Lecturer Commerce Past Paper's Questions (Unsolved)

 

Difference b/w debt and common stock

The process of deciding what position org want to fill(Planning)

Power of monitoring, comparing and correcting

Kurt Levin Change process begins with

On the job training

Simulations

Bonds are debt

Dishonesty of applicants is judged by

 

Top level managers  recruiting agency

Org culture

Job specification

Power legitimized by state is called

 

Size of economy is measured by

Plan is determined course of action in which first step is the process of

Development plans are

Information provided to outsiders is called

Present or past consequences of implementing a preferred policy is

Unity of command

Decentralization

Corporate social responsibility

In elite model policy flow is downward.

SWOT analysis T stands for threats

Bond is a type of debt

Job Description+ Job specification= Job Analysis

Job Specification

Rationality Bonded

Unfreezing

Rational choice theory

Developments plans are long term

Developments are more than 5 years

Plan first step stating objectives

Public policy has multiple benefits/effects

Difference Interest payments received promised but dividend is not

Size of national  economy is measured by GNP


Propaganda

The process of deciding what position org wants to fill its vacant position so recruitment is appropriate (Recruitment, selection, none of these etc)

Kurt Levin Change process begins with

On the job training

Simulation training of a pilot saving cost etc

Market segmentation

Dishonesty of applicants is judged by paper pencil test, credit checks, background history

Top level managers recruiting agency

Which is not a financing source of business (Preferred stock, common stock , selling product)

Evaluation

Agenda setting step of public policy

Bias or Halo affect error ke definition

The control exercised by courts over administration is called Judicial Control

Administrative agency

How, Why and who gets etc (options Economics+sociology+public management+none of these)

In elite model policy flow is downward+ upward)

Game theory

Present or past consequences of implementing a preferred policy is called Policy problems.

Public policy models are competitive edge etc…

Line Item Budgeting

Lobbying.Economic depreciation

 Frequency Distribution class:

 Median of ungrouped data: Middle value

 3rd Schedule of Income tac 2001: Depreciation rates

 Cash receipt Journal:

 Land is not depreciable because:

 Write off ntangible asset: Amortization

 Expenses and Revenue: Nominal account

 In Limited Partnership Management by: General Partner

 Bond pay before maturity: Callable

 Market value of ahare increase by increase in : EPS

 Inelastic Demand:

 Double entry: debit and credit equal

 Operating system: all

 If inflation rise exchange rate: Rise

 Group data is also called : RAW data

 NADRA information: Primary data

 Payment of interest : not financing activity

 Investor return on equity share: Dividend

 Profit margin forumla: Net income/ net sale

 Two line across the face of cheque : cross

 Prime cost: All direct cost

 Income statement: Expense , Revenue, Gai

 Revenue expenditure. Sign board repair

 Not part of Salary: salary from foreign govt

 Red underline in word: Spelling mistake

 Partnership dissolved in case of: all

 Chi Square value:

 Cash overdraft: current liability

 Common cost: Indirect cost

 Non profit organization is not: International corporations

 Internal Audit must ensure:

 Internal audit report is important to management due to:

 Internal check example:

 Which inventory costing methods is not acceptable:

 Accrued liability not recorded: Overstate current ratio

 Appellate tribunal is appointed by: Federal govt

Job rotation

Deviation of mean: Zero

Net profit rato

Food processing unit direct cost: Ingrediants

Strategic planning: Forumlation of plan and put in action

Unused material send to store: Store ledger dr. WIP cr.

Succession plan: Fill the vacancy

Difference between managerial and financial accounting:

Business organizatioms can take form to: all

Consideration moves as: Promise

Ledger keep account of each: asset, liability, equity

Frequency distribution:

Depreciation means: allocation of asset

Debit memorandum issued to supplier: Damaged goods

Monoplies are undesirable due to: control over market

Opportunity cost:

When economy is less than full employment kenyan law:

When investment is sold on price more than the cost:

Capital Expenditure: cash paid , truck purchased

Credit: Buy today, pay tomorrow

unskilled labor

example of indirect labor

separate entity

revenue expense is

bond holders = tie ratio

purchase payment documents

performance is

ledger keeps account of

floating ex rate

From which of the following a businessman cant take loan

What will be the responsibility of budget committe? To draw up sales budget

 

Two lines across the face of cheque?

Which of the following is not an example of nonprofit organization

 

Write-off of intangible asset is amortization?

 

Job rotation?

 

Job enrichment?

Compliance testing?

 

2nd degree equation is quadratic?

Chi square value?

First step of accounting cycle?

Record the transaction?

 

Monopolies are undesirable due to which reason?

Difference b/w managerial accounting and Financial accounting?

Prime cost?

Common cost is also called?

Example of internal check?

To count something to check accuracy

Stregic planning?formulation and implementation

Brainstorming?

 

Profit margin= ?Net income / net sales

Purchase return is also called?

The Contract Act,1872 are consist on how many sections???

 

 

Vision and goal of the organizations ?
Wealth maximization
Social satisfaction
Profit maximization

International mobility is not more in etc

1 . technical knowledge

2.  Capital

3.  unskilled labour

4 . management

 

Frequency distribution?

overlapping

Non-overlapping

 

Appllete tribunal ko kon appoint krta hai?
FBR
Federal govt
Provincial govt
Both federal and provincial govt

A contract of marriage to B but before time B got mad. So contract is
Voidable contract
Void contract
Unenforceable contract
Void agreement

Normal profit in competitive firm?
MC=AC
MR=AR

 

Collection of data by NADRA is an example of?
Primary data
Secondary data
Qualitative data

Probability is always?
Greater than zero
Greater than one
Less than one
Lies b/w 0 and 1

 

Group data is also called?
Raw
Primary
Secondary

Expenses and losses
Nominal Account
Real
both
neither of them

 

Who Conducts the Audit of Public Accounts Committee(PAC)?

Presidential nominated team
Auditor General of Pakistan
State Bank of Pakistan
none of these

Current Kibor rate?
MONETARY RATE?
BENCHMARK RATE?