PACE GK Academy: Pakistan Academy For Competitive Exams
PACE GK ACADEMY
Quiz Mode
Mock Test
Make Paper
  • Login
PACE GK ACADEMY
  • Home
  • Past Papers
      • PPSC Past Papers(Quiz)
      • FPSC Past Papers(Quiz)
      • ITS Past Papers(Quiz)
      • ECP Past Papers(Quiz)
      • MOD Past Papers(Quiz)
      • ASF Past Papers(Quiz)
      • Islamabad Police Past Papers(Quiz)
      • FIA Past Papers(Quiz)
      • PPSC Past Papers (Reading)
      • FPSC Past Papers (Reading)
      • ITS Past Papers (Reading)
      • ECP Past Papers (Reading)
      • MOD Past Papers (Reading)
      • ASF Past Papers (Reading)
      • Islamabad Police Past Papers (Reading)
      • FIA Past Papers (Reading)
      • PPSC Past Papers (Quiz with DMC)
      • FPSC Past Papers (Quiz with DMC)
      • ITS Past Papers (Quiz with DMC)
      • ECP Past Papers (Quiz with DMC)
      • MOD Past Papers (Quiz with DMC)
      • ASF Past Papers (Quiz with DMC)
      • Islamabad Police Past Papers (Quiz with DMC)
      • FIA Past Papers (Quiz with DMC)
  • Current Affairs
      • Yearly Current Affairs (PACE)
      • Current Affairs Month Wise (PACE)
      • Pak Current Affairs (PACE)
      • World Current Affairs (PACE)
      • Current Affairs Past Papers (FPSC)
      • Pak Current Affairs (PPSC)
      • World Current Affairs (PPSC)
  • All-Subjects
      • Pedagogy Question(PACE)
      • Analytical Ability (PACE)
      • Code of Criminal Procedure 1898 (PACE)
      • Constitution Of Pakistan (PACE)
      • Pakistan Penal Code 1860 (PACE)
      • Assistant Registrar GK Papers (PACE)
      • Punjab Prevention Of Hoarding Act 2020 MCQS (PACE)
      • Law (FPSC)
      • General Knowledge (PPSC)
      • Pakistan Studies (PPSC)
      • Islamic Studies (PPSC)
      • World Current Affairs (PPSC)
      • Pakistan Current Affairs (PPSC)
      • Mathematics (PPSC)
      • English (PPSC)
      • Urdu (PPSC)
      • Everyday Science (PPSC)
      • Computer Skills (PPSC)
      • Geography (PPSC)
      • Audits & Accounting (PPSC)
      • Sports (PPSC)
      • Sociology (PPSC)
      • Personalities (PPSC)
  • Jobs
  • Success Stories
  • Articles & Insights
  • Login
Breadcrumbs Image Breadcrumbs Image
Breadcrumbs Image

Audits & Accounting (PPSC)

Subjects

  • Law (FPSC)
  • General Knowledge (PPSC)
  • Pakistan Studies (PPSC)
  • Islamic Studies (PPSC)
  • World Current Affairs (PPSC)
  • Pakistan Current Affairs (PPSC)
  • Mathematics (PPSC)
  • English (PPSC)
  • Urdu (PPSC)
  • Everyday Science (PPSC)
  • Computer Skills (PPSC)
  • Geography (PPSC)
  • Audits & Accounting (PPSC)
  • Sports (PPSC)
  • Sociology (PPSC)
  • Personalities (PPSC)
  • Current Affairs Month Wise(PACE)
  • Pakistan Current Affairs(PACE)
  • World Current Affairs(PACE)
Q.1Stakeholders are related to ?

