Welcome to Jobs Past Papers If you are looking for PPSC Past Papers preparation you are at the right place. This page is about PPSC Accountant Past Papers of PPSC Test Preparation MCQs which was conducted by Punjab Public Service Commission on 12-09-2020 for the recruitments of various posts Accountant (s) for Local Government & Community Development Department, Punjab.
PPSC Advertisement:
Name of Post (With Pay Scale):
Accountatn (BS-14)Name of Department:
Local Government & Community Development, PunjabCase Number:
38G2020Advertisement Number:
14/2020Advertisement Month:
June, 2020Closeing Date:
13-07-2020No. of Posts:
97 (Ninenty Nine)Number of Applicants:
11,321Exam (Held on):
12-09-2020PPSC Written Test Past Paper (Solved) for the Post of Accountant (BS-14) held on 12-09-2020:
Q1: Who is the current president of Cuba?
A) Castro
B) Hugo Chavez
C) Miguel DÃaz-Canel
D) None of these
Q2: What is the harm from the depletion of Earth’s ozone layer?
A) The Oxygen content of the surface will increase seriously
B) The Oxygen content of the surface will decrease
C) Increase amount of UV rays will reach Earth’s surface
D) None of these
Q3: The United State of America at present is the Federation of?
A) 48 States
B) 50 States
C) 52 States
D) 54 States
Q4: The compound used in anti-malarial drug is?
A) Chloroquin
B) Aspirin
C) Neoprene
D) Isoprene
Q5: Tonsils in humans are located in which part of the body?
A) Legs
B) Nervous System
C) Throat
D) Kidney
Q6: “Leukemia” is the disease of the ……?
A) Lungs
B) Blood
C) Kidney
D) Skin
Q7: The capital of “Somalia” is?
A) Kampuchea
B) Maputo
C) Asmara
D) Mogadishu
Q8: Who was appointed as the first president of All India Muslim League?
A) Nawab Mohsin-ul-Mulk
B) Nawab Viqar-ul-Mulk
C) Nawab Saleemullah Khan
D) Sir Agha Khan
Q9: Who is a polymath?
A) Mathimatician
B) Astronomer
C) Inventor of Tools
D) Expert of many
Q10: Which Surah of the Holy Quran is called Umm-ul-Kitab?
A) Surah Yaseen
B) Surah Rahman
C) Surah Baqara
D) Surah Fateha
Q11: Hazrat Muhammad (SAW) gave the key of Baitullah permanently to?
A) Hazrat Usman bin Talha R.A
B) Hazrat Abdullah bin Aamir R.A
C) Hazrat Hanzla bin Abi Aamir R.A
D) Hazrat Khalid bin Walid R.A
Q12: Hazrat Muhammad (PBUH) went to Syria with Hazrat Abu Talib at the age of?
A) 12 years
B) 15 years
C) 16 years
D) None of these
Q13: What is the meaning of the expression “En route”?
A) On the way
B) By the way
C) Difficult route
D) Familiar route
Q14: Antonym of “Static” (جامد) is?
A) Monotonous
B) Uninviting
C) Mobile
D) Constant
Q15: Complete the Proverb: There is no place like …….?
A) Home
B) House
C) Heaven
D) A forest
Q16: Fill in the blank: The Roman trumped ……. the Greek?
A) on
B) at
C) over
D) of
Q17: Which city of Pakistan is called the “City of Saints”?
A) Laore
B) Multan
C) Faislabad
D) None of these
Q18: The first Pakistan National Marathon race was organized at?
A) Islamabad
B) Karachi
C) Lahore
D) Multan
Q19: In MS-Excel 2016, mainly ……. types of Page Orientations are available?
A) 2
B) 3
C) 4
D) 5
Q20: An email cannot send without?
A) Subject
B) Attachment
C) Receiver’s email Address
D) Message
A) Castro
B) Hugo Chavez
C) Miguel DÃaz-Canel
D) None of these
Q2: What is the harm from the depletion of Earth’s ozone layer?
