Explanation

• Current assets include cash or assets expected to be converted into cash within one year.
• Examples include cash, inventory, and accounts receivable.

Last verified on 21-07-2026

Explanation

• WACC stands for Weighted Average Cost of Capital.
• It is the average rate of return a company must pay to finance its assets through debt, equity, and other capital sources.
• WACC is widely used in financial management, investment decisions, business valuation, and capital budgeting.

Additional information:

• NPV: Net Present Value
• IRR: Internal Rate of Return
• EPS: Earnings Per Share
• ROI: Return on Investment

Last verified on 21-07-2026

Explanation

• Full Form: Public Procurement Regulatory Authority
• Purpose: Regulation of government procurement
• Function: Ensures transparent tendering process
• Established under: Public Procurement Act
• Area: Pakistan government procurement system

Last verified on 10-06-2026

Explanation

• A Leap Year is an astronomical year with an extra day.

Additional information:

• Leap Year: 366 days (February has 29 days).
• Common Year: 365 days (February has 28 days).
• Solar Year: Approximately 365.2422 days (Earth's revolution around the Sun).
• Lunar Year: About 354 days (12 lunar months).
• Recent Leap Years: 2016, 2020, 2024, 2028, 2032.

Last verified on 21-07-2026

Explanation

• In the 20th century, normative ethics became more complex as it focused not only on rightness and wrongness but also on different kinds of moral values.
• Normative ethics studies the principles and values that guide moral behavior.
• It helps determine what people ought to do based on ethical values.

Last verified on 21-07-2026

Explanation

• Conventional morality deals with the level of customs and social norms and is a branch of Ethics.
• It refers to moral standards based on society's accepted rules and traditions.
• Individuals follow these norms to gain social approval and maintain order.

Last verified on 21-07-2026

Explanation

• It is the special business of ethics to test our intuitions for consistency and compare them critically with those of others.
• Ethics examines whether our moral judgments are logical, fair, and consistent.
• It helps improve moral reasoning through critical analysis.

Last verified on 21-07-2026

Explanation

• Direct or intuitive judgment plays a far larger role in Ethics than in the physical sciences.
• Ethics is a normative science that evaluates what is morally right and wrong.
• It relies on moral reasoning, values, and intuitive judgment rather than only observation.

Last verified on 21-07-2026

Explanation

• Ethics deals with the standards by which we judge human actions to be right or wrong.
• It is the branch of philosophy concerned with moral values and principles.
• Ethics helps individuals distinguish between acceptable and unacceptable behavior.

Last verified on 21-07-2026

Explanation

• Islam spread in Sindh during the Umayyad Caliphate.
• Umayyad Caliphate: 661–750 AD
• Conqueror of Sindh: Muhammad bin Qasim
• Year of Conquest: 711–712 AD (92–93 AH)
• Umayyad Caliph: Al-Walid I (705–715 AD)
• Governor of Iraq: Al-Hajjaj bin Yusuf
• Ruler Defeated: Raja Dahir

Last verified on 21-07-2026