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BS Accounting and Finance MCQs

Practice BS Accounting and Finance multiple-choice questions for NTS 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.

7
1
-17
-7
Explanationf(-2) = 3(-2)^2 - 5 = 3(4) - 5 = 12 - 5 = 7.
100
110
90
120
ExplanationThe sum is given by n(n+1) where n=10. So 10 * 11 = 110.
3
5
7
4
Explanation2x + 6 = 5x - 9 => 15 = 3x => x = 5.
30
60
65
78
ExplanationThis is a right-angled triangle (5^2 + 12^2 = 13^2). Area = 0.5 * base * height = 0.5 * 5 * 12 = 30.
4
2
-2
-4
ExplanationRewrite as y = mx + c. -2y = -4x + 8 => y = 2x - 4. The slope is 2.
10
25
32
64
ExplanationBy definition of logarithms, log_b(a) = c means b^c = a. Thus, 2^5 = 32.
0.35
0.60
0.65
0.75
ExplanationThe sum of complementary probabilities is 1. P(not rain) = 1 - 0.35 = 0.65.
20
60
120
240
Explanation5! = 5 * 4 * 3 * 2 * 1 = 120.
15
20
25
30
ExplanationSum = a / (1 - r). Here a = 10, r = 0.5. Sum = 10 / (1 - 0.5) = 10 / 0.5 = 20.
48
50
52
55
ExplanationLet x be original price. 0.8x = 40 => x = 40 / 0.8 = 50.
2 and 6
3 and 4
-3 and -4
1 and 12
ExplanationFactoring (x-3)(x-4) = 0 gives roots x=3 and x=4.
2
5
8
5.6
ExplanationOrdered: 2, 3, 5, 8, 10. The middle value is 5.
5
6
9
10
Explanationg(2) = 2 + 1 = 3. f(3) = 3^2 = 9.
2x4
3x3
4x2
2x3
ExplanationWhen multiplying an m x n matrix by an n x p matrix, the resulting matrix has dimensions m x p.
e^(3x)
3e^(3x)
x*e^(3x)
e^x
ExplanationUsing the chain rule, the derivative of e^u is e^u * u'. Here, u = 3x, so u' = 3.
3
6
9
12
ExplanationThe integral of 2x is x^2. Evaluating x^2 from 0 to 3 gives 3^2 - 0^2 = 9.
4
5
8
20
ExplanationUsing the log rule log(a) + log(b) = log(a*b), we get log(2x) = log(10), so 2x = 10, x = 5.
T departs third
Z departs third
U departs last
X departs before T
ExplanationWith Y first and V second, T must precede U, fitting into the remaining slots while respecting other constraints.
All accountants are creative
Some accountants are creative
No conclusion can be drawn about accountants and creativity
All creative people are logical
ExplanationSince the premises do not link the specific group of 'creative logical people' to 'accountants', no deductive link exists.
A
C
E
Not enough info
ExplanationIf B is in the middle (3rd), A must be 2nd or 4th. If D is at end, and A cannot be next to C, constraints force E to the far end.
All sharks are dangerous
Some sharks are dangerous
Some fish are sharks
All dangerous things are fish
ExplanationSince all sharks are fish, the category 'fish' necessarily contains 'sharks'. The other statements cannot be proven from the premises.
FDW
FDU
GDW
ECV
ExplanationC+3=F, A+3=D, T+3=W. The code is FDW.
96
144
240
288
ExplanationPattern: multiply by 2, then 3, then 4. Next is 48 * 5 = 240.
Tuesday
Wednesday
Thursday
Friday
Explanation25 - 3 = 22 days later. 22 / 7 = 3 weeks remainder 1. 3rd is Tuesday, 10th, 17th, 24th are Tuesday. 25th is Wednesday. Wait, correction: 22 days = 3 weeks + 1 day. 3rd+21 days=24th(Tue), so 25th=Wednesday.
Penguins can fly.
Penguins cannot fly.
Some birds cannot fly.
None of the above.
ExplanationBased strictly on the provided premises, the deduction that penguins can fly is valid, regardless of real-world biology.
A, B, D, C, E
A, B, C, D, E
A, E, C, D, B
A, B, D, E, C
ExplanationArranging the constraints: A-B, then B-D-C, and E is to the right of C, resulting in A-B-D-C-E.
DIBJS
DIJBS
BGHJQ
CIDJS
ExplanationEach letter is shifted one position forward in the alphabet (T->U, A->B, B->C, L->M, E->F).
His mother
His sister