A) The Oxygen content of the surface will increase seriously
B) The Oxygen content of the surface will decrease
C) Increase amount of UV rays will reach Earth’s surface
D) None of these
Q3: The United State of America at present is the Federation of?
A) 48 States
B) 50 States
C) 52 States
D) 54 States
Q4: The compound used in anti-malarial drug is?
A) Chloroquin
B) Aspirin
C) Neoprene
D) Isoprene
Q5: Tonsils in humans are located in which part of the body?
A) Legs
B) Nervous System
C) Throat
D) Kidney
Q6: “Leukemia” is the disease of the ……?
A) Lungs
B) Blood
C) Kidney
D) Skin
Q7: The capital of “Somalia” is?
A) Kampuchea
B) Maputo
C) Asmara
D) Mogadishu
Q8: Who was appointed as the first president of All India Muslim League?
A) Nawab Mohsin-ul-Mulk
B) Nawab Viqar-ul-Mulk
C) Nawab Saleemullah Khan
D) Sir Agha Khan
Q9: Who is a polymath?
A) Mathimatician
B) Astronomer
C) Inventor of Tools
D) Expert of many
Q10: Which Surah of the Holy Quran is called Umm-ul-Kitab?
A) Surah Yaseen
B) Surah Rahman
C) Surah Baqara
D) Surah Fateha
A) Hazrat Usman bin Talha R.A
B) Hazrat Abdullah bin Aamir R.A
C) Hazrat Hanzla bin Abi Aamir R.A
D) Hazrat Khalid bin Walid R.A
Q12: Hazrat Muhammad (PBUH) went to Syria with Hazrat Abu Talib at the age of?
A) 12 years
B) 15 years
C) 16 years
D) None of these
Q13: What is the meaning of the expression “En route”?
A) On the way
B) By the way
C) Difficult route
D) Familiar route
Q14: Antonym of “Static” (جامد) is?
A) Monotonous
B) Uninviting
C) Mobile
D) Constant
Q15: Complete the Proverb: There is no place like …….?
A) Home
B) House
C) Heaven
D) A forest
Q16: Fill in the blank: The Roman trumped ……. the Greek?
A) on
B) at
C) over
D) of
Q17: Which city of Pakistan is called the “City of Saints”?
A) Laore
B) Multan
C) Faislabad
D) None of these
Q18: The first Pakistan National Marathon race was organized at?
A) Islamabad
B) Karachi
C) Lahore
D) Multan
Q19: In MS-Excel 2016, mainly ……. types of Page Orientations are available?
A) 2
B) 3
C) 4
D) 5
Q20: An email cannot send without?
A) Subject
B) Attachment
C) Receiver’s email Address
D) Message
Q21: In Medical field computers are used in?
A) Laboratories
B) Patient scanning
C) Monitoring and Pharmacy
D) All of these
Q22: The process of transferring files from the internet to your computer is called?
A) Downloading
B) Uploading
C) Forwarding
D) FTP
Q23: Complete the series: 1, 6, 13, 22, 33, …….?
A) 44
B) 45
C) 46
D) 47
Q24: Solve: If x=3 then, x3 =?
A) 6
B) 9
C) 27
D) 81
Q25: Ali is twice as old as her youngest brother. If the difference between their ages is 15 years. How old is her youngest brother?
A) 10
B) 15
C) 20
D) 25
Q26: Microsoft Windows is the great invasion of?
A) Charles Ranlett Flint
B) Paul Allen
C) Bill Gates
D) Both B & C
Q27: Who was the first woman to travel in space?
A) Saily Ride
B) Valentina Tereshkova
C) Svetlana Savitskaya
D) Ellen Collins
Q28: “Genoa” is the seaport of?
A) Italy
B) Spain
C) France
D) Germany
Q29: Silicon Valley is situated in?
