Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance MCQs

Question:

Trading on equity means:

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A: Use of equity share capital for trade financing
B: Use of fixed-interest borrowed funds for getting a higher return on equity
C: Having no borrowed funds
D: Trading in equity share capital
Answer: B
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
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MCQs related to Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance

Question:

Which basically deals with all aspects of resource mobilization and expenditure management in government?

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A: Public Finance Management (PFM)
B: Economics
C: Public administration
D: Government administration
Answer: A
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
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Question:

It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.

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A: Economics
B: Public administration
C: Government administration
D: Public finance
Answer: D
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
www.pkmcqs.com

Question:

Trading on equity means:

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A: Use of equity share capital for trade financing
B: Use of fixed-interest borrowed funds for getting a higher return on equity
C: Having no borrowed funds
D: Trading in equity share capital
Answer: B
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
www.pkmcqs.com

Question:

Which of the following are the essential components of a public financial management system?

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A: Resource generation
B: Resource allocation
C: Expenditure management (resource utilization)
D: All of these
Answer: D
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
www.pkmcqs.com

Question:

The following subdivisions form the subject matter of public finance.

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A: Public expenditure, Public revenue
B: Public debt, Federal finance
C: Financial administration
D: All of these
Answer: D
Central Superior Services (CSS) -> Group A -> Accountancy and Auditing -> Business Studies and Finance Tayyab Shami
www.pkmcqs.com