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Accounting & Finance MCQs

Practice Accounting & Finance multiple-choice questions for Hamdard University competitive exams. Each question includes the correct answer and a short explanation, and past-paper questions are marked so you can revise both repeated and fresh material in one place.

$49.50
$50.00
$55.00
$40.50
ExplanationLet X be the original price. 0.90 * X = 45. X = 45 / 0.90 = 50.
20
11
14
10
ExplanationFollowing PEMDAS/BODMAS: 8-4=4, 2*4=8, 3+8=11.
15%
20%
25%
30%
ExplanationDepreciation is (2000-1600)/2000 = 400/2000 = 0.2, which is 20%.
5
8
10
12
ExplanationSubtract 3x from both sides to get 2x - 7 = 13. Add 7 to get 2x = 20, then x = 10.
$600
$800
$900
$1,000
ExplanationSimple Interest = P*R*T = 5000 * 0.06 * 3 = 900.
16m
24m
32m
40m
ExplanationSide length = sqrt(64) = 8. Perimeter = 4 * side = 4 * 8 = 32.
56
66
76
86
Explanation0.15 * 440 = 66.
162
243
324
405
ExplanationEach term is multiplied by 3. 81 * 3 = 243.
40 mph
45 mph
50 mph
55 mph
ExplanationSpeed = Distance / Time = 150 / 3 = 50.
20
24
28
32
Explanationx/4 = 7, so x = 7 * 4 = 28.
360 degrees
540 degrees
720 degrees
900 degrees
ExplanationFormula is (n-2) * 180. For n=5, (5-2) * 180 = 540.
15
25
50
100
ExplanationArea = length * width = 10 * 5 = 50.
Cruel
Kind
Greedy
Hostile
ExplanationBenevolent means well-meaning and kindly.
The project is due, however, I am not ready.
The project is due; however, I am not ready.
The project is due however I am not ready.
The project is due, however I am not ready.
ExplanationA semicolon is required before a conjunctive adverb joining two independent clauses.
Delicate
Robust
Weak
Flimsy
ExplanationRobust means sturdy and strong, which is the opposite of fragile.
Accomodation
Accommodation
Acommodation
Accomodation
ExplanationThe correct spelling requires two 'c's and two 'm's.
walk
walks
walking
walked
ExplanationThird-person singular subject requires the 's' form of the verb.
Decisive
Decidedly
Decision
Decider
ExplanationDecision is the standard noun form of decide.
Noun
Adjective
Adverb
Preposition
ExplanationQuickly modifies the verb 'ran', making it an adverb.
at
on
in
with
ExplanationOn is the appropriate preposition for a position on top of a surface.
Scarce
Plentiful
Minimal
Short
ExplanationAbundant means existing in large quantities, similar to plentiful.
Seeked
Sought
Seeking
Sook
ExplanationSought is the irregular past tense of seek.
Each of the boys are happy.
Each of the boys is happy.
Each of the boys have been happy.
The boys is happy.
ExplanationSubject 'each' is singular, so it requires the singular verb 'is'.
exclusive
exclusively
exclusivity
exclusiveness
ExplanationAn adverb is required to modify the verb 'based'.
National Bank of Pakistan
State Bank of Pakistan
Habib Bank Limited
World Bank
ExplanationThe State Bank of Pakistan is the central bank and primary regulatory authority of the banking system in Pakistan.
To show profit over a period
To show the financial position at a specific date
To record daily sales
To track employee attendance
ExplanationA balance sheet provides a snapshot of assets, liabilities, and equity at a specific point in time.
Venus
Mars
Jupiter
Saturn
ExplanationMars is commonly known as the Red Planet due to iron oxide on its surface.
Imran Khan
Shehbaz Sharif
Nawaz Sharif
Bilawal Bhutto
ExplanationShehbaz Sharif took office as Prime Minister of Pakistan in 2024.
Brazil
India
Australia
Canada
ExplanationThe majority of the Amazon Rainforest is located in Brazil.
Seoul
Beijing
Tokyo
Bangkok
ExplanationTokyo is the capital and largest city of Japan.
Dollar
Euro
Pound Sterling
Yen
ExplanationThe official currency of the UK is the Pound Sterling.
Oxygen
Carbon Dioxide
Nitrogen
Hydrogen
ExplanationNitrogen makes up approximately 78% of Earth's atmosphere.
Allama Iqbal
Liaquat Ali Khan
Quaid-e-Azam Muhammad Ali Jinnah
Sir Syed Ahmed Khan
ExplanationMuhammad Ali Jinnah is recognized as the founder of Pakistan.
UNICEF
WHO
IMF
UNESCO
ExplanationThe World Health Organization (WHO) coordinates international health policy.
Gd
Au
Ag
Fe
ExplanationAu comes from the Latin word 'Aurum', meaning gold.
Sahara
Gobi
Antarctic
Kalahari
ExplanationThe Antarctic Desert is technically the largest desert in the world by area.
A
B
C
Cannot be determined
ExplanationIf A > B and B > C, then logically A > B > C. C is the shortest.
36
40
42
44
ExplanationThe difference between consecutive numbers increases by 2: +4, +6, +8, +10, so the next difference is +12.
DCP M
DBOL
CCPK
CDNM
ExplanationEach letter is shifted forward by 2 positions (C+2=E, A+2=C, S+2=U, H+2=J).
Physics
Chemistry
English
History
ExplanationStack order from top: Physics, Chemistry, English, History.
School
Book
Reading
Librarian
ExplanationA bank stores money; a library stores books.
Square
Triangle
Circle
Cube
ExplanationSquare, Triangle, and Circle are 2D shapes, while Cube is 3D.
Monday
Tuesday
Wednesday
Thursday
ExplanationSince 14 days have passed (exactly 2 weeks), the 15th day must be the same as the 1st day.
All Accountants are wealthy.
Some Accountants are wealthy.
Some wealthy people are Accountants.
None of the above.
ExplanationThe premises do not provide enough information to link Accountants directly to wealth.
55
50
45
60
ExplanationThe numbers subtracted are 5, 10, 15, 20. 70 - 20 = 50.
1 minute
2.5 minutes
5 minutes
10 minutes
ExplanationEach machine produces one product every 5 minutes.
H
I
J
K
ExplanationThe sequence skips one letter (A_C_E_G_I).
Sharpen
Cut
Eat
Metal
ExplanationA pencil is a tool used to write; a knife is a tool used to cut.
Apple
Banana
Carrot
Orange
ExplanationCarrot is a vegetable, while the others are fruits.
Tom
Sarah
Jane
Cannot be determined
ExplanationOrder: Tom > Sarah > Jane. Therefore, Tom is first.

Frequently Asked Questions

Are these Accounting & Finance MCQs free?

Yes. Every Accounting & Finance MCQ on this page is free to practice, including the correct answer and explanation.

Do these include past-paper questions?

Yes — questions sourced from past papers are clearly marked with a "Past Paper" badge, alongside fresh practice questions.

Which exams do these Accounting & Finance MCQs help with?

They are aimed at Hamdard University and related Pakistani competitive exams that test Accounting & Finance.

How should I practice subject-wise MCQs?

Attempt each question first, then reveal the answer and read the explanation. Short, focused sessions on one subject work better than long unstructured reading.

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