  1. ESE (PTI) IN LABOUR & HUMAN RESOURCE DEPARTMENT Held On 01.02.2026 (2026)

Q.2Stock exchange is known as market for securities.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.3Right Shares are the shares

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.4Net profit ratio is a :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.5Liquid ratio is also known as ratio:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.6In his traditional role the finance manager is responsible for

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.7Control of financial planning is key responsibility of :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.8A buyer's perception of value is considered a trade-off between;

  1. Assistant Director Revenue (2023)

Q.9Having some overall goal in mind, financial management is concerned with:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.10Capital Structure is an optimal mix of which one of the following options;

  1. Assistant Director Revenue (2023)

Q.11Bonds with longer maturities generally have ___ interest rate risk

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.12At breakeven point;

  1. Assistant Director Revenue (2023)

Q.13Patents, Copyrights and Trademakrs are :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.14Floating assets are valued at;

  1. Assistant Director Revenue (2023)

Q.15When the coupon rate is less than the required rate of return the discount on the bond as maturity approaches.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.16________ refers to the risk inherent to the entire market or market segment .

  1. Assistant Director Revenue (2023)

Q.17Which of the following is not a current asset?

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.18The first and foremost function of management is:

  1. Assistant Director Revenue (2023)

Q.19Money Market is an in which only short-term debt instrument (Maturity less than one year) are traded.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.20Which of the following is a method that is commonly used in qualitative research?

  1. Assistant Director Revenue (2023)

Q.21The form of business having unlimited liabilities

  1. Assistant Director Revenue (2023)

Q.22A is a potential obligation that may arise from an event that has not yet occured

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.23Contribution margin is also known as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.24A series of constant cash flows that occur at the end of each period for some fixed number of periods is :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.25Verification refers to:

  1. Assistant Director Revenue (2023)

Q.26Process of verifying the documentary evidences of trasactions are known as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.27Bringing all parties to an agreement is termed as:

  1. Assistant Director Revenue (2023)

Q.28Zero Coupon Bond is also known as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.29An efficient market hypothesis state all public information which is reflected in current market prices is classified as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.30The firm operate, produce, market all over the world is called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.31Debtors have least profit share due to:

  1. Assistant Director Revenue (2023)

Q.32A feasibility study considers all of the aspects of project, including:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.33An expenditure which occurs non-repeatedly and regularly is known as:

  1. Assistant Director Revenue (2023)

Q.34Land revenue assigned to jagirdar used for:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.35Supervisor wage is a part of:

  1. Assistant Director Revenue (2023)

Q.36A market for wholesale loans and deposits traded between banks is called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.37Government made policy for the industrial sector is called

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.38Characteristics of the job is also known as:

  1. Assistant Director Revenue (2023)

Q.39which one of the following becomes a creative factor in production:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.40Which research is conducted when a researcher needed a solution to a problem?

  1. Assistant Director Revenue (2023)

Q.41Which factor has been the most rapidly changing component in an organization's general enviroment in the past quarter-century:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.42Change in government policy with in the content of tax:

  1. Assistant Director Revenue (2023)

Q.43The Main operation expenses of a business are termed as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.44The part of equity having certain return is called:

  1. Assistant Director Revenue (2023)

Q.45The primary objective of cost accounting is to :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.46Human Resource Management deals with:

  1. Assistant Director Revenue (2023)

Q.47Agency Theory suggests that managers (the agents), particularly those of large , publically-owned firms , may have different objectives from those of the :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.48Auditing refers to:

  1. Assistant Director Revenue (2023)

Q.49Inventory Period + Accounts Reeviable Preiod is called

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.50The standard deviation is the __________ of the variance:

  1. Assistant Director Revenue (2023)

Q.51Fixed assets turnover ratio is a :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.52The following factor would be relatively low if supply of labor is higher than demand:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.53According to the capital-asset pricing model (CAPM), a security's expected (required) return is equal to the risk-free rate plus a premium:

  1. Assistant Director Revenue (2023)

Q.54Which one renders high profitability?

