Pak Study MCQs
Books of original entry are called?

A. Ledger
B. Work sheets
C. Journal
D. None of these

For preparing balance sheets prepaid expenses are shown as part of?

A. Liability
B. Equalities
C. Assets
D. None of these

Unpaid and unrecorded expenses are called?

A. Prepaid expense
B. Accrued expense
C. Additional expense
D. None of these

Amount, cash, or other assets removed from business by owner is?

A. Capital
B. Drawing
C. Assets
D. None of these

Under the diminishing balance method depreciation amount is?

A. Payment
B. Receipt
C. Expenditure
D. None of these

The PPP got ___ votes in the 2013 general elections?

A. 5.8 million
B. 6.8 million
C. 7.8 million
D. 8.8 million

Explanation:  

Independent candidates got __votes in the 2013 general elections?

A. 4.8 million
B. 5.8 million
C. 6.8 million
D. 7.8 million

Adiala jail is located in ?

A. Multan
B. Rawalpindi
C. Gujranawala
D. Lahore

Explanation:  

Former president Pervaiz Musharraf resigned in ?

A. Aug 2007
B. Sep 2007
C. Sep 2008
D. Aug 2008

Explanation:  

Returned on investment is computed?

A. Invest / profit * 100
B. (profit / investment) * 100
C. (profit – dividend) / investment * 100
D. None of these