- Closing balance
- Debit balance
- Opening balance
- Credit balance
- b
-
Debit Balance is a balance in the left side of Account.
Senior Auditor (SA)
Senior Auditor (SA) Solved Past Papers are included in this section of ETEST Academy’s Website. All Senior Auditor (SA) Accountant General AG Office and Pakistan Military Accounts Department PMAD Current and Past Papers have been posted in this section. Our team updates ETEST Website regularly.
The cost of the asset after the expiry of its useful life is called______?
- Written down value
- Expired value
- Residual value
- None of the given options
- c
The main objects of investigation is ____?
- To discover errors and frauds
- To prevent errors and frauds
- To verify statements
- All the above
- d
Capital reserves are created out of profits of ______?
- A revenue nature
- A capital nature
- Contingency reserve
- A secret reserve
- b
Preliminary expenses are the best example for ______?
- Intangible asset
- Fictitious asset
- Wasting asset
- Floating asset
- b
-
Factitious Assets are those assets which has no tangible existence.
A sale of Rs. 50000 to Mr. A was entered as a sale to Mr. B. This is an example of:
- Error of principle
- Error of commission
- Error of omission
- Compensating error
- b
Prospectus is a document _______?
- Containing details about the manufacturing process of the company
- Containing details about the share capital of the company
- Containing the information of the sales
- Containing the rules and regulations of the company
- b
Auditor is ________?
- The agent of the central government
- A member of the company
- The agent of the of the company
- An assistant to accountant
- c
For which of the following organization Audit is optional:
- Organization
- Partnership concern
- Joint stock company
- None of these
- b
Management audit otherwise called as……..
- Efficiency audit
- Final audit
- Cost audit
- Cash audit
- a
-
مینجمنٹ آڈٹ دوسری صورت میں کارکردگی آڈٹ کہلاتا ہے