  1. Assistant Director Revenue (2023)

Q.55is the phase of an audit where the auditor gathers samples to identify any material misstatements in the client's accounting records or other data

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.56In response to market expectations, the credit period has been increased from 45 days to 60 days. This would result in a:

  1. Assistant Director Revenue (2023)

Q.57Bonus shares are issued out of:

  1. Assistant Director Revenue (2023)

Q.58Balance Sheet shows

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.59Which body prepare and publish audit standards:

  1. Assistant Director Revenue (2023)

Q.60income statement is also known as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.61which statement shows the flow of cash and cash equivalents during the financial period:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.62Investment decision making traditionally consists of two steps ___________:

  1. Assistant Director Revenue (2023)

Q.63Monopolistic competition differs from perfect competition primarily because:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.64An advertisement which conceal organization identity:

  1. Assistant Director Revenue (2023)

Q.65Each element having equal chances of selection is called:

  1. Assistant Director Revenue (2023)

Q.66A nationwide electronic funds transfer network which enables participating banksfincial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries is termed as :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.67The maximum amount beyond which a company is not allowed to raise funds by Issue of Share is :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.68Banks realize dividend and interest on behalf of customer is included in:

  1. Assistant Director Revenue (2023)

Q.69Ratio of net profit before interest and tax to sales is :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.70The capital budgeting in which we check in how many year initial investment is cover is called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.71Which is the primary activity of a commercial bank?

  1. Assistant Director Revenue (2023)

Q.72Variable manufacturing overhead (VMOH) Fixed manufacturing overhead (FMOH) is a part of :

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.73The term depletion applies to decrease in value of

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.74Diversification as a tool for reducing risk by:

  1. Assistant Director Revenue (2023)

Q.75Assets are usually show in Balance Sheet (at

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.76A Joint Stock Company is managed by

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.77When government revenue exceeds government expenditure, it is known as _________ budget.

  1. Assistant Director Revenue (2023)

Q.78Which of the following is an example of nonverbal communication?

  1. Assistant Director Revenue (2023)

Q.79Which is not a characteristic of a service?

  1. Assistant Director Revenue (2023)

Q.80Petty cash is a part of:

  1. Assistant Director Revenue (2023)

Q.81Which of the following can be distributed among shareholders?

  1. Assistant Director Revenue (2023)

Q.82Strategy is developed by the visionary chief executive in ________ mode of strategic management

  1. Assistant Director Revenue (2023)

Q.83The doctrine of impossibility of performance, rendering a contract void, is based on:

  1. Assistant Director Revenue (2023)

Q.84Price elasticity of demand that ____________ is called inelastic.

  1. Assistant Director Revenue (2023)

Q.85Debt is a part of:

  1. Assistant Director Revenue (2023)

Q.86The types of good that are tangible in nature and that can be consumed in few uses are classified as:

  1. Assistant Director Revenue (2023)

Q.87Selling expenses includes in:

  1. Assistant Director Revenue (2023)

Q.88Audit evidence is cosidered sufficient when:

  1. Assistant Director Revenue (2023)

Q.89The career-related consequences of the delayering of organisations most likely options is:

  1. Assistant Director Revenue (2023)

Q.90Preference shareholders are ________ of the company:

  1. Assistant Director Revenue (2023)

Q.91Which of the following statements are incorrect?

  1. Assistant Director Revenue (2023)

Q.92The two internal elements of SWOT analysis are:

  1. Assistant Director Revenue (2023)

Q.93An organizational structure in which more than one type of departmentalization is employed is called:

  1. Assistant Director Revenue (2023)

Q.94Which of these options, apart from cash, are instruments to distribute profits to shareholders?

  1. Assistant Director Revenue (2023)

Q.95__________ is the subject matter of Macroeconomics.

  1. Assistant Director Revenue (2023)

Q.96Joint venture account is a:

  1. Assistant Director Revenue (2023)

Q.97The basic factors of production are land, labour, capital and:

  1. Assistant Director Revenue (2023)

Q.98Which of the following is a measure to reduce inequality of income?

  1. Assistant Director Revenue (2023)

Q.99The difference between desired service and the level of service considered adequateis known as:

  1. Assistant Director Revenue (2023)

Q.100The concept of consumer surplus was developed by:

  1. Assistant Director Revenue (2023)

Q.101Which is a system of selling goods directly to customers through a network of self-employed people.

