Accounting Concepts MCQs Quiz Online PDF Download

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MCQs on Accounting ConceptsQuiz PDF Download

MCQ: Higher and accurate budgeted profit forecast of managers lead to

  1. high incentive bonus
  2. low incentive bonus
  3. influence bonus
  4. revenue bonus


MCQ: Cash receipts are added in to beginning cash balance to calculate

  1. total goods manufactured
  2. total cash available
  3. total revenue
  4. total goods sold


MCQ: Direct labor, salary outlays and direct material purchases are classified as

  1. price disbursements
  2. cash disbursements
  3. budget disbursements
  4. goods disbursements


MCQ: Schedule of expected disbursements and cash receipts is considered as

  1. planned schedule
  2. cash budget
  3. market budget
  4. price schedule