اے ہمارے رب ! ہمیں ہدایت دینے کے بعد ہمارے دل ٹیڑھے نہ کر نا اور ہمیں اپنے پاس سے رحمت عطا فرما، یقیناً تو ہی بہت بڑی عطا دینے والا ہے (سورہ العمران آیت نمبر 8)

اے ہمارے رب ! ہمیں ہدایت دینے کے بعد ہمارے دل ٹیڑھے نہ کر نا اور ہمیں اپنے پاس سے رحمت عطا فرما، یقیناً تو ہی بہت بڑی عطا دینے والا ہے (سورہ العمران آیت نمبر 8)

August 28, 2021

  • Double Accounting System
  • Double Entry System
  • Single Entry System
  • None of the above
  • b
  • Double Entry System is a such accounting system in which Debit and Credit sides must be maintained according to transaction.

  • Issue of fully paid bonus shares
  • Write of Goodwill
  • Payment of Dividends
  • None of these
  • a
  • Share Premium is also called Security Premium.

  • Current Assets
  • Net profit
  • Gross profit
  • Retained earning
  • c
  • Gross Profit = Sales + Cost of Goods Sold

  • Less sales cost of sale and operating expense
  • Less gross profit and operating expenses
  • Both A & B
  • None of these
  • C
  • Section 226 (1) and Section 226 (2)
  • Section 224 (1) and Section 224 (2)
  • Section 225 (1) and Section 225 (2)
  • None of these
  • A
  • Substantive test design to study relationship between financial and non financial.
  • Substantive test designed to evaluate the validity of management’s representation letter.
  • Substantive test designed to assess control risk.
  • None of the above
  • c
  • Ensure Adherence to generally accepted audit standards
  • Acceptance or retention clients whose management does not lack integrity.
  • Ensure audit fee is charged according to the type of audit work assigned.
  • All of the above
  • d