Top 150+ Solved Special Accounting MCQ Questions Answer
Q. Investment made to earn regular income
a. marketable securitie
b. fixed investments
c. Trade Investments
d. short term investments
Q. The price quoted includes interest
a. cum interest
b. ex-interest
c. excluding interest
d. None of these
Q. Ex – dividend quotation ………………………………
a. including dividend
b. excluding dividend
c. excess of dividend
d. cumulative of dividend
Q. In respect of government security the price quoted is usually
a. Ex- interest
b. cum interest
c. including interest
d. none of above
Q. Short term investments made out of idle cash are called
a. marketable securitie
b. fixed investments
c. trade investments
d. none of these
Q. Trade investment are investment made for ……………. Period
a. short period
b. long period
c. Two years period
d. None of these
Q. Ex – interest means ……………………………..
a. Inclusive of interest
b. Including interest
c. Excluding interest
d. None of these
Q. Cum – interest means ………………………………………
a. Excluding interest
b. Exclusive of interest
c. cumulative interest
d. none of the above
Q. Investment made for long period are called ……………………
a. marketable securitie
b. Temporary investments
c. Trade investment
d. Short investment
Q. ………………….. investment made for earning regular income
a. short term investment
b. marketable securities
c. Temporary investment
d. Trade investment
Q. Investment in government debentures , bonds etc. come under ………
a. variable income bearing securities
b. Temporary income bearing securities
c. Fixed income bearing securities
d. none of the above
Q. A ledger maintained where separate investment account prepared for a particular scrip is known as ………………………..
a. investment ledger
b. purchase ledger
c. Sales ledger
d. none of these
Q. When bonus share are received the average cost of the existingshares are …………………………….
a. Reduced
b. Increased
c. equal
d. none of these
Q. Bonus shares are issued by ……………….. free reserves
a. Generalizing
b. Capitalizing
c. equalizing
d. None of these
Q. Bonus shares are issued out of ……………………………………………….
a. capital reserve
b. free reserve
c. share premium
d. none of these