MGT101 Online Quiz....

[Salman Majeed]

Question #　1　of 20
Find out the missing value of an Accounting Equation with the help of given data: Furniture Rs. 90,000 Cash Rs.100, 000 Debtors Rs.10, 000 Other Assets Rs. 1,000 Owner’s equity Rs. 90, 000 Liabilities?
Select correct option:
Rs. 201,000
Rs. 111, 000
Rs. 290, 000
Rs. 291, 000
Question #　2　of 20
The expenses which are NOT paid out of Gross Profit is classified as:
Select correct option:
Direct Expenses
General Expenses
Financial Expenses
Selling Expenses
Question #　3　of 20
Which of the following is NOT a characteristic of Joint Stock Company?
Select correct option:
Separate Legal Entity
Limited Liability of shareholders
Easy formation
Common Seal
　
Question #　4　of 20
Any expense that gives benefit for a period of less than twelve months is called ________.
Select correct option:
Capital Expense
Revenue Expense
Revenue Receipt
Deferred Expense
　
Question #　5　of 20
The process of transferring journal entry information to the ledger is called:
Select correct option:
Journalizing
Posting
Balancing
Analyzing
Question #　6　of 20
Total assets - Total liabilities =?
Select correct option:
Owner’s Equity
Expenses
Retained earnings
Retained earnings
　
Question #　7　of 20
Net profit = Gross profit - _________
Select correct option:
Operating Expenses
Product Cost
Deferred Expenses
Direct Cost
　
Question #　8　of 20
Debit signifies:
Select correct option:
Increase in Asset account
Decrease in liability account
Decrease in capital account
All of the given options
　
Question #　9　of 20
The term "Debit" is drived from______________ language.
Select correct option:
Latin
English
French
Chinese
Question #　10　of 20
A book that keeps separate record for each account is known as:
Select correct option:
Trial Balance
Voucher
General Journal
General Ledger
　
Question #　11　of 20
Which one of the following is called the book of primary Entry?
Select correct option:
General Journal
General Ledger
Trial Balance
Profit and loss account
　
Question #　12　of 20
In an account if credit side > debit side, the balance is known as:
Select correct option:
Negative Balance
Debit Balance
Credit Balance
Positive Balance
Question # 13 of 20
Normally single entry book keeping is followed by the:
Select correct option:
Small businesses only
Governments only
Large scale businesses only
Both Small businesses and Governments
　
Question # 14 of 20
What will be debited, if business sold goods for Rs.10, 000 on credit?
Select correct option:
Cash account
Sales account
Accounts receivable account
Purchases account
　
Question # 15 of 20
An expenditure whose benefit is finished or enjoyed immediately is called:
Select correct option:
Expense
Liability
Cost
Income
Question # 16 of 20
What should be debited, if Sales made to Mahmood for cash?
Select correct option:
Cash account
Mahood account
Sales account
Purchases account
　
Question # 17 of 20
Which of the following is NOT a characteristic of Journal?
Select correct option:
Transactions are recorded in chronological order
Transaction is first recorded in Journal from Voucher
It is also called "The original book of entry"
None of the given options
　
Question # 18 of 20
Consider the following data: Particulars Rs. Assets 1,05,000 Owner's equity 70,000 Liabilities ?
Select correct option:
Rs. 35,000
Rs. 1, 75,000
Rs. 7, 35,000
Rs. 1, 05,000
Question # 19 of 20
Which of the following is Not a part of General Ledger?
Select correct option:
Activity Book
Purchase Return Book
Purchase Book
Sales Book
　
Question # 20 of 20
What will be debited, if business bought goods on credit from Mr. Ali?
Select correct option:
Purchases account
Mr. Ali account
Cash account
Sales account
　
Question # 1 of 20
