Senior Auditor Past Paper 2019

Q51: Which of the following explains the debit and credit rules relating to the recording of revenue and expenses?

مندرجہ ذیل میں سے کون محصول اور اخراجات کی ریکارڈنگ سے متعلق ڈیبٹ اور کریڈٹ قواعد کی وضاحت کرتا ہے؟

Revenue increases owner's equity and is recorded by a credit; expenses decrease owner's equity and are recorded as debits.

Expenses appear on the left side of the balance sheet and are recorded by debits; revenue appears on the right side of the balance sheet and is recorded by credits.

Expenses appear on the left side of the income statement and are recorded by debits; revenue appears on the right side of the income statement and is recorded by credits.

None of these.

Q52: A transaction caused a $15,000 decrease in both assets and total liabilities. This transaction could have been _____?

Repayment of a $15,000 bank loan.

Purchase of a delivery truck for $15,000 on credit.

An asset with a cost of $15,000 was destroyed by fire.

None of these.

Q53: Which of the following is not an operating system?

مندرجہ ذیل میں سے کون آپریٹنگ سسٹم نہیں ہے؟

Python

Ubuntu

Windows

None of these

Q54: Don't make such a _____ over getting an injection.

Worry

Pity

Fuss

None of these

Q55: Flash Drive is _____?

فلیش ڈرائیو _____ ہے؟

Output device

Input device

Both A and B

None of these

Q56: Which of the following is not a user of internal accounting information?

مندرجہ ذیل میں سے کون سا داخلی اکاؤنٹنگ معلومات کا صارف نہیں ہے؟

Auditor

Chief Executive Officer

Store manager

None of these