FPSC Senior Auditor Latest Questions

FPSC Senior Auditor Papers 2019 Questions Papers Held on 27, 28, 29, 30 July and August 2019
FPSC Senior Auditors Paper 2016
Candidates for post SENIOR AUDITORS must attend to this post by answering these questions and adding to missing ones. (This test was held on 5th June 2016 & Questions were sent by members of this page on 6th June)
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1. National income is
2. Depreciation arises
3. Debenture is
4. Audit is a branch of
5. Asset=Liability + Capital Equation
6. Goodwill is(asset,liablty,expenditur)
7. qualification of auditor under sec26(2) ek is typ ka tha

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8. I hope i well get______the examination.
A. on b. upon c. After d. Through
9. I cannot give you_______money.
A. Some b. Any c. Little d. A few
10. I am a student of of _______ english literature.
A. The b. A c. An d. No article
11. He is junior ________ me both in age and rank.
A. Of b. To c. Off d. As to
12. Many a man______attending the ceremony
A.was b. Were c. Have been d. Has
13. He is a _______person.
A.coward b.Cowards c.cowardly d.co-wardly
14. No sooner did he reach home________his brother arrived.
A.then b.than c.when d.that
15.scarcely had i reached the examinition center_______the paper started.
A.then b. Than c. When d.that

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16. If i were he,i ............. tease him.
a will b would c shall d should
.
17.he said gos helps ........ those who help them selves
A helps b helped c help .....
.
18. Wake up early lest you..... miss your flight
A shall b will c should d may
.
19. He with all his friends .......... studying
a is b are c were d has 
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20..if i had worked hard i ............ succeded in test .
a would b will c had d would have
.
21 errors of commission arises when
A. Fundamentally incorrect entry 
b. Transaction recorded incorrect
c. transaction omitted
D. Non of the above 
(Sent by Jamil Ahmad Khan)
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22. Difference of Asset and liabilties are“ Equity ”
22. Asset which are untouchabe and unseen but has value are “Intangible“
23The goods sale to A of Rs. 50,000，transaction recorded as aginst B instead of A. What type of this omission are “ omission principal”
24. Whuch of the following are not revenue expenditure
25. Who has the authority to remove the first director of the company before the date of expiration “ bord of directors”
26. the internal audit are “detailed audit ”
(Sent by Asim Shaikh)
https://www.facebook.com/wetoppers/
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27. Debenture is asset, liability or capital
28. Auditing is social science natural or abstract
(Sent by Afxha Shafiq)
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29. In misstatement the fraud wich is most difficult to find is.,??
30. Balnce sheet audit includes?
31. Current liabilty payable within ??
32. Heavy advertizing expns new product is?? 
33. Audit in depth also known as.?
34. Cost of goods sold plus oprating expense is ????
.
35. Deferred Taxation is: 
(a) Fixed asset 
(b) Fixed liabilities 
(c) Part of Owners Equity.
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36. Stratified audit sample means: 
a. Randomly selected items for audit
b. Purposively selected items for audit
c. Items carefully selected from each group
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37.Income Tax rates are the same for:
a. Limited Companies 
b. Banking Companies
c. None of above

38. Net income plus operating expenses is equal to:
(a) Net sales 
(b) Cost of goods available for sale 
(c) Cost of goods sold
(d) Gross profit 
(e) None of these
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39. The maximum number of partners in Pakistan can be fixed at the following: 
(a) 20 
(b) 50
(c) 75
(d) None of these
.40. Balance sheet is always prepared: 
(a) For the year ended
(b) As on a specific date 
(c) None of these
.41. Process Cost is very much applicable in:
(a) Construction Industry 
(b) Pharmaceutical Industry
(c) Air line company 
(d) None of these 

42. Accounting principles are generally based on 
(a) Practicability
(b) Subjectivity
(c) Convenience in recording
.
46. A prospectus for share can be issued only by 
(a) A public company
(b) A private company
(c) None of these. 
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47. Net income plus operating expense is equal to 
(a) Net sale 
(b) Cost of good available for sales 
(c) Cost of good sold
(d) Gross profit 
.
A person not apoint as Stututery auditor.. ?