Topic: FPSC PAST PAPERS

Explanation
Pyongyang is the country's capital and largest city. currency  North Korean won

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The President of the Russian Federation is the head of state of the Russian Federation, as well as the commander-in-chief of the Russian Armed Forces. It is the highest office in Russia. Vladimir Putin president of Russia  since 7 May 2012

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second-largest country in the Middle East, and its capital and largest city is Tehran.

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PM represented Pakistan  Members: 8 Headquarters: Beijing                                  Both Pak and India joined SCO in 2017.

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Innocent is an adjective that describes someone or something that is not harmful or at least doesn't cause harm on purpose.

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Capable means اہل یا قابل Competent means اہل یا قابل

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On the Data tab, in the Data Tools group, click Text to Columns. The Convert Text to Columns Wizard opens. Choose Delimited if it is not already selected, and then click Next. Select the delimiter or delimiters to define the places where you want to split the cell content.

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Retained earnings refer to the portion of the earnings left with the company after the distribution of dividend to its shareholders. Retention of earnings is from the profits of the business for a financial year. 

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Debits  increase asset and expense accounts. Debits decrease liability, equity, and revenue accounts

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When prices are rising, you prefer LIFO because it gives you the highest cost of goods sold and the lowest taxable income.

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Nominal capital is the aggregate par value of those shares that have been issued by a corporation.

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  Right shares are those shares which are issued after the original issue of shares but having an inherent right of the existing shareholders to subscribe to these shares in proportion to their holding.

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Accounting Is The Process Of Identifying, Recording And Communicating Information.

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In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than  fifteen (15)  days for national competitive bidding and thirty (30) days for international competitive bedding.

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In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than fifteen (15) days for national competitive bidding and thirty (30) days for international competitive bedding.

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Bid Opening: Stage in project advertisement process where sealed bids, received by prospective bidders (Contractors) are opening and examined by the County. 

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Financial accounting is the process by which an organization's revenue, receivables and expenses are collected, measured, recorded and finally reported into a financial statement.

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Users of accounting information are internal and external. External users are creditors, investors, government, trading partners, regulatory agencies, international standardization agencies, journalists and internal users are owners, directors, managers, employees of the company.

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Apportionment of cost refers to the distribution of various overhead items, in proportion, to the department on a logical basis. 

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Depreciation helps to tie the cost of an asset with the benefit of its use over time.

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Nominal capital is the aggregate par value of those shares that have been issued by a corporation.

Explanation
  Right shares are those shares which are issued after the original issue of shares but having an inherent right of the existing shareholders to subscribe to these shares in proportion to their holding.

Explanation
Accounting Is The Process Of Identifying, Recording And Communicating Information.

Explanation
In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than  fifteen (15)  days for national competitive bidding and thirty (30) days for international competitive bedding.

Explanation
In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than fifteen (15) days for national competitive bidding and thirty (30) days for international competitive bedding.

Explanation
Bid Opening: Stage in project advertisement process where sealed bids, received by prospective bidders (Contractors) are opening and examined by the County. 

Explanation
Financial accounting is the process by which an organization's revenue, receivables and expenses are collected, measured, recorded and finally reported into a financial statement.

Explanation
Users of accounting information are internal and external. External users are creditors, investors, government, trading partners, regulatory agencies, international standardization agencies, journalists and internal users are owners, directors, managers, employees of the company.

Explanation
Apportionment of cost refers to the distribution of various overhead items, in proportion, to the department on a logical basis. 

Explanation
Depreciation helps to tie the cost of an asset with the benefit of its use over time.

Explanation
Nominal capital is the aggregate par value of those shares that have been issued by a corporation.

Explanation
  Right shares are those shares which are issued after the original issue of shares but having an inherent right of the existing shareholders to subscribe to these shares in proportion to their holding.

Explanation
Accounting Is The Process Of Identifying, Recording And Communicating Information.

Explanation
In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than  fifteen (15)  days for national competitive bidding and thirty (30) days for international competitive bedding.

Explanation
In terms of Rule 13 of the Public Procurement Rules 2004 the minimum response time shall not be less than fifteen (15) days for national competitive bidding and thirty (30) days for international competitive bedding.

Explanation
Bid Opening: Stage in project advertisement process where sealed bids, received by prospective bidders (Contractors) are opening and examined by the County.

Explanation
Financial accounting is the process by which an organization's revenue, receivables and expenses are collected, measured, recorded and finally reported into a financial statement.