A) New York, USA
B) California, USA
C) Boston, USA
D) Oxford, UK
Q30: Which of the following country is not part of South Asia?
A) Nepal
B) Bhutan
C) Sri Lanka
D) Brunei Darussalam
Q31: ……. is the longest river of Baluchistan province?
A) Kech
B) Hingol
C) Dasht
D) None of these
Q32: A famous city of Burma is ……?
A) Agra
B) Bangkok
C) Dhaka
D) Rangoon
Q33: Railways, Vehicles and aeroplanes are called?
A) Means of communication
B) Means of transport
C) Means of trade
D) Means of Industrial development
Q34: Civilian Martial Law with president Z.A. Bhutto at the helm of affairs came to end on?
A) April 2, 1972
B) April 21, 1972
C) August 14, 1972
D) August 15, 1972
Q35: Hazrat Shah Wali Ullah, a great religious scholar, was born during the reign of which Mughal emperor? A) Akbar
B) ShahJahan
C) Aurangzeb
D) None of these
Q36: ……. is outcome of payment divided by the interest rate?
A) Due perpetuity
B) Deferred value perpetuity
C) Present value of perpetuity
D) Future value of perpetuity
Q37: …… is a strategy that focuses on offering cheapest product in the market?
A) Cost leadership
B) Focus Strategy
C) Differential Strategy
D) none of these
Q38: Deferred tax payments would be shown as ……. while calculating net cash flows:
A) Non-cash charges
B) Non-cash revenues
C) Income expense
D) Current liabilities
Q39: ……. is variable that has infinite number of values.
A) Continuous variable
B) Discrete variable
C) Classificatory variable
D) None of these
Q40: Departmental level goals may be a good synonym of:
A) Corporate level goals
B) Business level goals
C) Operational level goals
D) Financial goals
A) Laboratories
B) Patient scanning
C) Monitoring and Pharmacy
D) All of these
Q22: The process of transferring files from the internet to your computer is called?
A) Downloading
B) Uploading
C) Forwarding
D) FTP
Q23: Complete the series: 1, 6, 13, 22, 33, …….?
A) 44
B) 45
C) 46
D) 47
Q24: Solve: If x=3 then, x3 =?
A) 6
B) 9
C) 27
D) 81
Q25: Ali is twice as old as her youngest brother. If the difference between their ages is 15 years. How old is her youngest brother?
A) 10
B) 15
C) 20
D) 25
Q26: Microsoft Windows is the great invasion of?
A) Charles Ranlett Flint
B) Paul Allen
C) Bill Gates
D) Both B & C
Q27: Who was the first woman to travel in space?
A) Saily Ride
B) Valentina Tereshkova
C) Svetlana Savitskaya
D) Ellen Collins
Q28: “Genoa” is the seaport of?
A) Italy
B) Spain
C) France
D) Germany
Q29: Silicon Valley is situated in?
A) New York, USA
B) California, USA
C) Boston, USA
D) Oxford, UK
Q30: Which of the following country is not part of South Asia?
A) Nepal
B) Bhutan
C) Sri Lanka
D) Brunei Darussalam
A) Kech
B) Hingol
C) Dasht
D) None of these
Q32: A famous city of Burma is ……?
A) Agra
B) Bangkok
C) Dhaka
D) Rangoon
Q33: Railways, Vehicles and aeroplanes are called?
A) Means of communication
B) Means of transport
C) Means of trade
D) Means of Industrial development
Q34: Civilian Martial Law with president Z.A. Bhutto at the helm of affairs came to end on?
