AAT Mock Test 9 - Online MCQ Exam

The adjustment to be made for income received in advance is:

1 Mark(s)

Your Answer:

Add income received in advance to respective income and show it as a liability
Deduct income received in advance from respective income and show it as a liability
Add income received in advance to respective income and show it as asset
Deduct income received in advance from respective income and show it as an asset in the Balance Sheet

In a Circle of Radius 5 cm if AB and AC are two equal chords of length 6cm each, then the length of chord BC is___________?

1 Mark(s)

Your Answer:

24/5 cm 24/5 cm
12/5 cm 12/5 cm
7/5 cm 7/5 cm
None of these None of these

A sum becomes $₹8000$ in \$2$ years and $₹9200$ in \$3$ years at compound interest. Find the principal.

1 Mark(s)

Your Answer:

₹5800 ₹5800
₹6000 ₹6000
₹6200 ₹6200
₹6048 ₹6048

If the line segment is extended in two directions indefinitely from each of the two points then it is classified as:

1 Mark(s)

Your Answer:

intersecting line intersecting line
plane plane
line line
ray ray

The product of -140 and +8 is:

1 Mark(s)

Your Answer:

1120 1120
3200 3200
−1120 −1120
−3200 −3200

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

1 Mark(s)

Your Answer:

7401.22 7401.22
3456 3456
4567 4567
7890 7890

_________ is the first phase of accounting cycle?

1 Mark(s)

Your Answer:

Identifying an economic event or transaction
Preparing journals Preparing journals
Posting entries to ledger accounts Posting entries to ledger accounts
Making decisions about business Making decisions about business

The risk of management fraud increases in the presence of ______?

1 Mark(s)

Your Answer:

Management incentive based on sales done in a quarter
Frequent changes in supplies Frequent changes in supplies
Improved internal control system Improved internal control system
None of these None of these

If the nominal rate is 26% and the inflation rate is 12%, then the real rate can be __________?

1 Mark(s)

Your Answer:

13.75% 13.75%
11.65% 11.65%
12.50% 12.50%
13.50% 13.50%

Product of –$\frac{2}{11}$ and –$\frac{11}{8}$ is:

1 Mark(s)

Your Answer:

A) –$\frac{1}{4}$ A) –$\frac{1}{4}$
B) $\frac{1}{8}$ B) $\frac{1}{8}$
C) $\frac{1}{4}$ C) $\frac{1}{4}$
D) none of these (\frac{1}{4}\) D) none of these (\frac{1}{4}\)

A car can travel 360km with a ¾ full tank. How many km can it travel with a 2/3 full tank?

1 Mark(s)

Your Answer:

400 400
320 320
240 240
300 300

The following table shows the ages of 5 ladies. Illustrate this using a bar graph and answer the following questions.

1 Mark(s)

Your Answer:

A) Who is the youngest of all ? A) Who is the youngest of all ?
B) Who is twice as old as Shalini ? B) Who is twice as old as Shalini ?
C) By how many years, Apama is older than Meenu.
D) What is the ratio of the ages of Vimla and Apama ?

Walking 6/7th of his usual speed, a man is 12 minutes too late. What is the usual time taken by him to cover that distance?

1 Mark(s)

Your Answer:

1 hr 42 min 1 hr 42 min
1 hr 1 hr
2 hr 2 hr
1 hr 12 min 1 hr 12 min

What is $\frac{13}{18} + \frac{5}{18}$?

1 Mark(s)

Your Answer:

1 1
$\frac{17}{18}$ $\frac{17}{18}$
$\frac{19}{18}$ $\frac{19}{18}$
$\frac{8}{9}$ $\frac{8}{9}$

I. 9a2 + 18a + 5 = 0, II. 2b2 + 13b + 20 = 0 to solve both the equations to find the values of a and b?

1 Mark(s)

Your Answer:

If a > b If a > b
If a ≥ b If a ≥ b
If a < b If a < b
If a ≤ b If a ≤ b

A student who secures 20 % marks in an examination fails by 30 marks. Another student who secures 32 % marks gets 42 marks more than those required to pass. The percentage of marks required to pass is:________?

1 Mark(s)

Your Answer:

20% 20%
25 % 25 %
28% 28%
30% 30%

The budgeted quantity of output unit is 250 and budgeted overhead fixed cost is $150, then budgeted fixed overhead output unit will be __________?

1 Mark(s)

Your Answer:

$67,500 $67,500
$57,500 $57,500
$47,500 $47,500
$37,500 $37,500

In the context of data, what is a dot plot used for?

