NTS Accounting MCQs | Accounting Questions for NTS Test

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NTS Accounting Multiple Choice Questions (MCQs). Accounting MCQs for NTS Test. Basics of Accounting and Auditing, Accounting theory and practice questions (NTS Test Preparation Material). Link to NTS Accounting MCQs (PDF) is given below.

FEATURED ACCOUNTING MCQ
1. A business has incurred following costs in a financial year:
I. Extension in building = $2 million
II. Repairs to building = $0.4 million
III. Overhaul to machinery that increased production capacity = $0.5 million
What is the amount of capital expenditure incurred during the year?
(A) $2 million
(B) $2.4 million
(C) $2.5 million
(D) $2.9 million

ANSWER: NTS ACCOUNTING MCQ
1. (C) $2.5 million

NTS ACCOUNTING TEST PREPARATION MATERIAL
Accounting MCQs

NTS ACCOUNTING MCQS (PDF)
Download Accounting MCQs for NTS test preparation in PDF from this section.