Corporate Accounting Mock Test

Refer to Corporate Accounting Mock Test below. Students of BCom Corporate Accounting can do the below online test and refer to the full list of free Corporate Accounting BCom Mock Online Test provided below. These online Mock tests for BCom Corporate Accounting have been designed based on the pattern of questions expected to come in the upcoming examinations and the latest syllabus. This Corporate Accounting Mock Test is a free online mock practice test based on the important multiple choice questions (MCQs) from your BCom syllabus. The test for the topic Corporate Accounting includes a series of carefully selected questions with four options each as you can see below. Whether you’re a first-year, second-year, or final-year BCom student, this test will help you revise key questions that are likely to appear in your semester exams or university assessments.

Online Mock Test for BCom Corporate Accounting

In the Mock test for BCom Corporate Accounting you can see the list of questions below with options out of which you have to select one correct answer and after completing the test you can check your answers and score. This mock test will help students to check understanding of all topics in Corporate Accounting. Mock tests for Corporate Accounting are a proven way to boost BCom exam performance. The more you practice, the more confident you become in your exams. Our BCom: Corporate Accounting Online Mock Test will help you understand the subject better and prepare for exams more effectively

BCom Corporate Accounting Mock Test

1. The global key professional accounting body is

2. The original amount of preference share capital should be transferred to ...... account in the time of amalgamation in the books of vendor co

3. Which type of asset class includes those assets which have only definite use and become valueless when the yield is over?

4. As per AS-14 purchase consideration is what is payable to

5. International Public Sector Accounting Standards were issued by

6. The system of recording based on dual aspect concept is called:

7. Unquoted shares means.....

8. In case of public limited company, after getting the-----------the company can start the business

9. In external liquidations, there is one liquidation and one ...

10. In case of ......., one existing company takes over the business of another company and no new company is formed.

11. In the case of ..... only one of the combining companies survives and the other losses its separate identity.

12. The share capital, to the extent already held by the purchasing company, is closed by the vendor company by crediting it to:

13. Preparation of consolidated statement as per AS 21 is

14. The long term assets that have no physical existence but, possess a value is known as,

15. Net Assets minus Capital Reserve is.....

16. Financial accounting is concerned with -

17. Pre-acquisition profit in subsidiary company is considered as:

18. When one of the existing companies take over business of another company or companies, it is known as ......

19. Depreciation arise because of......

20. The assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,

21. While calculating purchase price, the following values of assets are considered

22. When purchasing company pays purchase consideration, it will be debited to

23. While calculating purchase consideration ........ values of assets is to be considered.

24. Loss Prior to incorporation is treated as ...... Loss, and Vendor's Salaries are chargeable to ........ incorporation period.

25. Which of these best explains fixed assets?

26. Net Assets minus Capital Reserve is _________

27. When the purchasing company bears the liquidation expenses, it will debit the expenses to

28. Excess of paid up value of the shares over cost of investment is considered as:

29. Holding Co. share in revenue profits of subsidiary company is adjusted in :

30. Accounting principles are generally based upon:

31. Which of the following statement is correct?

32. Fixed assets and current assets are categorized as per concept of:

33. ..........method the amount of depreciation expenses remains same throughout the useful life of a fixed assets

34. In which of the following cases, accounting estimates are needed?

35. Profit earned after acquisition of share is treated as

36. Trade Payables are recorded in....

37. Shares received from the new company are recorded at -

38. The process of recording financial data up to trial balance is

39. The original amount of preference share capital should be transferred to ...... account in the time of amalgamation in the books of vendor co.

40. In company Final Accounts Goodwill is shown under...

41. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as .........

42. If the intrinsic values of shares exchanged are not equal, the difference is paid in ......

43. In absorption there is one ....and no formation.

44. Premium received on issue of shares cannot be utilised for ---------.

45. A liability which can be measured only by using a substantial degree of estimation is called.....

46. If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt ....... accounting policies.

47. A contributory is:

48. Under Ind AS 16, which of the following is not allowable as a directly attributable cost of a machine?

49. A past member is not liable to contribute:

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BCom Mock online test Corporate Accounting

The above link for Corporate Accounting Mock Test will help you to check your understanding of all important concepts which have been prepared based on latest BCom syllabus. The free online mock tests for Corporate Accounting should be used by BCom students to check their understanding. We bring here the biggest collection of Corporate Accounting BCom MCQ Test to help you prepare properly and get highest rank in exams. Students can attempt the mock tests for BCom as many number of times as these mock online tests for BCom Corporate Accounting have been developed by our teachers after thorough review of the latest book and based on pattern of questions in upcoming exams.

How to improve your preparation with BCom Corporate Accounting Mock Test?

The Corporate Accounting mock online tests for BCom has been designed by our teachers to improve your understanding of this chapter. These online mock tests are structured so that it feels like real exam condition for students so that they can build their confidence and accuracy of answers. By daily practicing these MCQ based questions for BCom with answers students will be able to identify key topics to focus on and improve performance. The mock tests have been updated as per the latest NCERT book for BCom to help in your exam preparation.

Why choose to do Corporate Accounting Mock Test?

Daily practicing the Corporate Accounting mock tests for BCom has several benefits as they help to familiarize students with important concepts and effective time management skills. Each mock test for chapter Corporate Accounting given above includes a variety of questions that  have been selected from Question Papers for BCom and cover all important topics so that you have full preparation. After completing the Corporate Accounting Mock Test, students can review the answers to identify mistakes and improve further. Access these free online mock tests anytime and take a step closer to achieving excellence in your BCom exams.

How to do Mock Test for BCom Corporate Accounting?

Follow these simple steps to attempt the test:
a. The Corporate Accounting Mock Test has 30-50 questions for students as per BCom Sample Papers pattern.
b. Each Corporate Accounting question has four options, students of must read the question carefully and choose the correct answer.
c. Answer all questions given above for Corporate Accounting Mock Test.
d. Once you have answered all the Corporate Accounting MCQ based questions, click on the Submit button.
e. Your score of Online test for Corporate Accounting Mock Test will be shown instantly above.
f. To check your mistakes in MCQ based test for Corporate Accounting in BCom for , scroll up and see the correct answers.
g. You can attempt the Corporate Accounting Mock Test as many times to improve your score in BCom exams.

Are these BCom mock tests free?

Yes, all BCom Online Mock Tests are completely free for students.

How many times can I attempt a BCom online test?

There is no limit to the number of attempts and you can practice BCom online tests as many times as you want.

Do I need to sign up to take the BCom tests?

No, no signup is required to attempt our BCom mock tests and direct access is available.

Can I access these tests for BCom on mobile devices?

Yes, our platform is mobile-friendly and you can do BCom online mock tests anytime, anywhere.

Are the BCom questions updated regularly?

Yes, we continuously update our BCom question bank to align with the latest syllabus and exam patterns.