1. when there is a net profit, which of the items are deducted from net profit to arrive at cash from operations?
ans. inc in C.A


2. An expenditure is classified capital expenditure when,
Ans. it is intended to benefit number of future years

3. hazrat Nooh ki qoam pay flood ka azaab aaya tha

4. Hazrat zikrya (A.S) ki doua k tufail Hazrat Yahya (A.s) was born

5. trial balance is prepared to locate
Ans. Clerical errors

6. Niche marketing is used for sub segments

7. performance appraisal is a??? not sure i encircled "controlling activity"

8. opportunity cost of the one who got 100000 on retirement was 25000

9. cash audit is done by charted accountant

10. strategic management is?? i encircled "continuous process"

11. four steps of planning are??

12. fiscal policy is used for taxation

13. low pricing for capturing more customers
Ans. marketing penetration strategy

14. price elasticity of demand= %age change in quantity demanded/%age change in price

15. unnecessary option for new product or service or for refining existing product?

16. capital budgeting is for long term

17. cost in managerial terms?? i encircled product cos

18. which risk is common for all securities? i guess systematic risk

19. Ending finished goods inventory cost =?

20. when a researcher answers who, when, whom ???
its exploratory

21. utilization of assets for generation revenue = Asset turn over ratio

22. bin qasim in 1712

23. Material used to make windows of space shuttle?
.carbon .diamond .steel .graphite.
24. Mercury Thermometer invented by?
newton .farenheit .galileo .dont remember 4th one!

25. Combustion produces
.light only .heat only .both .none of these


26. gas used in fire extinguisher?
.neon .carbon dioxide .nitrogen ..dont remember 4th one!

27. In sub continent muslims started non cooperation movement to: (dont remember exact wordings)
.expel brtitishers .for independence & suppport khilafat issue in turkey .


28. Which one of the following cost would not be termed as Product Costs?
a)Indirect Material
b)Direct Labor
c)Administrative Salaries
d)Plant supervisor’s Salary
29. While calculating the finished goods ending inventory, what would be the formula
to calculate per unit cost?
e)Cost of goods sold / number of units sold
f)Cost of goods to be manufactured / number of units manufactured
g)Cost of goods manufactured / number of units manufactured
h)Total manufacturing cost / number of units manufactured

30. The main purpose of cost accounting is to:
a.Maximize profits.
b.Help in inventory valuation
c.Provide information to management for decision making
d.Aid in the fixation of selling price


31. There was a question like equal payment at now etc and the options were
1. Present value of annuity
2. Future value of annuity
3. Ordinary anuity
4 anuity due

32. 7. What is closed enonomy?
no import no export

33. maximizing earning after taxes...profit maximization..

34. EPS after tax profit divided by # of C.S shares

35. per unit cost of finished goods= total goods manufactured/ # of units manufacture

36. job appraisal is part of......controlling