Senior Auditor 15 Years Past Papers

Q381: An unfavourable overhead volume variance indicates that _____?

ایک نامناسب اوور ہیڈ حجم کا تغیر اس بات کی نشاندہی کرتا ہے کہ _____؟

Actual production was less than the normal level of output.

Total fixed overhead has exceeded the standard budgeted amount.

Actual production was more than the normal level of output.

None of these

Q382: Which of the following is provided by a trial balance in which total debits equal total credits?

مندرجہ ذیل میں سے کون سا آزمائشی توازن فراہم کرتا ہے جس میں کل ڈیبٹ کے برابر کل کریڈٹ؟

Proof that the ledger is in balance.

Proof that no transaction was completely omitted from the ledger during the posting process.

Proof that the correct debit or credit balance has been computed for each account.

None of these.

Q383: What information would you find in a statement of cash flows that you would not be able to get from the other two primary financial statements?

نقد بہاؤ کے بیان میں آپ کو کون سی معلومات ملے گی جو آپ دوسرے دو بنیادی مالی بیانات سے حاصل نہیں کرسکیں گے؟

Total liabilities due to creditors at the end of the period.

Cash provided by or used in financing activities.

Cash balance at the end of the period.

None of these.

Q384: Process of verifying the documentary evidences of transactions are known as _____?

لین دین کی دستاویزی شواہد کی توثیق کرنے کا عمل _____ کے نام سے جانا جاتا ہے؟

Vouching

Auditing

Verification

None of these

Q385: After Ali gave 110 pencils to Afzal and 75 to Amjad, he still had 315 left. What percent of his pencils did Ali give away?

40%

25%

37%

None of these

Q386: The mega event in Hockey is ______?

ہاکی میں میگا ایونٹ ______ ہے؟

Champions Trophy

World Cup

Azlaan Shah

None of these

Q387: One should do _______ duty honestly.

His

One

One’s

None of these

Q388: The primary purpose of establishing quality control policies and procedures for deciding on client evaluation is to _______?

کلائنٹ کی تشخیص کے بارے میں فیصلہ کرنے کے لئے کوالٹی کنٹرول پالیسیاں اور طریقہ کار کے قیام کا بنیادی مقصد _______ ہے؟

Ensure audit fees are charged according to the type of audit work assigned

Ensure adherence to generally accepted auditing standards

Accept or retain clients whose management does not lack integrity

None of these

Q389: Which of the following is least important as a measure of short-term liquidity?

قلیل مدتی لیکویڈیٹی کے اقدام کے طور پر مندرجہ ذیل میں سے کون کم سے کم اہم ہے؟

Cash Flows from operating activities

Quick Ratio

Debt ratio

None of these

Q390: A business asset of Rs. 43142 and owner’s equity Rs.13210. What is the amount of liabilities?

Rs. 43142

Rs. 31102

Rs. 57222

None of these