Will there be any essay writing in test?? Coz one of my friend in PAEC told me that there will be 10 marks of an essay, letter or may be application etc...

What the hell was this ye test aisa hota hey kia? Itna tough tu hamara Financial management ka paper bhi nhi tha.... eyes:

No Dear Test was easy. if you study FM then it was a piece of cake

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Success is simple. Do what's right, the right way, at the right time.

Riaz and sincer bros...easy and tough are relative terms which vary from person to person. This test was, no doubt, the toughest one in term of time. A big time constraint due to major portion of numericals.

PLEASE do share the questions if anyone remember .

Yes bro aur oopar se negative marking bhi

PAEC change pattern this time and given 50 mcqs for the post of J E accounts, and 50 minutes. Out of 50 mcqs 3 analytical, 2 General Knowledge, 2 English mcqs and remaining all purely from Financial Management and Financial Accounting.30+ mcqs from financial management. Any one who have studied FM with concepts will definitely qualify, and seats i think is in range 25 - 30 this time.Questions which i remember are as follows.

1 IRR calculation
2 Simiple interest , Payback Period
3 Ordinary shares characteristics
4 Dupoint analysis question
5 Quick asset ration question
6 Cost volume profit related 2, 3 questions
7 Break Even calculation
8 Dividend calculation
9 Capital budgeting questions

Test was not difficult but just need concepts. GUD LUCK TO all those who appeared for the test.

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"Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna."

I wud really like you to share your result.

The result would be two months later

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Success is simple. Do what's right, the right way, at the right time.

If you were working full-time now, you could earn $20,000 per year. Instead, you are working part-time while going to school. In your current part-time job, you earn $5,000 per year. At your school, the annual cost of tuition, books, and other fees is $2,000. The opportunity cost of completing your education is:
a. $2,000
b. $5,000
c. $17,000
d. $20,000
e. $22,000

The price elasticity of demand is the:
a. percentage change in quantity demanded divided by the percentage change in price
b. percentage change in price divided by the percentage change in quantity demanded
c. dollar change in quantity demanded divided by the dollar change in price
d. percentage change in quantity demanded divided by the percentage change in quantity supplied

If the nominal interest rate is 5% and the inflation rate is 2%, the real interest rate is:
a. 2%
b. 3%
c. 5%
d. 7%
e. 2 ½%

Disposable Income is equal to:
a. National Income c. National Income Minus Taxes
b. Real GDP
c. National Income Minus Taxes
d. National Income Minus Taxes Plus Transfers

The monetary base is composed of:
a. gold and silver
b. currency only
c. currency and reserves
d. currency and checkable deposits

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All is well when End is well