Q. Quick Ratio is also known as?
Answer: Acid-test Ratio
Q. In which type of market, new securities are traded?
Answer: Primary market
Q. Products costs include which of the following?
Answer: Manufacturing overhead
Q. The system by which companies are managed and controlled is known as _____?
Answer: Corporate Governance
Q. Profit maximization is the maximizing a firm’s Earning?
Answer: After Tax
Q. Management deals with ______?
Answer: Internal and external environment
Q. In a bank reconciliation, deposits in transit are ______?
Answer: Added to the bank balance
Q. The Bank Reconciliation Statement is?
Answer: Not a part of book of accounts
Q. What does the quick ratio exclude from current assets?
Answer: Inventory
Q. Which of the following is NOT a function of State Bank of Pakistan?
Answer: Preparing the annual federal budget
Q. NAFTA stands for _____?
Answer: North American Free Trade Agreement
Q. GAAP stands for ______?
Answer: Generally Accepted Accounting Principles
Q. FDI stands for ______?
Answer: Foreign Direct Investment
Q. FIFO in inventory management stands for ______?
Answer: First in first out
Q. Trial balance is used to check the accuracy of ______?
Answer: Ledger account balances
Q. Copyrights, Patents and Trademarks are examples of ______?
Answer: Intangible assets
Q. Communication is the process of ________ and ______________ messages.
Answer: Transmitting, Receiving
Q. Communication is a part of ________ skills.
Answer: Soft skills
Q. Which body of people is sometimes referred to as ‘The Fourth Estate’?
Answer: The Press (Media)
Q. 1 Million equals how many Lakhs?
Answer: 10 Lakhs