MGT401 MCQs Solved.doc

7/27/2019 MGT401 MCQs Solved.doc

1/16

Quiz will cover video lecture no. 01 to 23

MC090205909 : Sidra Ashraf

Quiz Start i!e: 10:"# AM i!e $eft ##

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Question ' 1 of 10 % Start ti!e: 10:"#:21 AM & otal Mar(s: 1

)f A*C Co. ac+uires the ,roduction ri-hts fro! / Co. as ,art of its usiness

co!ination then at which value A*C will record the cost of ac+uirin- the

,roduction ri-hts in its oo(s of accounts at the ti!e of ac+uisition

Select correct o,tion:

air 4alue

*oo( value

ealization 4alue

e,lace!ent 4alue


Quiz Start i!e: 10:"# AM i!e $eft 67

sec%s&


2/16

Question ' 2 of 10 % Start ti!e: 10:"9:"" AM & otal Mar(s: 1

$)8 !eans


$ast)nirst8ut

$ar-e )nte-rated inancial 8r-anizationhe $ast)nirst8ut !ethod of a,,roi!atin- the cost of stoc(

;one of the -iven o,tions


Quiz Start i!e: 10:"# AM i!e $eft 23

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Question ' 3 of 10 % Start ti!e: 10:50:21 AM & otal Mar(s: 1

Accu!ulated

de,reciation is s. "0=000> and ?e,reciation for the @ear is s. 20=000


s. 1"0=000

s. 170=000

s. #0=000

s. 70=000


Quiz Start i!e: 10:"# AM i!e $eft 7#

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Question ' " of 10 % Start ti!e: 10:51:32 AM & otal Mar(s: 1


3/16


4/16


5/16


6/16

Software licensin-

o@alt@

roduction ri-hts

All of the -iven o,tions

MC090202991 : S@ed ShaDait Ali *u(hari

Quiz Start i!e: 11:05 AM i!e $eft #5

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7/16

Cash low State!ent

resentation of inancial State!ents

Barnin- ,er share



sec%s&


A ,erson who ac+uires shares in a Co!,an@ is (nown as a:


?irector

Shareholder

artner

Mana-er


Quiz Start i!e: 11:05 AM i!e $eft 65

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Question ' " of 10 % Start ti!e: 11:07:0# AM & otal Mar(s: 1


8/16

Accu!ulated rofit

?ividend a@ale



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Question ' 5 of 10 % Start ti!e: 11:06:27 AM & otal Mar(s: 1Accordin- to )AS2# an EAssociateF is


An entit@ in which an investor has si-nificant influence and it is not a Doint venture

of the investor.

An entit@ in which an investor has si-nificant influence and it is neither a Doint

venture nor susidiar@ of the investor.

An entit@ in which an investor has si-nificant influence and it is not a susidiar@ of

the investor.

An entit@ in which an investor has si-nificant influence and it is holdin- entit@ of

the investor.



sec%s&

Question ' 7 of 10 % Start ti!e: 11:0#:15 AM & otal Mar(s: 1

*@ recordin- de,reciation in the oo(s of accounts= what a co!,an@ ensures aout

the cost of non current assets which ,rovide the enefit for their use in usiness


9/16


)t is etendin- over the forecasted ,eriods %not sure&

)t is etendin- over the accountin- ,eriods

)t is etendin- over the ta ,eriods

)t is etendin- over the revenue ,eriods


Quiz Start i!e: 11:05 AM i!e $eft ##sec%s&



10/16


)t should e recorded as a ,art of ca,ital of the usiness

)t should e recorded as noncurrent asset

)t should e recorded as current asset

)t should e recorded as e,ense for the ,eriod


Quiz Start i!e: 11:05 AM i!e $eft #7sec%s&

Question ' 9 of 10 % Start ti!e: 11:11:5# AM & otal Mar(s: 1


11/16

Cost value %not sure&

ealization value

e,lace!ent value


MC090203659 : Gafiz Muha!!ad s!an Munawar


sec%s&


$)8 !eans


$ast)nirst8ut

$ar-e )nte-rated inancial 8r-anization

he $ast)nirst8ut !ethod of a,,roi!atin- the cost of stoc(

;one of the -iven o,tions



sec%s&



12/16

Mone@ Bchan-e Co!,an@

;on *an(in- inance Cor,oration

rade or-anization uHs "2 of the Co!,anies ordinance 19#"

Cor,orate *ro(era-e Gouse


Quiz Start i!e: 11:16 AM i!e $eft #"

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Question ' 3 of 10 % Start ti!e: 11:1#:0# AM & otal Mar(s: 1


13/16

Current assets on asset side

Ca,ital on liailities side

Current liailities on liailities side

;8B

%Sur,lus on evaluation of ied Assets We had discussed that a surplus arising fromrevaluation of fixed assets of as entity is shown separately in the balance sheet. )


Quiz Start i!e: 11:16 AM i!e $eft "1

sec%s&


Conce,t of ca,ital !aintenance is !ost i!,ortant for:


urchase of non current assets

Sources of finance

Measure!ent of ,rofit

elationshi, of det to e+uit@



sec%s&



14/16

he desi-n of tools= Di-s= !oulds and dies involvin- new technolo-@

he desi-n= construction and testin- of ,re,roduction or ,reuse ,rotot@,es and

!odels

he desi-n= construction and o,eration of a ,ilot ,lant



Quiz Start i!e: 11:16 AM i!e $eft #6sec%s&



15/16

Account eceivale

?eenture

$oan -iven to Mr. A for shorter ,eriod

$oan received for! Mr. * for shorter ,eriod



sec%s&

Question ' 9 of 10 % Start ti!e: 11:22:5" AM & otal Mar(s: 1


16/16

Accruals %not sure&

Consistenc@

rudence

Matchin-

The suggestions and improvements have been strongly appreciated

if some one mentioned on the board.Thanks a lot

Documents

MGT401 MCQs Solved.doc