PPSC, FPSC Past Papers

FPSC Senior Auditor Past Papers



1) The meaning of the word procurement means.....

2) Cost center means.....

3).......the risk ......the materiality, the audit procedures.

4) Capital Account is ......... in nature.

5) Formula of Machine working hours was asked.

6) PAAS stands for?

7) Following are not the nominal accounts...

a) cash, unearned revenue.....

b) drawings, rent.....

8)a question about the super tax was asked

9)another question was about the Master budget

10)Increase in the value of assets is called...?

7) Financial statements are prepared:

8) The basic purpose of an accounting system is to:

9) Information is cost effective when:

10) Although accounting information is used by a wide variety of external parties, financial reporting is primarily directed toward the information needs of:

11) All of the following are characteristics of managerial accounting, except:

12) In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial accounting report is more likely to:

13) The nature of an asset is best described as:

14) The amount of owner's equity in a business is not affected by:

15) Inventory is considered a current asset because it:

16) The primary economic function of a wholesaler is to:

17) The income statement of Laurel Company shows a large gross profit. This means that Laurel:

18) In a perpetual inventory system, purchases of merchandise on account are recorded by debiting:

19) Colby's General Store uses a periodic inventory system. At year-end, the balance in the Inventory account is $8,500. Assuming that the inventory records have been maintained properly, a year-end physical inventory:20) Ward Company discovered that merchandise purchased on account was defective and returned this merchandise to the supplier. The entry to record this return will reduce Ward's:

21) Which of the following should not be included as part of cash on the balance sheet?

22) The financial statement which shows cash activity (receipts and disbursements) during the accounting period is called a(n):

23) The principal purpose of a voucher system is to provide assurance that:

24) When a voucher system is in use, the finance department has access to each of the following except:

25) Which of the following is not disclosed in a bank reconciliation?

26) During preparation of a bank reconciliation, interest earned on the average bank balance during the month should be:

27) A company which uses the direct write-off method recognizes uncollectible accounts expense:

28) Which of the following transactions would increase the net cash flow from operating activities?

29) For purposes of preparing a cash flow statement, which of the following is not considered a "cash equivalent"?

30) Warner Corporation reported net income in excess of its net cash flow from operations. A possible explanation of this difference is:

31) An important distinction between the direct method and the indirect method of preparing a statement of cash flows is that:

32) A corporation's free cash flow is its:

33) Which of the following is ordinarily computed and reported as part of the financial statements of a large corporation?

34) The basic purpose in preparing classified financial statements is to:

35) How would a company's current ratio be affected if a substantial amount of accounts payable were paid in cash?

36) Assume that net sales are increasing faster than the rate of inflation, and that the company's gross profit rate is falling. The most likely explanation is:

37) Assume that for several years, the net income of Delta-Baines (DB) has been rising as a percentage of the company's net sales. Analysts normally would interpret this to mean that:

38) Clay Corporation earns a rate of return on common stockholders' equity of 14%. Which of the following will cause the rate of return to increase?

39) If more units are produced than the "normal" level, and the overhead spending variance is favorable, then:

40) Which of the following unfavorable cost variances would be the least relevant in evaluating the performance of a production supervisor?

41) A difference between the overhead applied to work in process at a standard and the overhead budgeted for the level of output achieved:

42) SECP Stands for Securities and Exchange Commission of Pakistan.

43) IFRS Stands For International Financial Reporting Standards.

44) Opening and Ending Inventory

45) Auditor’s form no. 35A

46) The terms purchasing and procurement should not be seen as synonymous. As such, which of the following statements do you think has greatest validity?

47) Generally, which sequence is most typical of the procurement process?

48) E-procurement aims to improve performance of what is known as the 'five rights of purchasing'. One aim of e-procurement is increasing savings by sourcing items:

48) Another aim of e-procurement is increased choice of supplier leading to sourcing items:

49) Production related procurement refers to the purchasing of:

50) Negotiated contracts with regular suppliers typically in long-term relationships is an example of:

