Most Important & Most Repeated MCQs

  • Effectiveness of control
  • Existence of control
  • Continuous of control
  • Designing of control
  • b
  • Overdraft balance as per cash book
  • Unfavorable balance as per cash book
  • Unfavorable balance as per bank book
  • None of the above
  • c
  • Tertiary market
  • Primary market
  • Secondary market
  • None of these
  • c
  • Secondary Market is a place where investors sell or purchase their securities.

  • Return on net worth
  • Return on shareholders’ fund
  • Gross profit ratio
  • Return on investment
  • a
  • Distribution overhead
  • Factory overhead
  • Selling overhead
  • Administration overhead
  • b
  • Depreciation Function is applied on Fixed Assets on yearly basis until value decreased to zero.
    Fixed Assets examples are Buildings, Furniture, Office Equipment, Machinery and etc.

  • Value of stocks
  • Selling price
  • Value of goods produced
  • Value of finished product
  • b