Tests of Accounts

The removal of loading from the  items of branch stock  is adjusted  through branch _______________  account:-

Reserve for doubtful debts is stands for:-

The capital of Switzerland is:-

The asset that can be easily  converted into  cash  within a short period  are known as:-

The difference of current assets  and the working capital is equal to :-

Any written evidence in support of a business transaction is called

The rupee amount for required return of investment  is subtracted from income to calculate :-

The minimum number of members required for registration of a cooperative society are–

Branch which does not maintain its  own set of  books is ________ ;-

An asset become  non performing  when it  to generate income for bank:-

Which of the following methods is not a practical way of realizing revenue?

A cash book that is used  to record  the small  payment  of cash is generally referred as :-

The insurance company can not prevent the happening  of risk but provides  for losses at the happening of risk;-

Break Even can be calculated as under:

Modern system of book keeping is called______________?

The requirements of an audit report for a Banking Company in Pakistan is under:

Debts which are payable in the course of a month are called _____________?

______________ reporting helps  use of  financial statement  to better assess the risk and to returns of the enterprises:-

A cooperative society may  createout  of its net profit for  payment  of bonus  to person who are  not its members:-

Salaries paid to partners is an:

Govt grant become ______________ because of noon fulfillment of the  conditions  attached to that grant:-

Which is the normal balance  of a rent expense account:-

A ____________ is a generally physical part of the business established  under the same roof;-

An energy , machine maintenance , indirect materials and engineering  supports are  considered as:-

An account records the ___________ in the balance of an item?