2
Last Pay Certificate (LPC) is issued when:
Medium
3
The Federal Budget in Brief is prepared by:
Medium
4
Grants received from foreign donors are classified as:
Medium
5
System of financial management under PIFRA covers:
Medium
6
Government financial statements under APPM include:
Medium
7
LPC contains information about:
Medium
8
Major object code A03 relates to:
Medium
9
The Main Heads of Account include:
Medium
10
The four-eye principle in financial management means:
Medium
— Sponsored —
11
Grants-in-aid given by Federal Government to institutions must be:
Medium
12
Foreign-aided project accounts must be maintained:
Medium
13
Revolving fund in government context means:
Medium
15
Under accrual basis accounting, transactions are recorded when:
Medium
16
Object classification codes in government accounts such as A011 represent:
Medium
17
The 'F' segment in the Chart of Accounts represents:
Medium
18
The challan used for government revenue deposits is:
Medium
19
APPM governs accounting for:
Medium
20
Utilisation certificates for grants-in-aid must be submitted by:
Medium
— Sponsored —
21
PC-IV is the document issued upon:
Medium
22
The accounting period for federal government accounts is:
Medium
23
Debt servicing object code (A07) covers:
Medium
24
Segregation of duties means:
Medium
25
Idle government cash balances should:
Medium
26
Finance Accounts of Pakistan show:
Medium
27
Quarterly fiscal reports are prepared to:
Medium
28
Reporting of financial irregularities under APPM must be:
Medium
29
Development expenditure on new construction is recorded under:
Medium
30
Under the APPM Chart of Accounts, 'A' segment represents:
Medium
— Sponsored —
31
Unreconciled differences in government bank accounts must be:
Medium
32
Grants and transfers (A04, A05) include:
Medium
33
The Consolidated Cash Balance of Federal Government is maintained at:
Medium
34
The Federal Consolidated Fund (FCF) consists of:
Medium
35
Suspense accounts in government accounting are used for:
Medium
36
APPM requires recording of commitments when:
Medium
37
The Public Account of Pakistan includes:
Medium
38
Depreciation of government assets under modified accrual or accrual:
Medium
39
Monthly accounts of the Federal Government are compiled by:
Medium
— Sponsored —
41
The APPM is periodically updated by CGA to:
Medium
42
Under SAP/PIFRA system, budget releases are done through:
Medium
43
Annual financial statements of Federal Government are prepared by:
Medium
44
The basis of accounting currently followed by Pakistan Federal Government under APPM is:
Medium
45
Allotment of funds means:
Medium
46
Treasury Single Account (TSA) concept aims to:
Medium
47
Under APPM, government cash is held at:
Medium
48
Erroneous accounting entries must be corrected through:
Medium
49
Changes in accounting policies must be:
Medium
50
The Contingency Fund of Pakistan is operated by:
Medium
— Sponsored —
51
Journal voucher (JV) in government accounting is used for:
Medium
52
Surprise cash verification (cash count) of government cashiers should be:
Medium
53
The asset register of a government department records:
Medium
54
Sale/disposal of government assets must be:
Medium
55
Government loans (borrowings) are recorded as:
Medium
56
Under APPM, variation between budget and actual must be:
Medium
57
Unliquidated commitments at year-end are:
Medium
58
Under APPM, bank reconciliation of government accounts must be done:
Medium
59
Deductions from government employees' salaries include:
Medium
60
Contingent liabilities (such as government guarantees) under APPM should be:
Medium
— Sponsored —
61
Under SAP/PIFRA, payment processing involves:
Medium
62
Pension liabilities of government employees under accrual accounting should be:
Medium
63
The APPM requires that all accounting policies adopted must be:
Medium
64
Foreign currency transactions in government accounts are converted at:
Medium
65
Interest accrued but not yet paid on government debt under accrual accounting is:
Medium
66
The primary objective of APPM is to:
Medium
67
Domestic debt of Federal Government is recorded in:
Medium
68
Non-tax revenues include:
Medium
69
When payment is made via cheque, the expenditure is recorded:
Medium
70
Penalties and fines collected by departments are recorded as:
Medium
— Sponsored —
71
The nominal roll / pay list shows:
Medium
72
The APPM provides guidance on:
Medium
73
A debit advice is issued when:
Medium
74
APPM Volume I deals with:
Medium
75
Pension expenditure is classified under:
Medium
76
Commitment accounting under APPM records:
Medium
77
Inter-departmental transactions within government are settled through:
Medium
78
The reporting currency for government accounts in Pakistan is:
Medium
79
PIFRA project was financed by:
Medium
80
Loss or damage to government assets must be:
Medium
— Sponsored —
81
Delegation of financial powers should be:
Medium
82
Expenditure must not be incurred unless:
Medium
83
Cash flow forecasting by government departments helps:
Medium
84
Financial statements of federal government are audited by:
Medium
85
The Appropriation Accounts show:
Medium
86
Under APPM, government fixed assets should be:
Medium
87
Internal controls under APPM aim to:
Medium
88
Salary and pay expenditure is accounted under:
Medium
— Sponsored —
91
Physical verification of government assets must be conducted:
Medium
92
Revenue from sale of government assets is classified as:
Medium
93
Assets under construction (capital work in progress) are recorded as:
Medium
94
Major object code A09 relates to:
Medium
95
Under cash basis accounting, transactions are recorded when:
Medium
96
Annual financial statements are submitted to:
Medium
97
Expenditure on purchase of vehicles is recorded under:
Medium
98
Under APPM, expenditure is recorded when:
Medium
99
Commitment accounting helps in:
Medium
100
A credit advice is issued when:
Medium