Navigation Menu
Home Blog Latest Notices
NTS GAT Subject 2026 Accounting Fundamentals Free Quiz 1
100% Free

NTS GAT Subject 2026 Accounting Fundamentals Free Quiz 1

Practice NTS GAT Subject 2026 Aptitude Test Business Administration MCQs from Accounting Fundamentals. Get instant results with Explanation.

1. What is accounting?



2. What is the accounting equation?



3. What does a debit do to an asset account?



4. What does a credit do to a liability account?



5. What system records each transaction with a debit and a credit?



6. What is a collection of accounts?



7. What lists all accounts with their balances?



8. When is revenue recognized under accrual basis?



9. When are expenses recognized under accrual basis?



10. What does the income statement show?



← Back to Quiz Sets
Instructions: Select one answer per question (you may skip questions). After submitting, you will see your score, correct answers, and explanations.

📋 NTS GAT Subject Entry Test Information

NTS GAT Subject Test

Conducting Body: National Testing Service (NTS)
Frequency: Quarterly | Time: 120 Minutes
Negative Marking: No

⚡ Official Test Pattern (Total: 100 MCQs):

Merit Formula: There is no single NTS merit calculation formula for GAT Subject Test. Universities determine their own merit criteria. Common weightages include: 30% Academic + 50% GAT + 20% Interview (only where specified by the university)

Medical Colleges in Pakistan

Explore medical institutions city‑wise – public & private.

Browse All Medical Colleges →

❓ Frequently Asked Questions about NTS GAT Subject

How is the merit score computed for NTS GAT Subject?

There is no single NTS merit calculation formula for GAT Subject Test. Universities determine their own merit criteria. Common weightages include: 30% Academic + 50% GAT + 20% Interview (only where specified by the university)

Is there negative marking in NTS GAT Subject?

No

What is the time duration for NTS GAT Subject?

120 minutes

Who is the conducting body for NTS GAT Subject?

National Testing Service (NTS)

What is the subject breakdown for NTS GAT Subject?

Computer Sciences (100 MCQs), Electrical Engineering (100 MCQs), Software Engineering (100 MCQs)