  1. Join Pak Army As Captain 2019 Through Direct Short Service Commission, NUMBER OF VACANCIES = 1300

  2. FPSC INSPECTOR CUSTOMS INTELLIGNENCE OFFICER (BS-16), NUMBER OF VACANCIES = 158

  3. FPSC APPRAISING/VALUATION OFFICER(BS-16), NUMBER OF VACANCIES = 51

  4. FPSC PREVENTIVE OFFICER (BS-16),NUMBER OF VACANCIES = 60

  5. FPSC PATROL OFFICER (BS-14), NUMBER OF VACANCIES = 234

  6. PATROL OFFICER(BS-14) (FOR DEPARTMENTAL EMPLOYEES OF NH & MP), NUMBER OF VACANCIES = 196

Test Preparation Notes


Who is Who and What is What

  1. MOUNTAINS
  2. IMPORTANT MOUNTAIN PASSES
  3. OCEANS
  4. FAMOUS SEA PORTS
  5. FAMOUS STRAITS
  6. WORLD RIVERS
  7. FAMOUS ISLANDS
  8. FAMOUS DESERTS
  9. CITIES ON RIVER BANKS
  10. GEOGRAPHICAL DISCOVERIES
  11. WORLD COUNTRIES
  12. GENERAL KNOWLEDGE ABOUT WORLD
  13. IMPORTANT PHYSICAL PROPERTIES
  14. Ten LARGEST COUNTRIES BY AREA
  15. IMPORTANT ABBREVIATIONS
  16. IMPORTANT UNITS OF MEASUREMENT
  17. IMPORTANT INFORMATION ABOUT RAYS AND WAVES
  18. IMPORTANT INFORMATION ABOUT UNIVERSE
  19. NOBLE PRIZE
  20. NATIONAL EMBLEM
  21. FAMOUS EPITHETS
  22. IMPORTANT GEOGRAPHICAL LINES OF WORLD
  23. About Islam
  24. Hazrat Muhammad PBUH
  25. General Knowledge About Hazrat Muhammad PBUH Life
  26. Wifies of Hazrat Muhammad PBUH
  27. Important Islamic History Events
  28. Important points of The Holy Quran
  29. Al-Quran MCQs
  30. About SAHABA KARAM
  31. Namaz
  32. Zakat
  33. Fasting (Roza)
  34. Imortant Article of Faith and Fundamental of ISLAM
  35. Important Islamic terms and Places
  36. Islamic Months of Years
  37. General Knowledge-Heavenly Books
  38. Important Angles
  39. Ashra-e-Mubrashra
  40. Reign Of 4 Caliphates(Khulafa Rashideen)
  41. Famous Islamic Generals
  42. Famous Islamic Battles
  43. Important Personalities and Their Titles in Islam
  44. Famous Muslim Scientists
  45. Important Questions about Islamic Studies

  46. PPSC GENERAL KNOWLEDGE
  47. PPSC PAST Papers General Knowledge Questions


  48. About World

  49. World Records
  50. World Records (Guniees Book)
  51. 7 Wonders of the World
  52. Inventions and Inventors
  53. Important Facts of Worlds
  54. Important Places Of World
  55. Important Awards Of World
  56. Top 10 Languages of World
  57. Highest Military Awards of World
  58. Important Geographical Lines of World
  59. World Imortant National Days
  60. Importnat Religions of World
  61. Important Political terms and concepts
  62. Important News Agency of the World
  63. About UNO
  64. Organs of UNO
  65. Important Specialized agency of the UNO
  66. World Country with Capitals & Currency
  67. Famous Name of Places(Country)

  68. About Pakistan
  69. Basic Information About Pakistan
  70. Districts of Pakistan
  71. RIVERS OF PAKISTAN
  72. The Largest in Pakistan
  73. The Longest and Tallest in Pakistan
  74. Mountain Passes in Pakistan
  75. Chairman Senate and seats Distibutions of Pakistan
  76. Chief Justices of Pakistan
  77. Pakistan Affairs
  78. Who is First in PAKISTAN
  79. PAKISTAN GOVERNOR GENERALS
  80. PAKISTAN Presidents
  81. PAKISTAN Prime Ministers
  82. Attorney Generals of Pakistan
  83. State Bank Governors of pakista
  84. Army Chiefs of PAKISTAN
  85. Federal Cabinet of PAKISTAN
  86. Location of important Metalic and Non Metalic Minerals
  87. Constitutional Amedments Since 1973
  88. Army,PAF and Navy Officer Ranks
  89. About Science
  90. Basic Geometry Math Defination
  91. Important Units of Measurments
  92. Basic Scientific Questions