  1. Assistant Director Revenue (2023)

Q.102An exceptional demand curve is one that slopes:

  1. Assistant Director Revenue (2023)

Q.103Authorized share capital is also known as:

  1. Assistant Director Revenue (2023)

Q.104Net loss occurs when:

  1. Assistant Director Revenue (2023)

Q.105The assets than can be converted into cash within a short period (i.e. 1 year or less) are known as:

  1. Assistant Director Revenue (2023)

Q.106Liquid Ratio is equal to liquid assets divided by _________

  1. Assistant Director Revenue (2023)

Q.107Liabilities are which of the following:

  1. Assistant Director Revenue (2023)

Q.108Goods returned by customer should be debited to which of the following accounts:

  1. Assistant Director Revenue (2023)

Q.109_________ is the aggregate of direct material cost, direct labor cost, and direct expenses.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.110Guarantee made by company bank to foreign bank for import is called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.111Implicit cost is also known as:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.112Bank pass book is also known as:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.113Which statement is correct: Agency conflict is minimized by:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.114Residual value is the:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.115Which bank gave monetary policy in Pakistan

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.116P/V ratio shows the _______ ratio.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.117Which item comes under financial activities in cash flow?

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.118Cash budget include:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.119Which of the following is a revenue reserve?

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.120Market control process consists:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.121Bank overdraft is a ____________.

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.122The statement of cash flow clarifies cash flows according to:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.123Microeconomics theory is also known as:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.124The basic financial statements include:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.125Performance measurement is:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.126The parties to joint venture are called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.127Income from property held under trust for charitable or religious purposes is:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.128Verification of the value of assets, liabilities, the balance of reserves, provision, and the amount of profit earned or loss suffered by a firm is called:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.129Undistributed profits are also known as:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.130The concept of reliability refers to:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.131The difference between assets and liabilities is called as:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.132Financial planning for long term and seasonal expense is:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.133A smart tag will be removed from the cell when:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.134Leadership motivates the people to work and not the power of money", this concept is related to

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.135A current account surplus implies that:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.136Which of the following is not an element of credit Policy?

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.137___________ is a type of preferred stock that provides a greater guarantee of dividend payments to its holders

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.138Electronic magnified information is called

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.139The _________ is the rate of interest an investor, saver or lender receives (or expects to receive) after allowing for inflation

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.140The net present value is:

  1. Assistant Director Accounts / Budget and Accounts Officer / Accounts Officer / Audit Officer (2023)

Q.141Intrest rate can be used in :

  1. Clubbed Case Canal Patwari Second Phase (Evening) (2023)

Q.142The Proposed Kalabagh dam will produced how much electricity :

  1. Assistant (2022)

Q.143Which Pakistani climber died recently with foreign climbers at K-2

  1. Lecturer Pakistan Studies (2022)

Q.144Because its chief accountant altered figures and completely fabricated others, the company’s financial records were entire ___

  1. MOD Past Paper-6 Held on 04.12.2022 (2022)

Q.145Pakistan is Situated in which continent?

  1. Lecturer History (2021)

Q.146The first person who climbed the Nanga Parbat?

  1. Store Officer (2021)

Q.147Which country gets most monsoon rain?

  1. Assistant (2021)

Q.148____ is outcome of payment divided by the interest rate:

  1. Accountant (2020)

Q.149__is a strategy that focuses on offering cheapest product in the market.

  1. Accountant (2020)

Q.150Deferred tax payments would be shown as _____while calculating net cash flows.

  1. Accountant (2020)

Q.151 A service firm may have additional segment of marketing mix:

  1. Accountant (2020)

Q.152 Promotion of an employee to fill a vacant post is a good example of

  1. Accountant (2020)

Q.153 Job enrichment is___

  1. Accountant (2020)

Q.154____Is a digital asset designed to work as a medium of exchange.

  1. Accountant (2020)

Q.155_____has a unique origin i.e. zero.

  1. Accountant (2020)

Q.156 A strategy where firm tries to expand the market and move to a new market with existing product is called:

  1. Accountant (2020)

Q.157___not a form of departmentalization.

  1. Accountant (2020)

Q.158___represents the net worth of a business

  1. Accountant (2020)

Q.159Gathering information from advertising campaigns and sales people could be better named as:

  1. Accountant (2020)

Q.160__________dimension of transformational leadership deals with the focus on each member of the organization.