A) April 2, 1972
B) April 21, 1972
C) August 14, 1972
D) August 15, 1972
Q35: Hazrat Shah Wali Ullah, a great religious scholar, was born during the reign of which Mughal emperor? A) Akbar
B) ShahJahan
C) Aurangzeb
D) None of these
A) Due perpetuity
B) Deferred value perpetuity
C) Present value of perpetuity
D) Future value of perpetuity
A) Cost leadership
B) Focus Strategy
C) Differential Strategy
D) none of these
Q38: Deferred tax payments would be shown as ……. while calculating net cash flows:
A) Non-cash charges
B) Non-cash revenues
C) Income expense
D) Current liabilities
A) Continuous variable
B) Discrete variable
C) Classificatory variable
D) None of these
Q40: Departmental level goals may be a good synonym of:
A) Corporate level goals
B) Business level goals
C) Operational level goals
D) Financial goals
Q41: A service firm may have additional segment of marketing mix:
A) People
B) Price
C) Place
D) Promotion
Q42: …… are short term, always backed by a reason and either positive or negative.
A) Emotions
B) Moods
C) Both emotions and moods
D) None of these
Q43: Promotion of an employee to fill a vacant post is a good example of:
A) External recruitment
B) Online recruitment
C) Internal recruitment
D) All of these
Q44: Job enrichment is ……?
A) Vertical expansion in job
B) Horizontal expansion in job
C) Lateral expansion in job
D) None of these
Q45: …… is a digital asset designed to work as a medium of exchange?
A) E-commerce
B) E-currency
C) Crypto currency
D) None of these
Q46: ……. has a unique origin i.e zero:
A) Nominal scale
B) Ordinal scale
C) Interval scale
D) Ratio scale
Q47: A strategy where firm tries to expand the market and move to a new market with existing product is called?
A) Market development
B) Diversification
C) Product development
D) Market Penetration
Q48: …… not a form of departmentalization:
A) Geographical based
B) Functional based
C) Product based
D) Quality based
Q49: If human is an iceberg, the visible pan of human would better be termed as:
A) Attitude
B) Behavior
C) Attitude
D) None of the above
Q50: ……. represents the net worth of a business:
A) Assets net of liabilities
B) Liabilities net of assets
C) Liabilities net of earning
D) Earnings per share
Q51: Gathering information from advertising campaigns and sales people could be better named as:
A) Personal sources of information gathering
B) Experiential sources of information gathering
C) Commercial sources of information gathering
D) None of these
Q52: ……. dimension of transformational leadership deals with the focus on each member of the organization.
A) Idealized influence
B) Inspirational motivation
C) Individualized consideration
D) None of the above
Q53: …… focuses on the future needs of both organizational and employee needs:
A) Training and development
B) Performance management
C) Career management
D) None of these
Q54: The working capital reaches to zero when the current ratio is:
A) 1
B) 2
C) 3
D) None of these
Q55: Accounting principles are generally based on:
A) Practicability
B) Subjectivity
C) Convenience in recording
D) None of the above
Q56: Real accounts are related to:
A) Assets
B) Expense and incomes
C) Customers and creditor
D) None of the above
Q57: Quick Asset includes which of the fallowing?
A) Cash
B) Account receivable
C) Both A & B
D) Marketable securities
Q58: Depreciation Expense is:
A) A cash inflow
B) A cash outflow
C) Added to the accumulated
D) Ignored when proper cash flow statements
Q59: Double entry book-keeping was fathered by?
A) F.W. Taylor
B) Henry Fayol
C) Lucas Pacioli
D) None of the above
Q60: Partners in Pakistan can today be fixed at the following numbers:
A) 20
B) 50
C) 70
D) 22
A) People
B) Price
C) Place
D) Promotion
A) Emotions
B) Moods
C) Both emotions and moods
D) None of these
Q43: Promotion of an employee to fill a vacant post is a good example of:
A) External recruitment
B) Online recruitment
C) Internal recruitment
D) All of these
Q44: Job enrichment is ……?
A) Vertical expansion in job
B) Horizontal expansion in job
C) Lateral expansion in job
D) None of these
Q45: …… is a digital asset designed to work as a medium of exchange?
