Financial Report | MCQs

Explanation

The accounting style shows negative numbers in PARENTHESES.

When working with financial data and creating accounting reports,

one common number format that needs to be used is to show negative numbers in brackets (parentheses).

Explanation

As of June 2024, Pakistan’s total public and guaranteed debt reached approximately Rs. 74.013 trillion.

This figure represents a significant rise, mainly due to currency devaluation and fiscal deficits.