1 Mark(s)

Your Answer:

A) To show the frequency of numbers A) To show the frequency of numbers
B) To show the relationship between variables
C) To show averages C) To show averages
D) To display data in a tabular format D) To display data in a tabular format

The angle of a major segment is

1 Mark(s)

Your Answer:

A) acute A) acute
B) right B) right
C) obtuse C) obtuse
D) straight. D) straight.

The maximum value in the class limit is called:

1 Mark(s)

Your Answer:

primary limit primary limit
upper limit upper limit
lower limit lower limit
secondary limit secondary limit

The plane with five edges as its sides is called:

1 Mark(s)

Your Answer:

octagon octagon
quadrilateral quadrilateral
pentagon pentagon
hexagon hexagon

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

1 Mark(s)

Your Answer:

Rs.8000, Rs.17000 Rs.8000, Rs.17000
Rs.9000, Rs.16000 Rs.9000, Rs.16000
Rs.18000, Rs.7000 Rs.18000, Rs.7000
Rs.10000, Rs.15000 Rs.10000, Rs.15000

Which of the following is a Kaprekar constant?

1 Mark(s)

Your Answer:

A) 4176 A) 4176
B) 7614 B) 7614
C) 6174 C) 6174
D) 1476 D) 1476

Which of the following is the unit digit in (1570)2 + (1571)2 + (1572)2 + (1573)2?

1 Mark(s)

Your Answer:

2 2
4 4
6 6
7 7

The principal that amounts to Rs. 4913 in 3 years at 6 1/4 % per annum C.I. compounded annually, is_________??

1 Mark(s)

Your Answer:

Rs. 3096 Rs. 3096
Rs. 4076 Rs. 4076
Rs. 4085 Rs. 4085
Rs. 4096 Rs. 4096

On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

1 Mark(s)

Your Answer:

10% 10%
10.5% 10.5%
12% 12%
None of these None of these

The rate of required return to cover the risk of investment, in absence of inflation is classified as ____________?

1 Mark(s)

Your Answer:

real rate of return real rate of return
required rate of return required rate of return
nominal rate of return nominal rate of return
none of above none of above

Sam and John wants to paint a square hall with the length of 12.45cm. The total area (in cm²) Sam and John wants to paint (correct up to six significant figures) is:

1 Mark(s)

Your Answer:

195.002 195.002
185.002 185.002
155.002 155.002
165.002 165.002

The formal method of making choices, considering help of quantitative and qualitative analysis is classified as ____________?

1 Mark(s)

Your Answer:

quantitative analysis quantitative analysis
decision method decision method
qualitative method qualitative method
linearity method linearity method

The sum of returned working capital and net initial investment is divided by 2 to calculate ____________?

1 Mark(s)

Your Answer:

increase in operating income increase in operating income
average investment over five years average investment over five years
average capital invested average capital invested
average rate of return average rate of return

If the sales budget variance for operating income is $58000 and the static budget amount is $15000, then flexible budget amount will be _____________?

1 Mark(s)

Your Answer:

$43,000 $43,000
$73,000 $73,000
$63,000 $63,000
$53,000 $53,000

By solving the inequality 5a > -20, the answer will be:

1 Mark(s)

Your Answer:

a > 5 a > 5
a > -4 a > -4
a > -6 a > -6
a > -7 a > -7

What is \$35\%$ of \$200$?

1 Mark(s)

Your Answer:

65 65
70 70
75 75
80 80

If the budgeted input price is $80 and the price variance is $40, then an actual price will be ___________?

1 Mark(s)

Your Answer:

$20 $20
$120 $120
$40 $40
$60 $60

The formula for the sum of three numbers c, d and e is:

1 Mark(s)

Your Answer:

cde(c + d + e) cde(c + d + e)
c + d + e c + d + e
cd + e cd + e
c + de c + de

The decrease in purchasing power of any monetary unit such as euro, dollars etc. is classified as ___________?

1 Mark(s)

Your Answer:

net investment parity net investment parity
inflation inflation
purchasing parity purchasing parity
buying parity buying parity

In bank reconciliation statement the amount of outstanding checks is added to ________ balance of cash book.

1 Mark(s)

Your Answer:

Adjusted Adjusted
Unadjusted Unadjusted
Understated Understated
Overstated Overstated

If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be ____________?

1 Mark(s)

Your Answer:

16 16
12 12
10 10
14 14

If $x + 27 = 80$, find $x$

1 Mark(s)

Your Answer:

51 51
52 52
54 54
53 53

If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hours, then the overhead rate would be _____________?

