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Accounting and Auditing MCQs MCQs

Cost Accounting MCQs (Set-I) | for FPSC and all other One Paper MCQs Tests

The difference over the period of time between actual and applied FOH will usually be minimal when the predetermined overhead rate is based on:
(a) Normal capacity
(b) Designed capacity
(c) Direct Labor hours
(d) Machine hours
Answer: a

The cost of goods sold was Rs. 240,000. Beginning and ending inventory balances were Rs. 20,000 and Rs. 30,000, respectively. What was the inventory turnover?
(a) 8.0 times
(b) 12.0 times
(c) 7.0 times
(d) 9.6 times
Answer: d

By using table method where—————- is equal, that point is called Economic order quantity.
(a) Ordering cost
(b) Carrying cost
(c) Ordering and carrying cost
(d) Per unit order cost
Answer: c

A cost unit is
(a) The cost per hour of operating a machine
(b) The cost per unit of electricity consumed
(c) A unit of product or services in relation to which costs are ascertained
(d) A measure of work output in a standard hour
Answer: c

Loss by fire is an example of:
(a) Normal Loss
(b) Abnormal Loss
(c) Incremental Loss
(d) Cannot be determined
Answer: a

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Accounting and Auditing MCQs MCQs

Journal, Ledger & Cash Book MCQs for FPSC and other related One Paper MCQs Tests

1. The process of recording is done
(a) Two times a year
(b) once a year
(c) Frequently during the accounting period
(d) At the end of a accounting period

2. The act of transferring the information from the General Journal to the General Ledger is called what?
(a) Posting
(b) Journalizing
(c) Transferring
(d) Pasting

3. What is a firm’s payment to a supplier for merchandise inventory recorded in?
(a) sales journal
(b) cash receipts journal
(c) purchases journal
(d) cash disbursements journal

4. Where are amounts owed by customers for credit purchases found?
(a) accounts receivable subsidiary ledger
(b) sales journal
(c) accounts receivable journal
(d) general ledger

5. Which of the following transactions is not recorded in the cash receipts journal?
(a) expensing prepaid rent
(b) receipt of customer payments
(c) borrowing money from a bank
(d) sale of equipment for cash

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Accounting and Auditing MCQs MCQs

Principles of Business & Financial Management MCQs

Communication should be:
(a) From Top to Bottom level
(b) From Bottom to top
(c) 2 way
(d) None of these
Answer: c

Which ethical approach is guided by what will result in the greatest good for the greatest number of people?
(a) Moral-Rights approach
(b) Individual approach
(c) Utilitarian approach
(d) Justice approach
Answer: d

Low level management has a complete authority to make decisions in case of:
(a) Centralization
(b) Decentralization
(c) Scalar Chain
(d) Order
Answer: b

Which one of the following individuals is most closely associated with scientific management?
(a) Frederick Taylor
(b) Mary Parker Follett
(c) Harold Koontz
(d) Max Weber
Answer: a

Each subordinate should report to one and only one superior is called:
(a) Authority
(b) Unity of command
(c) Unity of direction
(d) Order
Answer: b

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Environmental Science MCQs MCQs

Environmental Science MCQs | Sustainable Development Issues (Set-II)

Which of the following is not a trend in urban population dynamics?
(a) The number and sizes of urban areas is mushrooming.
(b) Urban growth is much slower in developed countries than developing countries.
(c). Infrastructure is beginning to catch up with the need in developing countries.
(d) Poverty is becoming increasingly urbanized, especially in developing countries.
(e) The proportion of global population living in urban areas is increasing.
Answer: (c)

Which of the following statements is false?
(a) Children in cities have a better chance for education.
(b) Politicians avoid giving services to the poor because this is costly to the cities.
(c) Jobs are difficult to find in cities.
(d) People tend to have more children in urban than in rural environments.
(e) Politicians avoid giving services to the poor because this might attract more people.
Answer: (d)

Which of the following statements is false?
(a) The shift in poverty is moving rapidly from the city to the country.
(b) Developing countries are currently urbanizing faster than developed countries.
(c) Urbanization varies throughout the world but is increasing everywhere.
(d) The general population growth also contributes to urban growth.
(e) The shift in poverty is moving rapidly from the country to the city.
Answer: (a)

To qualify as a metropolitan area, a city must have a population of ____ people.
(a) 25,000
(b) 50,000
(c) 75,000
(d) 100,000
(e) 250,000
Answer: (b)

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Environmental Science MCQs MCQs

Environmental Science MCQs (History of Environmental Thought) Set-II

Read also: History of Environmental Thought MCQs | Environmental Science MCQs

Name the author of Silent Spring
(a) Marvin Gaye
(b) Rachel Carson
(c) Lyndon Johnson
(d) Gaylord Nelson
Answer: (b)

What is sustainable development?
(a) The development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
(b) To conserve natural resources and to develop alternate sources of power while reducing pollution and harm to the environment.
(c). It is the practice of developing land and construction projects in a manner that reduces their impact on the environment by allowing them to create energy efficient models of self-sufficiency.
(d). All of the above
Answer: (d)

Which of the following is correct, if we only achieve two out of three pillars of Sustainable Development?
(a) Social + Economic Sustainability = Equitable
(b) Social + Environmental Sustainability = Bearable
(c) Economic + Environmental Sustainability = Viable
(d) All of the above
Answer: (d)

Consider the following statement(s) related to the Sustainability.
(a) It refers to a process or state that can be maintained indefinitely.
(b) Natural resources must use in ways that do not create ecological debts by over exploiting the carrying and productive capacity of the earth.
(c) A minimum necessary condition for sustainability is the maintenance of the total natural capital stock at or above the current level.
(d) All of the above
Answer: (d)

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MCQs Political Science MCQs

Political Science MCQs with Explanation for CSS (Montesquieu & Thomas Hobbes)

Montesquieu MCQs

The concept of ‘Separation of Powers’ was given by: (CSS-2001)
(a) Montesquieu
(b) Machiavelli
(c) Bentham
(d) None of these
Answer: (a)
Explanation: The name most associated with the doctrine of the separation of powers is that of Charles Louis de Secondat, Baron Montesquieu. His influence upon later thought and upon the development of institutions far outstrips, in this connection, that of any of the earlier writers we have considered.