His daughter
His niece
ExplanationThe man's father's only son is the man himself. His daughter is the daughter of the man.
Wise
Reckless
Cautious
Frugal
ExplanationPrudent implies acting with or showing care and thought for the future; reckless is the direct opposite.
was
were
has been
is
ExplanationIn 'neither/nor' constructions, the verb agrees with the subject closest to it (employees), which is plural.
Accomodation
Accommodation
Acommodation
Acomodation
ExplanationThe correct spelling requires double 'c' and double 'm'.
Permanent
Fleeting
Expensive
Ancient
ExplanationEphemeral means lasting for a very short time, which is synonymous with fleeting.
Noun
Adjective
Adverb
Verb
ExplanationQuickly modifies the verb 'ran', making it an adverb.
have been
has been
is been
were being
ExplanationTeam acts as a singular collective noun in this context, requiring 'has been'.
Its time to go, said John.
It's time to go, said John.
It is time to go; said John.
Its time to go - said John.
ExplanationIt's is the contraction for 'it is', and the comma is used correctly to introduce speech.
Each of the students have finished the assignment.
Each of the students has finished the assignment.
Each of the students are finished the assignment.
Each of the students finish the assignment.
Explanation'Each' is a singular subject, requiring the singular verb 'has'.
Careless
Thorough
Fast
Angry
ExplanationMeticulous means showing great attention to detail, which is synonymous with being thorough.
Running
is
favorite
hobby
ExplanationA gerund is a verb ending in -ing that functions as a noun. Here, 'Running' is the subject.
at
on
in
to
ExplanationThe standard idiomatic expression is 'interested in'.
United Nations Security Council
World Trade Organization
World Bank
International Monetary Fund
ExplanationThe WTO is headquartered in Geneva, Switzerland.
Control of money supply
Regulation of stock markets
Management of government revenue and expenditure
Fixing of exchange rates
ExplanationFiscal policy relates to how a government adjusts its spending levels and tax rates to influence a nation's economy.
Venus
Jupiter
Mars
Saturn
ExplanationMars is commonly referred to as the Red Planet due to iron oxide on its surface.
Yuan
Won
Yen
Ringgit
ExplanationThe Japanese Yen is the official currency of Japan.
Socrates
Plato
Aristotle
Homer
ExplanationPlato wrote 'The Republic' as a Socratic dialogue concerning justice.
Oxygen
Nitrogen
Carbon dioxide
Hydrogen
ExplanationPlants take in carbon dioxide and water to produce glucose and oxygen.
Atlantic
Indian
Arctic
Pacific
ExplanationThe Pacific Ocean is the largest and deepest of Earth's oceanic divisions.
Sydney
Melbourne
Canberra
Perth
ExplanationCanberra is the capital city of Australia.
Krypton
Potassium
Calcium
Carbon
ExplanationK is the symbol for Potassium, derived from the Latin 'kalium'.
Steve Jobs
Bill Gates
Mark Zuckerberg
Jeff Bezos
ExplanationBill Gates co-founded Microsoft in 1975.
Environmental protection
International financial order
Space exploration
Nuclear disarmament
ExplanationThe 1944 agreement established the framework for international financial relations after WWII.

Frequently Asked Questions

Are these BS Accounting and Finance MCQs free?

Yes. Every BS Accounting and 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 BS Accounting and Finance MCQs help with?

They are aimed at NTS and related Pakistani competitive exams that test BS Accounting and 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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