1 Mark(s)

Your Answer:

109.87 109.87
$107.78 $107.78
$106.56 $106.56
$104.34 $104.34

Given a circle with centre 0 and smallest chord AB is of length 6 cm and the longest chord CD of the circle is of length 10 cm, then the radius of the circle is:

1 Mark(s)

Your Answer:

A) 15 cm A) 15 cm
B) 6 cm B) 6 cm
C) 5 cm C) 5 cm
D) 3.5 cm. D) 3.5 cm.

A and B go cycling in the same direction with speeds of 6 km/hr and 12 km/hr. A car from behind passes them in 9 and 10 seconds respectively. What is the speed of the car?

1 Mark(s)

Your Answer:

22 km/hr 22 km/hr
33 km/hr 33 km/hr
66 km/hr 66 km/hr
44 km/hr 44 km/hr

Which of the following is a binomial iny?

1 Mark(s)

Your Answer:

A) y 2 + 2 A) y 2 + 2
B) y + $\frac{1}{y}$ + 2 B) y + $\frac{1}{y}$ + 2
C) √7 + √2y C) √7 + √2y
D) y√y + 1 D) y√y + 1

What comes next in the sequence: 2, 4, 10, 28, __?

1 Mark(s)

Your Answer:

74 74
80 80
66 66
82 82

A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630 find the share of A.

1 Mark(s)

Your Answer:

Rs.240 Rs.240
Rs.350 Rs.350
Rs.340 Rs.340
Rs.390 Rs.390

If an actual result is $250000 and the static budget amount is $150000, then the static budget variance for operating income will be ____________?

1 Mark(s)

Your Answer:

$400,000 $400,000
$500,000 $500,000
$100,000 $100,000
$600,000 $600,000

Find the sum of a 2 × 2 grid, if the top left number of the grid is 11.

1 Mark(s)

Your Answer:

A) 61 A) 61
B) 54 B) 54
C) 60 C) 60
D) 66 D) 66

Which of the following is the correct relation between A and B, if A = tan 110 . tan 290, and B = 2 cot 610 . cot 790?

1 Mark(s)

Your Answer:

A = B A = B
A = -B A = -B
A = 2B A = 2B
2A = B 2A = B

A car is running at a speed of 108 kmph. What distance will it cover in 15 seconds ?

1 Mark(s)

Your Answer:

45 metres 45 metres
55 metres 55 metres
450 metres 450 metres
Cannot be determined Cannot be determined

6 men and 8 women can complete a work in 10 days. 26 men and 48 women can finish the same work in 2 days. 15 men and 20 women can do the same work in_______days.

1 Mark(s)

Your Answer:

4 days 4 days
6 days 6 days
2 days 2 days
8 days 8 days

Area of a parallelogram is equal to

1 Mark(s)

Your Answer:

A) Base × Corresponding altitude A) Base × Corresponding altitude
B) $\frac{1}{2}$ × Base × Corresponding altitude
C) $\frac{1}{3}$ × Base × Corresponding altitude
D) $\frac{1}{4}$ × Base × Corresponding altitude

What is the 100th term of the sequence 1, 1, 1, 1, ……….?

1 Mark(s)

Your Answer:

A) 1 A) 1
B) 100 B) 100
C) 50 C) 50
D) 200. D) 200.

The process of recording is done?

1 Mark(s)

Your Answer:

Two times a year Two times a year
once a year once a year
Frequently during the accounting period Frequently during the accounting period
At the end of a accounting period At the end of a accounting period

How many shots of 1cm radius can be prepared from a sphere of 3cm radius?

1 Mark(s)

Your Answer:

36 36
64 64
27 27
16 16

In Pakistan, financial statements of limited companies are prepared according to ______?

1 Mark(s)

Your Answer:

Companies Ordinance 1984 Companies Ordinance 1984
International Accounting Standards adopted in Pakistan
Both A and B Both A and B
None of these None of these

Assertion (A): If two internal opposite angles of a triangle are equal and the external angle is 110°, then each internal angle is 50°. Reason (R): A triangle with one of its angles as 110° is called an obtuse-angled triangle. In the given question, a statement of Assertion is followed by a statement of Reason. Choose the correct option as:

1 Mark(s)

Your Answer:

A) Both assertion and reason are true and the reason is the correct explanation of assertion.
B) Both assertion and reason are true but the reason is not the correct explanation of the assertion.
C) Assertion is true and the reason is false.
D) Assertion is false and the reason is true.

The H.C.F of two numbers is 23 and the other two factors of their L.C.M are 13 and 14. The larger of the two numbers is___________?

1 Mark(s)

Your Answer:

276 276
299 299
322 322
345 345

Evaluating Your Answers

AAT Mock Test 9 : Question 1 of 57