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349 senior auditor BS-16 posts in Audit department announced by FPSC 349 senior auditor BS-16 posts in Audit department announced by FPSC

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  #431  
Old Monday, June 06, 2016
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Originally Posted by zeekaay View Post
you have missed some questions anyways what is your expected score brother
well its difficult to tell but would be somewhere in 75-80 inshallah
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  #432  
Old Monday, June 06, 2016
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Originally Posted by mustafa abro View Post
usually we pay tax to the tax authority in the period in which company earn profit but when you defer to pay the tax it becomes your obligation which means it becomes your liability to pay in future.
defered tax is both an asset and a libility
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  #433  
Old Monday, June 06, 2016
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deffered taxation is liability
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  #434  
Old Monday, June 06, 2016
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More Question of Batch 1

1. Residual value or solvage value
2. current ratio
3. quick ratio
4. budget definition
5. statefied sampling- randomly selected
6. process costing
7. maslow hierarchy
8. patents-intangible asset
9. depreciation intangible assets
10. company definition having common seal
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  #435  
Old Monday, June 06, 2016
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Originally Posted by Raja Gujral View Post
The test was totally out of syllabus. Examiner didn't even touch the topics like PPRA, PENSION, AUDIT OBJECTIONS, SUPPLEMENTARY GRANT , RE-APPROPRIATION, ANNUAL BUDGET....

This test was not being taken for a listed company as many of the questions asked about shares, directors of the company etc. , which was totally irrelevant.

FPSC has once again violated the rules and played with the future of thousands of aspirants . It also proves the level of incompetency of FPSC.
You are right brother, it seemed like the whole test was prepared by a B.COM Level professor of some private college, if this is the level of competency of the so-called most trustable and competent Commission then I feel so sorry for the future of this country.
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  #436  
Old Monday, June 06, 2016
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Please can anyone share the mcqs of batch 3?

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  #437  
Old Monday, June 06, 2016
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**Big Blunder by FPSC**

In the batch first second and 3rd question were asked about Qualification and disqualification of auditors and much more as per the companies ordinance 1984. AAS(AAS1 was asked in batch 3 and right answer was Nine) Indian laws were asked as we follow ISA.

Unfortunately the answers were of Indian Companies ordinance. Can you imagine they took MCQs from iLMI Guide and Ilmi took from internet and on internet it was all about Indian laws and unfortunately competitive authority did not even know about ordinance itself.

All MCQs were taken from Ilmi Guide, Doger guide, caravan guide etc!!

Best of luck everyone specially people who will get 80+

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  #438  
Old Monday, June 06, 2016
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Originally Posted by khattakmbl View Post
Any one plz mention correct ans as for recording cash sale we use cash book r journal
Cash book

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  #439  
Old Monday, June 06, 2016
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Originally Posted by ahts View Post
If the expected score remains 60 to 70 marks, then i expect, i will get through it. Because in my point of view, a candidate who guesses he get 80 marks, he usually fall around 70 marks. Furthermore, keeping in view the numbers of seats, the expected score may be near 70 marks.
No dude this will cross 85 for open merit seats and will fluctuate from 65 to 80 for quota.

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  #440  
Old Monday, June 06, 2016
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Originally Posted by sansaar View Post
No dude this will cross 85 for open merit seats and will fluctuate from 65 to 80 for quota.

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Please guide me if a candidate qualifies in open merit and fails to obtain good marks in interview then whether he would be considered in his/her provincial quota or he would be considered in open merit only?

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