#GK_portion

1- who write book on brief history of time?Stephen hawking

2. Asmara capital of which country? Eritera
3. Mr. A.o.Hume was Congress founder and was? Former civil servant
4. Robbin william was? Comedian
5. which UNO organ representation of members? General Assembly
6. how many countries in SAARC? 8
7. what is operating system of computer manages? All of these (processor) not sure
8. Pollination by birds is called? Orinthology
9. Wood is basic raw material of?paper
10. synonym of successive? Consecutive
11-Antonym of latent? Obious
12-correct spelling of Affidavit
13-red wavy line come under text? Spelling mistake
14 who step down khawaja nazimuddin? Ghulam Muhammad
15.Muhawara aj mary kal 2 din
16. Ahmed faraz ka shair
17. There is nothing like???home,house,heaven
18. Math series answer 34
19. Math question 500kg meat answer 4
20.great barrier of reef? Australia

Collection of data by NADRA is an example of?

Primary data

which income is not included as salary according to tax ordinance 2001 ?

foreign income or salary

Investors return on equity share is?

ROI

Land is not depreciated

B.infinite life.?

if inflation rises then exchange rate ?? Rises

Compliance testing? Controls are working as planned

Example of internal check? To count something to check accuracy

third schedule of tax ordinance 2001 related to ? depreciation

and 2nd schedule is for exemptions

2. Shareholders are interested in which ratio? Interest coverage ratio

Probability is always?
Lies b/w 0 and 1

Business organizations can take the form to?

Corporations
Sole proprietorship
Partnership
All

Ledger keeps account of each?

Journal entry

Frequency distribution?
overlapping
Non-overlapping
It may be overlapping and may be non overlapping so right ans is none of these bcz we use non overlapping for
mean and overlapping for median and mode

Write-off of intangible asset is amortization? Yes

Median? Middle value of ordered series

Chi-square? Only positive value

1. Internal auditor must ensure? Statistical sampling
2. Internal audit report is important for management due to? Control
3. Internal check example? Recalculating the amount
4. Which costing method is not acceptable?
2. If record keeper fail to record note payable in liability side then
A. Increase net worth
B.decrease liabilities
C.increase current ratio
3. Example of indirect labour ? store assistant
4. What is prime cost ? all direct cost
5. When memorandum issue to suppliers? Damage in goods
6. Normal profit in competitive firm? MR = MC
7. Group data also called secondary data
8. Internal check is suitable for large concerns
9. 2nd degree equation is quadratic
10. Robin Williams suicide? Actor comedian
11. Appelete tribunal appointed by Federal govt
12. 1. Debit memorandum is issued by shipper when? Goods return
2. Opportunity cost of holding money? Return on deposit
3. When economy is less than full employment, Kenyan law will Opt Which policy? Expended motery policy
4. When there is inflation in price as compared to rest world, exchange rate Will Rise? Exchange rate will Rise
5. When an investment purchased is sold in price more than cost of it. It is, gain, loss or transferred to retained earning or
none.
13. Income from salary exemptions ? foreign salary
14. 4. What is capital expenditure? Cash paid and truck purchased.
5. What is credit? Bought today, pay tomorrow
15. NI = NE ? Identity
16. Market value is increased ? Eps
17. If inflation rises then exchange rate rises
18. Income statement is ? expense incomes and gains
19. Change in revenue due to inlastic demand? No effect on total revenue whether price goes up or down . Because it was inelastic
20. In a limited partnership management of firm is controlled by
A. General partners
 21. Cash overdraft is a current LBS
22. Vision and goal of the organizations ?
Wealth maximization
Social satisfaction
Profit maximization
All options are correct

Credit = buy Now and pay later

Appellate Tribunal is appointed by.. Federal govt

Third schedule.. depreciation
Aur salary mai foreign govt ki income include ni hoti

A graph showing all the combinations of goods and services that can be produced if all of
society's resources are used efficiently is a
A. demand curve.
B. supply curve
C. production possibility frontier = correct

Land is not depreciated because= infinite life

Sum of deviation from Mean is Zeroo

1. Data collected by nadra for national identity card? Primary data

2. Deviation of mean ? 0
3. The happening of an event is equal to?
4. Grouped data is called? Secondary data
5. The operating system in a c0mputer?
Processor memory
input/output devices all of the above
6. Income tax schedule 3 define about?
7. Apellate tribunal is appointed by? Federal govt
8. Net profit is equal to? Net income/net sales
9. Cash overdraft is?
A current asset a liability
10. If inflation incerase in pakistan exchange will? Rise fall stable
11. Purpose of internal audit?
12. The cost of food processing unit?
13. Prime cost? All direct cost
14. Maximization of profit?
15. Effect of Accured wages if not recorded ?
2. Profit margin ratio is equal to = Net income/ net sales
3. Unused material entry in production= store dr and cr wip
4. In order to maximize profit, the firm should set marginal revenue (MR) equal to the marginal cost (MC)… MC = MR
5.