A) E-commerce
B) E-currency
C) Crypto currency
D) None of these
A) Nominal scale
B) Ordinal scale
C) Interval scale
D) Ratio scale
Q47: A strategy where firm tries to expand the market and move to a new market with existing product is called?
A) Market development
B) Diversification
C) Product development
D) Market Penetration
A) Geographical based
B) Functional based
C) Product based
D) Quality based
Q49: If human is an iceberg, the visible pan of human would better be termed as:
A) Attitude
B) Behavior
C) Attitude
D) None of the above
A) Assets net of liabilities
B) Liabilities net of assets
C) Liabilities net of earning
D) Earnings per share
Q51: Gathering information from advertising campaigns and sales people could be better named as:
A) Personal sources of information gathering
B) Experiential sources of information gathering
C) Commercial sources of information gathering
D) None of these
Q52: ……. dimension of transformational leadership deals with the focus on each member of the organization.
A) Idealized influence
B) Inspirational motivation
C) Individualized consideration
D) None of the above
A) Training and development
B) Performance management
C) Career management
D) None of these
Q54: The working capital reaches to zero when the current ratio is:
A) 1
B) 2
C) 3
D) None of these
Q55: Accounting principles are generally based on:
A) Practicability
B) Subjectivity
C) Convenience in recording
D) None of the above
A) Assets
B) Expense and incomes
C) Customers and creditor
D) None of the above
Q57: Quick Asset includes which of the fallowing?
A) Cash
B) Account receivable
C) Both A & B
D) Marketable securities
Q58: Depreciation Expense is:
A) A cash inflow
B) A cash outflow
C) Added to the accumulated
D) Ignored when proper cash flow statements
A) F.W. Taylor
B) Henry Fayol
C) Lucas Pacioli
D) None of the above
Q60: Partners in Pakistan can today be fixed at the following numbers:
A) 20
B) 50
C) 70
D) 22
Q61: Cash budget excludes the following:
A) Non-Cash items
B) Cash items
C) Purchase on Credit items
D) Credit sales
Q62: NGOs are legally required to:
A) Prepare accounts in a prescribed manner under the law
B) Prepare accounts as desired by donors
C) Submit Balance sheet only
D) Submit income source only
Q63: Conversion cost is:
A) Material Cost + Overhead Cost
B) Direct Labour + Material Cost
C) Direct Labour – Material Cost
D) Labour Cost + Overhead Cost Process
Q64: Costing is relevant to:
A) Cement industry
B) Job Order cost oriented Projects
C) Banking industry
D) None of the above
Q65: A partnership, in today’s Pakistan, under the current law can have the following number of partners:
A) 50
B) 20
C) 100
D) 70
Q66: Combination can be best described as:
A) Restructuring of Capital of a Company
B) Reduction of Capital of a Company
C) Amalgamation of two different types of businesses
D) Joint venture
Q67: Sources of funds can be increased by:
A) Describing selling prices
B) Increasing expenditure
C) By opting efficient processes
D) None of above
Q68: Books of original entry are called?
A) Ledger
B) Journal
C) Work sheets
D) None of these
Q69: For preparing balance sheets expenses are shown as part of:
A) Liability
B) Equities
C) Assets
D) None of these
Q70: Unpaid and unrecorded expenses are called?
