Accounting Practice MCQ Page 34
Multiple Choice questions for Accounting in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 2213 when sales volume increases
- break-even point increases
- total profit will increase
- total loss will increase
- All of the above
Question: 2216 which of the following would cause the greatest increase in the unit contribution margin
- 20% decrease in fixed cost
- 20% increase in selling price
- 20% decrease in variable cost
Question: 2217 what does area ALO represent in diagram in Q. 3.43
- profit
- Fixed cost
- variable cost
- contribution
Question: 2220 what does area ALO represent in diagram in Q. 3.43
- profit
- Loss
- contribution
Question: 2224 what is represented by CD in diagram in Q. 3.43
- key factors
- variable cost
- Contribution
- Margin of safety
Question: 2228 which of the following is NOT an assumption of break-even chart
- Fixed cost does not change in total amount
- variable cost does not change in total amount
- selling price does not change per unit
- company has no stocks
Question: 2233 In calculating cash break-even point, which costs are taken into account
- Fixed cost requiring cash
- variable costs requiring cash
- Both fixed and variable costs requiring cash
- cash fixed cost and all variable costs including credit
Question: 2237 which of the following is not depicted on a break-even chart
- profit/Loss at different level of output
- sales to earn given profit
- contribution
- P/V ratio
Question: 2239 In a break-even chart, angle of incidence is formed by the inter-section of
- sale line and variable cost line
- sale line and total cost line
- variable costs and fixed cost lines
- variable cost and total cost lines
Question: 2271 who has the authority to investigate and regulate all matters of account connected with the police, and all persons concerned shall be bound to give reasonable aid and facilities tn conducting such investigations and to confirm to his orders consequent thereto
- provincial police officer
- capital city police officer
- city police officer
- All of these
Question: 2544 A harmonium enclosed in a sheath is called
- hormocyst
- hormogonium
- trichome
- trichogyne
Question: 3807 Adebit balance on Amitie's account in your sales ledger means that
- Amitabh owes you the money
- you owe Amitabh the mony
- Amitabh has just paid you that amout of money
- Amitabh has returned that amount of goods to you
Answers to the questions of Accounting on this page
Following list gives the correct choice for the answer of the Accounting mcqs.
2213 . B
2216 . B
2217 . A
2220 . B
2224 . D
2228 . B
2233 . C
2237 . D
2239 . B
2271 . D
2544 . A
3807 . A
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MCQ for Practicing Subject Tests