A. December 6, 1971
B. December 16, 1971 (correct)
C. January 1, 1972
D. December 18, 1971
MCQs / Q&A
The largest chunk of Punjab Government’s Budget (1999-2000) went to the social sector. Which field got the lion’s share?
A. Industry (correct)
B. Health
C. Education
D. Housing and Roads
Governor – General Ghulam Muhammad dismissed the Prime Minister Kh. Nazimuddin on April 19, 1953 due to?
A. Prime Minister Kh. Nazimuddin proved to be incompetent to grapple with the difficulties faced by the country (correct)
B. Patronage of corruption
C. Vote of no – confidence was passed in the Consituent Assembly
D. Political tension created by partisan appeal
Which country is situated in the east of Pakistan?
A. China
B. India (correct)
C. Afghanistan
D. Iran
The unsold goods are ______________?
The unsold goods are ______________?
A. Equity
B. Sale return
C. Inventory
D. Purchases
Assets having physical existence are called ___________?
A. Current asset
B. intangible asset
C. Tangible asset
D. Liquid asset
When owner withdraw cash for its private use, it is called ___________?
When owner withdraw cash for its private use, it is called ___________?
A. Profit
B. Income
C. Expense
D. Drawing
For the business, capital is ____________?
A. Expense
B. Liability
C. financial assets
D. All of them
What Is Capital?
Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. Capital can also be associated with capital assets of a company that requires significant amounts of capital to finance or expand.
Capital can be held through financial assets or raised from debt or equity financing. Businesses will typically focus on three types of business capital: working capital, equity capital, and debt capital. In general, business capital is a core part of running a business and financing capital intensive assets.
Capital assets are assets of a business found on either the current or long-term portion of the balance sheet. Capital assets can include cash, cash equivalents, and marketable securities as well as manufacturing equipment, production facilities, and storage facilities.
Building and furniture are called ____________?
Building and furniture are called ____________?
A. Current asset
B. Fictitious asset
C. Tangible asset
D. Fixed assets
In support of business transaction, any written evidence is called ___________?
A. Discount
B. Voucher
C. Allowance
D. Price