A) Prepaid expenses
B) Accrued expenses
C) Additional expenses
D) None of these
Q71: Amount, cash or other assets removed from business by owner is:
A) Capital
B) Drawings
C) Assets
D) None of these
Q72: Under the diminishing balance method depreciation amount is:
A) Payment
B) Receipt
C) Expenditure
D) None of these
Q73: Return on investment is computed:
A) Investment / Profit x 100
B) (Profit / Investment) x 100
C) (Profit — dividend) / investment x 100
D) None of these
Q74: Sugar used in a sugarcane company is:
A) Variable cost
B) Semi Variable Cost
C) Fixed cost
D) Step fixed cost
Q75: An auditor is liable under the following circumstances:
A) Third Party Liabilities
B) Fraud perpetrated in highly sophisticated circumstances
C) Both of the above
D) None of these
Q76: Conversion Cost is calculated as under:
A) Labour plus Materials
B) Labour plus overheads
C) Labour minus overhead
D) None of these
Q77: Accumulated loss of a company is shown in the balance sheet as:
A) Liability
B) Asset
C) As foot note to balance sheet
D) None of these
Q78: Under the Companies Ordinance 1984, disclosure of financial information is legally required for listed companies under:
A) Schedule 6
B) Schedule 5
C) Schedule 4
D) Schedule 8
Q79: Trading loss occurs when:
A) Revenues exceed the matching relevant
B) Revenue and matching costs are equal to costs each other
C) When relevant matching cost exceeds revenues
D) None of these
Q80: Accounting requirements governing NGOs prescribed in:
A) Partnership Act 1932
B) Cooperative Societies legislation
C) Companies Ordinance 1984
D) None of these
Q81: Work sheet is equivalent to:
A) Balance sheet
B) Income statement
C) Trial Balance
D) None of these
Q82: The following represent tangible assets and are shown in the balance sheet as:
A) People
B) Expenses
C) Revenue
D) Goodwill
Q83: Under the Rule of thumb a good current rat is:
A) 6 : 1
B) 10: 1
C) 5 : 1
D) 2 : 1
Q84: Pakistan follows the following budgeting system at Federal level:
A) Zero-Based Budgeting
B) Program Budgeting
C) Incremental / decremental budgeting
D) Responsibility
Q85: Budgeting PSX is a/an ……. company:
A) Limited by shares
B) Unlimited liability
C) Single member
D) Limited by guarantee
Q86: …… is a better synonym for an average.
A) Geometric mean
B) Harmonic mean
C) Arithmetic mean
D) Weighted average mean
Q87: Setting goals and devising strategies to achieve them denotes which of the management function?
A) Controlling
B) Leading
C) Organizing
D) Planning
Q88: Marketing is an ……..?
A) Outside in activity
B) Inside out activity
C) Both in and outside activity
D) None of these
Q89: Class room lectures, seminars and workshops are example of:
A) Non-Job training
B) On the job training
C) Off the job training
D) None of these
Q90: Selling is different from marketing, as:
A) Selling is outside in activity
B) Selling is inside out activity
C) Marketing is inside out activity
D) All of these
Q91: Herzberg’s Motivation two factor theory covers, factors named ……. And ……?
A) Hygiene and motivator factors
B) Hygiene and esteem factors
C) Motivators and esteem factors
D) None of these
Q92: The ownership of central bank of may belong to:
A) Government
B) Private ownership
C) Both A and B
D) None of these
Q93: ……. related personality factor deals with one’s ability to manage emotions.
A) Emotional Intelligence
B) Consciousness
C) Neuroticism
D) Openness to experience
Q94: …… is a form of partnership where a partner is liable for amount of capital invested in business:
A) Special partnership
B) General partnership
C) Limited partnership
D) None of these
Q95: Main Instrument of money market is:
A) Shares
B) Debentures
C) Mortgages
D) Treasury bill
A) Non-Cash items
B) Cash items
C) Purchase on Credit items
D) Credit sales
Q62: NGOs are legally required to:
A) Prepare accounts in a prescribed manner under the law
B) Prepare accounts as desired by donors
C) Submit Balance sheet only
D) Submit income source only
Q63: Conversion cost is:
A) Material Cost + Overhead Cost
B) Direct Labour + Material Cost
C) Direct Labour – Material Cost
D) Labour Cost + Overhead Cost Process
Q64: Costing is relevant to:
A) Cement industry
B) Job Order cost oriented Projects
C) Banking industry
D) None of the above
Q65: A partnership, in today’s Pakistan, under the current law can have the following number of partners:
A) 50
B) 20
C) 100
D) 70
A) Restructuring of Capital of a Company
B) Reduction of Capital of a Company
C) Amalgamation of two different types of businesses
D) Joint venture
Q67: Sources of funds can be increased by:
A) Describing selling prices
B) Increasing expenditure
C) By opting efficient processes
D) None of above
Q68: Books of original entry are called?