What should be credited, if salary is paid to Sohail?
Select correct option:
Sohail account
Salaries account
Cash account
Drawings account
Question # 2 of 20
Which of the following is NOT correct?
Select correct option:
Decrease in Assets will be credit
Decrease in Liabilities will be debit
Decrease in Expenses will be debit
Decrease in Revenue will be debit
　
Question # 4 of 20
Which of the following is/are the example/s of Intangible Asset?
Select correct option:
Copy rights
Good will
Patent rights
All of the given options
　
Question # 5 of 20
Which of the following is a FIRST product of accounting cycle?
Select correct option:
Voucher
General Journal
General Ledger
Financial Statements
Question # 6 of 20
What will be debited, if Mohsin commenced business with cash?
Select correct option:
Cash account
Capital account
Drawings account
Proprietor account
Question # 7 of 20
Assets are divided in which of the following categories in balance sheet.
Select correct option:
Current assets, Long term assets and capital assets
Current assets, Long term assets and fixed assets
Current assets, Quick assets and business debts
Current assets, Fixed assets and deferred cost
　
Question # 8 of 20
Find out the missing value of an Accounting Equation with the help of given data: Cash Rs.100, 000 Debtors Rs.10, 000 Other Assets Rs. 1,000 Owner’s equity Rs. 1, 000 Liabilities ?
Select correct option:
Rs. 12,000
Rs. 11,000
Rs. 110,000
Rs. 111,000
Question # 9 of 20
What will be debited, if business purchased Vehicle on cash?
Select correct option:
Vehicle account
Cash account
Business account
Bank account
　
Question # 10 of 20
Franchise rights, goodwill and patents are the examples of:
Select correct option:
Liquid assets
Tangible assets
Intangible assets
Current assets
　
Question # 11 of 20
Consider the following data: Particulars Rs. Assets ? Owner's equity 35,000 Liabilities 90,000
Select correct option:
Rs. 35,000
Rs. 55,000
Rs. 1, 25,000
Rs. 1, 05,000
Question # 12 of 20
What should be credited, if rent paid in cash?
Select correct option:
Landlord’s account
Rent account
Cash account
Accounts receivable account
Question # 13 of 20
Consider the following data: Particulars Rs. Assets 75,500 Owner's equity ? Liabilities 40,200
Select correct option:
Rs. 35,300
Rs. 55,000
Rs. 125,000
Rs. 115,700
　
Question # 14 of 20
Find out the missing value of an Accounting Equation with the help of given data: Total Assets Rs. 34,500 Accounts payable Rs. 1, 000 Other liabilities Rs. 11,500 Owner’s equity ?
Select correct option:
Rs. 22,000
Rs.24, 000
Rs. 45,000
Rs. 46,000
Question # 15 of 20
Which of the following item is found in a Journal entry? (1) Date of each transaction (2) Rupee amount of each debit and credit (3) Explanation of each transaction
Select correct option:
1 only
1 & 2 only
2 & 3 only
1, 2 & 3
　
Question # 16 of 20
Which one of the following will result in increase in revenues?
Select correct option:
Purchased fixed asset
Received discount
Payment to creditors
Return of goods, sold on credit
Question # 17 of 20
Amount generated from sales in a business is called:
Select correct option:
Income
Net Income
Gross Profit
Operating profit
Question # 18 of 20
The expenses which are NOT paid out of Gross Profit is classified as:
Select correct option:
Direct Expenses
General Expenses
Financial Expenses
Selling Expenses
　
Question # 19 of 20
The process of transferring journal entry information to the ledger is called:
Select correct option:
Journalizing
Posting
Balancing
Analyzing
　
Question # 20 of 20
Which of the following is NOT correct?
Select correct option:
Decrease in Assets will be credit
Decrease in Liabilities will be credit
Decrease in Expenses will be credit
Decrease in Revenue will be debit