  1. Accountant (2020)

Q.161____ focuses on the future needs of both organizational and employee needs:

  1. Accountant (2020)

Q.162The working capital reaches to zero when the current ratio is:

  1. Accountant (2020)

Q.163Accounting principles are generally based on

  1. Accountant (2020)

Q.164Real accounts are related to

  1. Accountant (2020)

Q.165 Quick Asset includes which of the fallowing

  1. Accountant (2020)

Q.166Depreciation Expense is

  1. Accountant (2020)

Q.167Double entry book-keeping was fathered by

  1. Accountant (2020)

Q.168Partners in Pakistan can today be fixed at the following numbers

  1. Accountant (2020)

Q.169 Cash budget excludes the following

  1. Accountant (2020)

Q.170NGOs are legally required to

  1. Accountant (2020)

Q.171Conversion cost is:

  1. Accountant (2020)

Q.172Process Costing is relevant to:

  1. Accountant (2020)

Q.173A partnership in today 's Pakistan under the current law can have the following number of partners

  1. Accountant (2020)

Q.174Combination can be best described as:

  1. Accountant (2020)

Q.175Sources of funds can be increased by

  1. Accountant (2020)

Q.176Books of original entry are called:

  1. Accountant (2020)

Q.177For preparing balance sheets prepaid expenses are shown as part of

  1. Accountant (2020)

Q.178Unpaid and unrecorded expenses are called:

  1. Accountant (2020)

Q.179Amount cash or other assets removed from business by owner is

  1. Accountant (2020)

Q.180Under the diminishing balance method depreciation amount is:

  1. Accountant (2020)

Q.181Return on investment is computed:

  1. Accountant (2020)

Q.182Sugar used in a sugarcane company is:

  1. Accountant (2020)

Q.183An auditor is liable under the following circumstances

  1. Accountant (2020)

Q.184Conversion Cost is calculated as under

  1. Accountant (2020)

Q.185Double Entry Book Keeping was fathered by

  1. Accountant (2020)

Q.186Accumulated loss of a company is shown in the balance sheet as:

  1. Accountant (2020)

Q.187Under the Companies ordinance 1984 disclosure of financial information is legally required for listed companies under

  1. Accountant (2020)

Q.188 Trading loss occurs when

  1. Accountant (2020)

Q.189Accounting requirements governing NGOs are prescribed in:

  1. Accountant (2020)

Q.190Work sheet is equivalent to:

  1. Accountant (2020)

Q.191The following represent tangible assets and are shown in the balance sheet as:

  1. Accountant (2020)

Q.192Under the Rule of thumb a good current ratio is:

  1. Accountant (2020)

Q.193Pakistan follows the following budgeting system at Federal level

  1. Accountant (2020)

Q.194PSX is a/an ____company

  1. Accountant (2020)

Q.195Setting goals and devising strategies to achieve them denotes Which of the management function?

  1. Accountant (2020)

Q.196Marketing is an

  1. Accountant (2020)

Q.197Class room lectures seminars and workshops are example:

  1. Accountant (2020)

Q.198Selling is different from marketing as:

  1. Accountant (2020)

Q.199Herzberg's Motivation two-factor theory covers factor named___ and ____:

  1. Accountant (2020)

Q.200The ownership of central bank of a country may belong to:

  1. Accountant (2020)

Q.201_____is a form of partnership where a partner is liable for amount of capital invested in business.

  1. Accountant (2020)

Q.202Which of the following Pakistani player won the 1994 World Snooker Championship?

  1. Assistant (2019)

    About

    • About US
    • Contact US
    • Success Stories

    Resources

    • Privacy Policy
    • Disclosure
    • FAQ

    Quick Links

    • Articles & Insights
    • All Departments
    • Yearly Current Affairs

    Contact Info

    • Address: Sabzazar Colony, Multan, Punjab, Pakistan

      Phone: +92 300 1757495, +92-345-0668111

    PACE Logo

    © 2026 All Rights Reserved. Developed By PACE