Accountant (BPS-14)
Local Government & Community Development (2020)   
1.  _____is outcome of payment divided by the interest rate            Present value of perpetuity
2.  _____ is a strategy that focuses on offering cheapest product in the market.            Cost leadership
3.  Deferred tax payments would be shown as ______ while calculating net cash flows.            Non-cash charges
4.  ____ is variable that has infinite number of values.            Continuous variable
5.  Departmental level goals may be a good synonym of:            Operational level goals
6.  A service firm may have additional segment of marketing mix:            People
7.  ____ are short term, always backed by a reason and either positive or negative.            Both emotions and moods
8.  Promotion of an employee to fill a vacant post is a good example of:            Internal recruitment
9.  Job enrichment is____            Vertical expansion in job
10.  _____ is a digital asset designed to work as a medium of exchange.            Cryptocurrency
11.  _____has a unique origin i.e. zero.            Ratio scale
12.  A strategy where firm tries to expand the market and move to a new market with existing product is called:            Market Penetration
13.  _____not a form of departmentalization            Quality based
14.  If human is an iceberg, the visible part of human would better be termed as:            Behavior
15.  _____ represents the net worth of a business.            Assets net of liabilities
16.  Gathering information from advertising campaigns and sales people could be better named as:            Commercial sources of information gathering
17.  _____ dimension of transformational leadership deals with the focus on each member of the organization.            Inspirational motivation
18.  ____focuses on the future needs of both organizational and employee needs.            training and development
19.  The working capital reaches to zero when the current ratio is:            1
20.  Accounting principles are generally based on            Practicability
21.  Real accounts are related to            Assets
22.  Quick Asset includes which of the fallowing            Account receivable
23.  Depreciation Expense is            Added to the accumulated
24.  Double entry book-keeping was fathered by            Lucas Pacioli.
25.  Partners in Pakistan can today be fixed at the following numbers            20
26.  Cash budget excludes the following            Non-Cash items
27.  NGOs are legally required to            Prepare accounts in a prescribed manner under the law
28.  Conversion cost is            Labour Cost + Overhead Cost
29.  Process Costing is relevant to            Cement industry
30.  A partnership, in today's Pakistan, under the current law can have the following number of partners            20
31.  Combination can be best described as            Amalgamation of two different types of businesses
32.  Sources of funds can be increased by            None of above
33.  Books of original entry are called:            Journal
34.  For preparing balance sheets prepaid expenses are shown as part of            Assets
35.  Unpaid and unrecorded expenses are called            Accrued expenses
36.  Amount, cash, or other assets removed from business by owner is            Drawings
37.  Under the diminishing balance method depreciation amount is            Expenditure
38.  Return on investment is computed            (Profit / Investment) x 100
39.  Sugar used in a sugarcane company is            Variable cost
40.  An auditor is liable under the followin~ circumstances            Fraud perpetrated in highly sophisticated circumstances '
41.  Conversion Cost is calculated as under            Labour plus overheads
42.  Double Entry Book Keeping was fathered by            ' Luca Paioli
43.  Accumulated loss of a company is shown in the balance sheet as            Asset
44.  Under the Companies Ordinance 1984, disclosure of financial information is legally required for listed companies under            Schedule 4
45.  Trading loss occurs when            When relevant matching cost exceeds revenues
46.  Accounting requirements governing NGOs are prescribed in            Cooperative Societies legislation
47.  Work sheet is equivalent to            Trial Balance
48.  The following represent tangible assets and are shown in the balance sheet as            Goodwill
49.  Under the Rule of thumb a good current ratio is            2 : 1
50.  Pakistan follows the following budgeting system at Federal level            Incremental I decremental budgeting
51.  PSX is a/an ______ company.            Single member
52.  _____ is a better synonym for an average.            Arithmetic mean
53.  Setting goals and devising strategies to achieve them denotes which of the management function?            Planning
54.  Marketing is an _______            Both in and outside activity
55.  Class room lectures, seminars and workshops are example of:            Off the job training
56.  Selling is different from marketing, as:            Selling is outside in activity
57.  Herzberg's Motivation . two-factor theory covers, factors named ____ and            Hygiene and motivator factors
58.  The ownership of central bank of a country may belong to:            Government
59.  ______ related personality factor deals with one's ability to manage emotions.            Emotional Intelligence
60.  _____ is a form of partnership where a partner is liable for amount of capital invested in business.            Limited partnership
61.  Who is the current President of Cuba?            Miguel Diaz Canel
62.  What is the harm from the depletion of Earth's Ozone Layer?            Increased amount of UV rays will reach Earth's surface
63.  The United States of America at present is a Federation consisting of: ·            50 states
64.  The compound used in anti-Malaria drugs is:            Chloroquine
65.  Tonsils in humans are located in which part of the body?            Throat
66.  "Leukemia" is a disease of the:            Blood
67.  The capital of 'Somalia' is:            Mogadishu
68.  Who was appointed as the first President of All India Muslim League?            Sir Agha Khan
69.  Who is a Polymath?            Expert of many subjects
70.  Which Surah of the Holy Quran is called Umm-ul-Kitab?            Surah Fateha
71.  Hazrat Muhammad (SAW) gave the key of Baitullah permanently to:            Hazrat Usman Bin Talha (R
72.  Hazrat Muhammad (PBUH) went to Syria with Hazrat Abu Talib at the age of:            12years
73.  What is the meaning of the expression "Enroute"?            On the way
74.  Antonym of "Static" is:            Mobile
75.  Complete the proverb: "There is no place like ________            Home
76.  Fill in the blanks: The Romans triumphed _____ the Greeks.            Over
77.  Which city of Pakistan is called the "City of Saints"?            Multan
78.  The first Pakistan National Marathon Race was organized at:            Islamabad
79.  In MS Excel 2016, mainly ____ types of 'Page Orientation' are available.            2
80.  An email cannot be sent without:            Receiver's email address
81.  In medical field computers are used in:            All of these
82.  The process of transferring files from internet to your computer is called:            Downloading
83.  Complete the number series: 1, 6, 13, 22, 33,_______            46
84.  If x = 3, then x³ = ?            27
85.  Complete the series 1, 0, 3, 2, 5, 4, ______            7
86.  Ali is twice as old as his youngest brother if the difference between their ages is 15 years. How old is his youngest brother?            15
87.  Microsoft Windows is the great invention of:            Both B & C
88.  Who was the first woman to travel into space?            Valentina Tereshkova
89.  "Genoa" is a seaport of:            Italy
90.  Silicon valley is situated in:            Boston USA
91.  Which of the following country is not part of South Asia?            Brunei Darussalam
92.  _____is the longest river of Balochistan province.            Hingol
93.  A famous city of Burman is:            Rangoon
94.  Railway, Vehicles and aeroplanes are called:            Means of Communication
95.  Civilian Martial Law with President Z.A. Bhutto at the helm of affairs came to an end on:            April 21, 1972
96.  Hazrat Shah Wali Ullah, a great religious scholar, was born during the reign of which Mughal emperor?            Aurangzeb
97.  لیت و لعل کرنا " سے کیا مراد ہے؟ "            ٹال مٹول کرنا
98.  اتش کد" کس مشہور شاعر کا مجموعہ کلام ہے "            مرزا غالب
99.  بس کہ دشوار ہے ہر کام کا آساں ہونا آدمی کو بھی میسر نہیں انساں ہونا درج ذیل شعر کس کا ہے؟            اسد اللہ غالب
100.  اردوافسانہ گڈریا کس کی تخلیق ہے؟            اشفاق احمد