Operating Profit is
a. Profit after deducting financial costs
b. Profit after deducting taxes
c. Profit after deducting normal operating expenses including depreciation
(d) None of these
Operating Profit is Read More »
Accounting
Process Costing is relevant to
a. Cement industry
b. Job Order cost oriented Projects
c. None of the above
Process Costing is relevant to Read More »
Conversion cost is
a. Material Cost + Overhead Cost
b. Direct Labour + Material Cost
c. Labour Cost + Overhead Cost
(d) None of these
Conversion cost is Read More »
Fixed Cost
a. Changes with production
b. Never changes even if production capacity is doubled
c. None of the above
NGOs are legally required to
(a) Prepare accounts in a prescribed manner under the law.
(b) Prepare accounts as desired by donors.
(c) None of these
NGOs are legally required to Read More »
Cash budget excludes the following
(a) Non-Cash items
(b) Cash items
(c) Purchase on Credit items
(d) None of these
Cash budget excludes the following Read More »
Every limited Company in Pakistan is required by law to include the following along with financial reports
(a) Ratio Analysis
(b) Chairman’s Review
(c) None of these
Directors Report is —- in respect of financial report constituent
(a) Mandatory for a limited Company
(b) Voluntary for a limited Company
(c) None of these.
Directors Report is —- in respect of financial report constituent Read More »
Investment Corporation of Pakistan follows
(a) Open-end mutual funds
(b) Closed-end mutual funds
(c) None of these
Investment Corporation of Pakistan follows Read More »
Deferred Taxation is
(a) Fixed asset
(b) Fixed liabilities
(c) Part of Owners Equity
(d) None of these
Deferred Taxation is Read More »