Montesquieu by birth belonged to: (CSS-2007)
(a) Germany
(b) England
(c) France
(d) None of these
Answer: (c)
Explanation: Montesquieu was born at the Château de la Brède in the southwest of France, 25 kilometers (16 mi) south of Bordeaux

Eighteen Century Rationalism, Montesquieu was born in the year 1689 in the house of an eminent French lawyer. He died in: (CSS-2005)
(a) 1735
(b) 1745
(c) 1755
(d) None of these
Answer: (c)

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MCQs Political Science MCQs

Political Science MCQs with Explanation for CSS (Machiavelli)

Political Science MCQs for CSS (MCQs about Machiavelli)

Machiavelli by birth was: (CSS-2005/2008)
(a) French
(b) German
(c) Spanish
(d) Italian
Answer: (d)
Explanation: Niccolò di Bernardo dei Machiavelli was an Italian He was born at Florence in 1469

Modern Political thought begins with
(a) Machiavelli
(b) Montesquieu
(c) Mill
(d) None of these
Answer: (a)
Explanation: Machiavelli lays claim to the mantle of the founder of “modern” political science, in contrast with Aristotle’s classical norm-laden vision of a political science of virtue.

Separation of Ethics and Politics was the principle notion in the philosophy of: (CSS-2007)
(a) Lenin
(b) Plato
(c) Machiavelli
(d) None of these
Answer: (c)
Explanation: Although Machiavelli thinks of ethics as essential for the life of the individual and indispensable for the continuity of society and social life, he regards attachment to it as dangerous for the prince and he cautions him (the prince or monarch) against the danger of piety

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MCQs Political Science MCQs

Political Science MCQs for CSS (Western Political Thought)

Political thought, or political philosophy, is the study of questions concerning power, justice, rights, law, and other issues pertaining to governance. Whereas political science assumes that these concepts are what they are, political thought asks how they have come about and to what effect. Just as Socrates’ simple question “How should we be governed?” led to his execution, the question “What makes a government legitimate?” leads to political turmoil when posed at critical times. Political thought asks what form government should take and why; what duties citizens owe to a legitimate government, if any; and when it may be legitimately overthrown, if ever. Generally speaking, political thought, political philosophy, and political theory are terms often used interchangeably to mean the study of philosophical texts related to politics.


MCQs About Plato (Political Science MCQs)


1) Plato was born 427-8 BC and died at the age of: (CSS-2005)
(a) 80
(b) 76
(c) 74
(d) None of these
Answer: (a)

2) According to Plato the population of an ideal state should be: (CSS-2010)
(a) 5040
(b) 50400
(c) 50040
(d) None of these
Answer: (a)

3) The turning point in the life of Plato came in the year 399 BC when he was of: (CSS-2005/2009)
(a) 24 years
(b) 26 years
(c) 28 years
(d) None of these
Answer: (c)

4) Plato was born in: (CSS-2007)
(a) 430 B.C
(b) 428 B.C
(c) 387 B.C
(d) None of these
Answer: (b)

5) Plato wrote: (CSS-2000)
(a) Politics
(b) The Laws
(c) Political Economy
(d) Polity
(e) None of these.
Answer: (b)

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Environmental Science MCQs MCQs

Environmental Science MCQs | Sustainable Development Issues

1) The expansion on PQLI is
(a) Physical Quality of Life index
(b) Physical Quantity of Life Index
(c) Product Quality Lifecycle Implementation
(d) None of these
Answer: (a)

2) Birth rate is called
(a) Mortality
(b) Vital index
(c) Natality
(d) Viability
Answer: (c)

3) Death rate of the population
(a) Mortality
(b) Viability
(c) Natality
(d) Vitality
Answer: (a)

4) The Anthrax disease is caused by
(a) Virus
(b) Bacteria
(c) Protozoa
(d) Helminthes
Answer: (b)

5) Superbugs are
(a) Synthetic bug
(b) Bacteria
(c) Radio nucleotide
(d) Industries
Answer: (b)

6) Salmonellosis is a disease related to consumption of
(a) Chicken
(b) Eggs
(c) Mutton
(d) Fish
Answer: (d)

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Environmental Science MCQs MCQs

History of Environmental Thought MCQs | Environmental Science MCQs

Which of the following Environmentalists first gave the concept of Biodiversity ‘hotspots’?
(a) Gaylord Nelson
(b) Norman Myers
(c) John Muir
(d) Julia “Butterfly” Hill
Answer: (b)

UNCED stands for……….
(a) United Nations Confederation on Environment and Development
(b) United Nations Conference on Environment and Development
(c) United Nations Conference on Economic Development
(d) United Nations Confederation on Economy and Development
Answer: (b)

What does mean “Agenda 21”?
(a) It’s an agreement between 20 developing countries of the world on climate change.
(b) It’s a free trade agreement between 7 developed countries of the world.
(c) Agenda 21 is a non-binding, voluntarily implemented action plan of the United Nations with regard to sustainable development.
(d) None of the above
Answer: (c)