SENIOR AUDITOR PAST PAPERS
Senior Auditor Past Papers
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چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب سرخ ہو جائے گا۔
کسی اثاثے کو نقد رقم میں تبدیل کرنے کی فرم کی قابلیت کو _______ کہا جاتا ہے؟
Marketability
Liquidity
Solvency
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Liquidity refers to how quickly and easily an asset can be converted into cash without significant loss in value.
Higher liquidity means the firm can meet short-term obligations more efficiently.
عوامی کمپنی کو ______ کا سرٹیفکیٹ حاصل کرنے کے بعد ہی کاروبار شروع کرنا چاہئے؟
After one year later
Incorporation
Commencement of business
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
A public company must obtain a Certificate of Commencement of Business after incorporation before legally starting operations.
This requirement ensures that the company has met necessary legal and financial conditions before conducting business.
ہر کاروباری لین دین کم از کم _______ اکاؤنٹس کو متاثر کرتا ہے۔
Infinite
One
Two
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
The double-entry system states that every business transaction affects at least two accounts , one debited and one credited.
This ensures accounting accuracy by maintaining the balance in the accounting equation ( Assets = Liabilities + Equity ).
جنرل جرنل _______ اندراجات کی ایک کتاب ہے۔
Generic
First
Original
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
The general journal records original entries of financial transactions before they are posted to ledger accounts.
It serves as the primary book of accounts , documenting transactions in chronological order.
دوہری پہلو کے تصور پر مبنی لین دین کو ریکارڈ کرنے کے نظام کو ______ کہا جاتا ہے؟
Single entry system
Double accounting system
Double-entry system
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
The dual aspect concept states that every financial transaction affects two accounts, ensuring accuracy in bookkeeping.
The double-entry system records each transaction with equal debits and credits, maintaining the accounting equation ( Assets = Liabilities + Equity ).
شیئر پریمیم رقم _______ کے لئے استعمال کی جاسکتی ہے؟
Issue of fully paid bonus shares
Payment of dividends
Write-off of goodwill
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Share premium money is the extra amount received over the face value of shares and can be used for specific purposes under company law.
It can be used to issue fully paid bonus shares to existing shareholders but cannot be used for dividend payments or writing off goodwill.
دونوں ڈیبینچرز اور ٹرم فنانس سرٹیفکیٹ عام طور پر ______ کے ذریعہ جاری کیے جاتے ہیں؟
Non-Listed Companies
Private Companies
Listed Companies
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Debentures and Term Finance Certificates (TFCs) are debt instruments commonly issued by listed companies to raise capital from the public.
Listed companies have better credibility and regulatory compliance, making it easier for them to issue such securities in financial markets.
Rs.5,800
Rs.8,300
Rs.10,800
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Book Value Formula → Cost of Asset – Total Accumulated Depreciation. Calculation → 12,500 – (4,200 + 2,500) = 5,800 .
اکاؤنٹنگ کی مدت میں سامان کی لاگت سے زیادہ فروخت کو ______ کہا جاتا ہے؟
Retained earnings
Net Profit
Gross Profit
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Gross profit is the difference between sales revenue and the cost of goods sold (COGS) in an accounting period. It represents the profit before deducting operating expenses, taxes, and other indirect costs.
خالص منافع ______ کے برابر ہے؟
Sales less cost of sales and operating expenses
Gross Profit less operating expenses
Both A and B
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Sales less operating expenses – Net profit is calculated after deducting all operating expenses from total sales. Gross profit less operating expenses – Gross profit is derived from sales minus the cost of sales, and deducting operating expenses from it gives net profit.
