accounting Pass Marks: 24
Code No: CAAC152 Time: 3 hours
Semester: II
Group A
i. What is a Full form of GAAP?
a. Generally accepted principles,
b. Generally accepted accounting principles
c. Government accepted accounting principles.
d. General administrative and accounting process.
ii. What is the journalizing rule of a personal Account?
a.Debit cash A/C and credit personal A/C
b. Debit the receiver and credit the giver
c. Debit what comes in credit what goes out
d. Debit expenses and losses and credit incomes and gains
iii. Subsidiary books is known as……….
a. Sub-division of assets
b. Sub-division of ledger
c. Sub-division of assets
d. Sub-division of liability
iv. We prepare profit and loss accounts for ……..
a. Determination of gross profit
b. Determination of net profit
c. Determination of cost of production
d. Determination of financial position
v. Which transaction is recoded with purchase book?
a. Cash purchase
b. Cash purchase of assets
c. Credit purchase of goods
c. Credit purchase of assets
vi. Out of the following, which one is not feature of company?
a. Artificial person
b. Common seal
c. Limited liability
d. Prospectus
vii. Double entry of accounting refers to………..
a. Every transaction has twofold equal effects.
b. Every transition record in account
c. Only monetary transaction records in account
d. Credit of cash
viii. A company is purchased a machine at Rs. 100,000 with 4 years life and zero salvage value, what is the amount of depreciation per year under straight line method.
a. Rs. 20,000
b. Rs. 25, 000
c. Rs. 30,000
d. Rs. 31,300
ix. A business required 32,000 units per year, ordering cost per order Rs. 500 and carrying cost per unit Rs. 20 Determine EOQ of business?
a.4,000 unit
b. 3,000 units
c. 5,000 units
d. 2,000 units
x. A company having 1000,000 authorized share @Rs. 100 each. Company issued 50 percent of authorized capital and subscribed 400,000 shares and paid fully. Which one is subscribed capital?
a. Rs. 10,00,00,000
b. Rs. 5,00,00,000
c. Rs. 4,00,00,000
d. Rs. 8,00,00,000
- install our bcanotesnepal application from playstore : BCA Notes NepalDo not forget to like our facebook page : www.facebook.com/bcanotesnepal
Facebook Groups https://www.facebook.com/groups/bcanotesnepal
Join In our Facebook Group https://www.facebook.com/groups/1200219363518714/
if you need a Downloadable link once message us on-page you can get at a time.
This post is posted for not further third-party purposes.
Copyright By:- Bcanotesneapl
Not allow to upload this notes in other sites.
Like our Facebook Page https://www.facebook.com/bcanotesnepal/
if you want to download this PDF comment on us we will provide you a downloadable link.
if you like please share this post with your friend who studies in BCA
if you have any query please comment below,
if you like our sites. you can visit again for the latest updates notes of different BCA subject of Presentation and different topics with assignment question and solution.
Don’t forget to like our page and post also share with your friend and having your group.
if you have any questions you can drop or share them with me using the comment box I will try to give an answer to your question.
Like our Facebook Page https://www.facebook.com/bcanotesnepal/