Asalam O Alaikum, Too all This is Hafiz Salman Majeed From Lahore Send Me Mail On lovelyb...@hotmail.com lovelybo...@yahoo.com Thank You !

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[Lakoda Jin]

 Blue are my answers ,,,

 

                                                                                                    

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                                                                                                                                       JIN

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From: h0sf <h0...@yahoo.com>
To: new-virtual-uni...@googlegroups.com; vustud...@googlegroups.com; vu-st...@googlegroups.com
Sent: Mon, November 16, 2009 2:29:35 PM
Subject: (NVU) IT430 - E-Commerce my Online Quiz....

Quiz Start Time: 02:56 PM Time Left 26 sec(s) Question # 1 of 10 ( Start time: 02:56:45 PM ) Total Marks: 1 Which of the following is NOT an advantage of CSS? Select correct option:   Define the look of your pages in one place Works on version 4 browsers or newer Easily change the look Implement same formatting each time tag is used.

 

 

 

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 71 sec(s) Question # 2 of 10 ( Start time: 02:58:10 PM ) Total Marks: 1 ________ is used to interpret and show contents of the web page. Select correct option:   HTML Notepad Browser Computer

Quiz Start Time: 02:56 PM Time Left 88 sec(s) Question # 3 of 10 ( Start time: 02:58:50 PM ) Total Marks: 1 Which HTML attribute is used to define inline styles? Select correct option:   Styles Text Style CSS

 

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 88 sec(s) Question # 4 of 10 ( Start time: 02:59:54 PM ) Total Marks: 1 Which you will NOT be able to do with CSS? Select correct option:   Add text Position the content Define the look of your pages in one place Change the background color

 

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 88 sec(s) Question # 5 of 10 ( Start time: 03:01:08 PM ) Total Marks: 1 __________ attribute indicates the unique field name for a checkbox. Select correct option:   Type Name Input Value

 

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 85 sec(s) Question # 6 of 10 ( Start time: 03:02:23 PM ) Total Marks: 1 HTML documents are connected with each other by ________. Select correct option:   Big Tag Small Tag Link Tag

None of the given options

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 81 sec(s) Question # 7 of 10 ( Start time: 03:02:56 PM ) Total Marks: 1 Which of the following is true for selection list? Select correct option:   <select name=“field name” size=“no. of items”> <select “name=field name” size=“no. of items”></select> <select name=”field name” size=“no. of items”></select> None of the above

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 87 sec(s) Question # 8 of 10 ( Start time: 03:04:14 PM ) Total Marks: 1 If you want user to select choice from options, then you use ____________. Select correct option:   Forms Radio Buttons Check Boxes Selection List

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 87 sec(s) Question # 9 of 10 ( Start time: 03:05:46 PM ) Total Marks: 1 What is identified by the tag ? Select correct option:   Horizontal frame Bottom Frame Top Frame Vertical Frame

MC090203106 : Haroon Shaukat Quiz Start Time: 02:56 PM Time Left 87 sec(s) Question # 10 of 10 ( Start time: 03:07:14 PM ) Total Marks: 1 A _________ is a web page populated with text boxes, drop-down lists and commands buttons to get information from the user. Select correct option:   Hypertext Link Form Table Button

 

[Raees Shah]

kia yeh theeeeeeek hai ?? ya ghalt plz confirm Jinnnn Question # 6 of 10 ( Start time: 04:44:42 PM )	Total Marks: 1
VU Choose the right one for the code given above.
Select correct option:
No error and no result Error by system Error by browser No Error

[mc090401375 Ahsen Butt]

Guys,

 

I had attempted the quiz and can say with surety that atleast 50% of the Quiz is from the mentioned Quiz in the mail of Salman Majeed. Good Guess.

 

Regards,

[umeed_e_subh]

salam...but u did not share ur quiz like salman majeed....plz try to share ur every quiz...thanx

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Regards
Umeed
MBA 3rd Sem

[Abdul Ghafoor /gmail]

Quiz No. 1	Dated: Nov 17, 09
Dear all, CS101 Quiz will conduct on 21st November 2009.You will be  given 24 hours to solve quiz. You are required to prepare first 15 lectures in this regard.

[mc080405527 Amna Alamgir]

gays any one have cs401 assignment than plz send me

 

[dua]

ANYBODY HAS QUIZ OF CS101

On Nov 17, 4:34 pm, mc080405527 Amna Alamgir <mc080405...@vu.edu.pk>
wrote:

[Ateeq Ur Rehman]

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Best Regards
Ateeq Ur Rehman (bc090200402)
Bachelor - BSc-Computer Science
Virtual University, Pakistan.

[Ateeq Ur Rehman]

[mc090402043 Adeeba Tayyab]

AOA.AP ONLINE QUIZ KE LIYE WWW.VUGUJRANWALA .COM PER JAO IS MAIN AP KO CS101 KE  QUIZ MIL JAIN GHE.OK