PPSC Past Papers MCQs

PPSC ACCOUNTS OFFICER (BS 16) FINANCE DEPARTMENT 2011  — 69 MCQs  (Page 3 of 7)

Practice PPSC Past Papers MCQs with solved questions from real past exams. These MCQs cover PPSC ACCOUNTS OFFICER (BS 16) FINANCE DEPARTMENT 2011 past papers and are ideal for candidates preparing for competitive exams.

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Which one is an example of personal account?
  • A. Outstanding interest
  • B. Wages account
  • C. Cash account
  • D. Charity account
Audit of the sole-trader business is
  • A. Compulsory
  • B. Not compulsory
  • C. Compulsory in certain cases
  • D. None of these
Which’ of the following shows the details and results of the company’s profit related activities for a period of time?
  • A. Balance sheet
  • B. Statement of financial position
  • C. Income statement
  • D. Statement of cash flow
Balance sheet is always prepared
  • A. For the year ended
  • B. As on a specific date
  • C. With no specific date
  • D. None of these
What is 10% of 30% of 40%?
  • A. 0.12%
  • B. 1.2%
  • C. 0 012%
  • D. 12%