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CG Vyapam Sub Auditor Practice Questions - CG Vyapam Sub Auditor (Upa Ankekshak) Recruitment Examination Exam

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About this Exam

Prepare with the CG Vyapam Sub Auditor Practice Questions - CG Vyapam Sub Auditor (Upa Ankekshak) Recruitment Examination Exam practice quiz. This question bank includes 100 questions covering company, auditor, ratio, audit, and calculate. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
Which accounting principle states that business transactions should be recorded separately from the personal transactions of the owners?
Going concern concept
Business entity concept
Money measurement concept
Dual aspect concept
Question 2
From the following details, calculate the Gross Profit of the firm: Sales = ₹3,50,000; Opening Stock = ₹40,000; Purchases = ₹2,40,000; Direct Wages = ₹20,000; Closing Stock = ₹50,000.
₹1,10,000
₹90,000
₹1,00,000
₹70,000
Question 3
A machine was purchased for ₹1,20,000 with an estimated useful life of 5 years and a scrap value of ₹20,000. What is the annual depreciation under the straight-line method?
₹20,000
₹24,000
₹16,000
₹10,000
Question 4
A company purchases machinery for ₹2,00,000. Depreciation is charged at 10% per annum under the Written Down Value (WDV) method. What will be the book value of the machinery at the end of the second year?
₹1,80,000
₹1,60,000
₹1,62,000
₹1,70,000
Question 5
A and B are partners sharing profits in the ratio of 3:2. They admit C as a new partner for a 1/5th share in the profits. What will be the new profit-sharing ratio of A, B, and C?
12 : 8 : 5
3 : 2 : 1
9 : 6 : 5
15 : 10 : 5

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Additional Information

CG Vyapam Sub Auditor Practice Questions - CG Vyapam Sub Auditor (Upa Ankekshak) Recruitment Examination Exam

This practice set contains 100 questions from the matching question bank and focuses on company, auditor, ratio, audit, and calculate. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Frequently Asked Questions

This quiz contains a total of 100 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

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