SENIOR AUDITOR PAST PAPERS
Senior Auditor Past Papers
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چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب سرخ ہو جائے گا۔
شیئر پریمیم رقم _______ کے لئے استعمال کی جاسکتی ہے؟
Issue of fully paid bonus shares
Payment of dividends
Write-off of goodwill
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Share premium money is the extra amount received over the face value of shares and can be used for specific purposes under company law.
It can be used to issue fully paid bonus shares to existing shareholders but cannot be used for dividend payments or writing off goodwill.
دونوں ڈیبینچرز اور ٹرم فنانس سرٹیفکیٹ عام طور پر ______ کے ذریعہ جاری کیے جاتے ہیں؟
Non-Listed Companies
Private Companies
Listed Companies
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Debentures and Term Finance Certificates (TFCs) are debt instruments commonly issued by listed companies to raise capital from the public.
Listed companies have better credibility and regulatory compliance, making it easier for them to issue such securities in financial markets.
Rs.5,800
Rs.8,300
Rs.10,800
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Book Value Formula → Cost of Asset – Total Accumulated Depreciation. Calculation → 12,500 – (4,200 + 2,500) = 5,800 .
اکاؤنٹنگ کی مدت میں سامان کی لاگت سے زیادہ فروخت کو ______ کہا جاتا ہے؟
Retained earnings
Net Profit
Gross Profit
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Gross profit is the difference between sales revenue and the cost of goods sold (COGS) in an accounting period. It represents the profit before deducting operating expenses, taxes, and other indirect costs.
خالص منافع ______ کے برابر ہے؟
Sales less cost of sales and operating expenses
Gross Profit less operating expenses
Both A and B
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Sales less operating expenses – Net profit is calculated after deducting all operating expenses from total sales. Gross profit less operating expenses – Gross profit is derived from sales minus the cost of sales, and deducting operating expenses from it gives net profit.
مندرجہ ذیل میں سے کون سا سیکشن آڈیٹر کی قابلیت سے نمٹتا ہے؟
Section 224 (3) and section 224 (4)
Section 226 (1) and section 226 (2)
Section 224 (1) and section 224 (2)
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Section 226 (1) and section 226 (2) sections define the qualifications required for an individual or firm to be appointed as an auditor of a company. They ensure that only qualified and competent professionals conduct audits in compliance with legal standards.
تجزیاتی طریقہ کار کیا ہیں؟
Substantive tests designed to study relationships between financial and non-financial data
Substantive tests designed to assess control risk
Substantive tests designed to evaluate the validity of management’s representation letter
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Analytical procedures involve comparing financial and non-financial data to identify trends, inconsistencies, or unusual variations. These tests help auditors detect potential misstatements and assess the reasonableness of financial information.
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
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Quality control policies help auditors assess the integrity and reliability of a client’s management before accepting or continuing an engagement. Ensuring client integrity reduces audit risk and maintains the credibility of the auditing process.
ترجیحی حصص وہ ہیں جو ______ کے سلسلے میں ترجیحی حقوق رکھتے ہیں؟
Payment of Capital
Dividends
Both A and B
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Preference shareholders have a priority claim over equity shareholders when it comes to receiving dividends.
In case of liquidation , preference shareholders are paid their capital before equity shareholders.
خیر سگالی کو ______ کے طور پر درجہ بندی کیا جانا چاہئے؟
Intangible asset
Current asset
Liquid asset
None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
Goodwill represents a company's reputation, brand value, and customer loyalty , which are non-physical assets .
Since it cannot be touched or measured directly , it is classified as an intangible asset in accounting.