A) Ledger
B) Journal
C) Work sheets
D) None of these
Q69: For preparing balance sheets expenses are shown as part of:
A) Liability
B) Equities
C) Assets
D) None of these
Q70: Unpaid and unrecorded expenses are called?
A) Prepaid expenses
B) Accrued expenses
C) Additional expenses
D) None of these
A) Capital
B) Drawings
C) Assets
D) None of these
Q72: Under the diminishing balance method depreciation amount is:
A) Payment
B) Receipt
C) Expenditure
D) None of these
Q73: Return on investment is computed:
A) Investment / Profit x 100
B) (Profit / Investment) x 100
C) (Profit — dividend) / investment x 100
D) None of these
Q74: Sugar used in a sugarcane company is:
A) Variable cost
B) Semi Variable Cost
C) Fixed cost
D) Step fixed cost
Q75: An auditor is liable under the following circumstances:
A) Third Party Liabilities
B) Fraud perpetrated in highly sophisticated circumstances
C) Both of the above
D) None of these
A) Labour plus Materials
B) Labour plus overheads
C) Labour minus overhead
D) None of these
A) Liability
B) Asset
C) As foot note to balance sheet
D) None of these
Q78: Under the Companies Ordinance 1984, disclosure of financial information is legally required for listed companies under:
A) Schedule 6
B) Schedule 5
C) Schedule 4
D) Schedule 8
Q79: Trading loss occurs when:
A) Revenues exceed the matching relevant
B) Revenue and matching costs are equal to costs each other
C) When relevant matching cost exceeds revenues
D) None of these
Q80: Accounting requirements governing NGOs prescribed in:
A) Partnership Act 1932
B) Cooperative Societies legislation
C) Companies Ordinance 1984
D) None of these
Q81: Work sheet is equivalent to:
A) Balance sheet
B) Income statement
C) Trial Balance
D) None of these
Q82: The following represent tangible assets and are shown in the balance sheet as:
A) People
B) Expenses
C) Revenue
D) Goodwill
A) 6 : 1
B) 10: 1
C) 5 : 1
D) 2 : 1
Q84: Pakistan follows the following budgeting system at Federal level:
A) Zero-Based Budgeting
B) Program Budgeting
C) Incremental / decremental budgeting
D) Responsibility
Q85: Budgeting PSX is a/an ……. company:
A) Limited by shares
B) Unlimited liability
C) Single member
D) Limited by guarantee
A) Geometric mean
B) Harmonic mean
C) Arithmetic mean
D) Weighted average mean
Q87: Setting goals and devising strategies to achieve them denotes which of the management function?
A) Controlling
B) Leading
C) Organizing
D) Planning
Q88: Marketing is an ……..?
A) Outside in activity
B) Inside out activity
C) Both in and outside activity
D) None of these
A) Non-Job training
B) On the job training
C) Off the job training
D) None of these
Q90: Selling is different from marketing, as:
A) Selling is outside in activity
B) Selling is inside out activity
C) Marketing is inside out activity
D) All of these
Q91: Herzberg’s Motivation two factor theory covers, factors named ……. And ……?
A) Hygiene and motivator factors
B) Hygiene and esteem factors
C) Motivators and esteem factors
D) None of these
Q92: The ownership of central bank of may belong to:
A) Government
B) Private ownership
C) Both A and B
D) None of these
A) Emotional Intelligence
B) Consciousness
C) Neuroticism
D) Openness to experience
A) Special partnership
B) General partnership
C) Limited partnership
D) None of these
Q95: Main Instrument of money market is:
A) Shares
B) Debentures
C) Mortgages
D) Treasury bill
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