Skip to content
MCQtimes.com
GK
Pakistan Studies
Current Affairs
Islamic Studies
English
MCQtimes.com
Toggle Menu
Annual Budget
Home
/
Auditing
/
Annual Budget
- Page 15
Show/Hide Answers
Annual Budget
When a Money Bill, include the Finance Bill containing the Annual Budget Statement, is presented in the National Assembly, a copy there of shall be transmitted to the Senate which may, within ___________, make recommendations there on to the National Assembly.
Thirteen days
Fourteen days
Fifteen days
Twenty days
Author:
rikazzz
Comment
Annual Budget
If the price elasticity of demand is unit then a fall in price.
Reduces revenue
Leaves revenue unchanged
Increases revenue
Reduces cost
Author:
rikazzz
Comment
Annual Budget
An increase in price all other things unchanged leads to:
Shift demand outwards
Shift demand inwards
A contraction of demand
An extension of demand
Author:
rikazzz
Comment
Annual Budget
To prevent the exchange rate rising the government could:
Sell its own currency
Increase interest rates
Buy its own currency
Sell foreign currency
Author:
rikazzz
Comment
Annual Budget
The first step in preparing a budget is:
Cash forecast.
Production forecast
Sales forecast
None of these
Author:
rikazzz
Comment
Annual Budget
__________ Documents classify total revenue expenditure into plan and non-plan expenditure. The main items of non-plan expenditure are interest payments, defense services, subsidies, salaries and pensions.
Production
Budget
Contribution
Sales
Author:
rikazzz
Comment
Annual Budget
Which of the following could not explain profits being made but cash shortages also occurring at the same time?
Extended credit period being offered
Higher cash drawings
Heavy capital expenditure
More loans being taken out
Author:
rikazzz
Comment
Annual Budget
Budgeting has always been part of the activities of any business organization of any size, but formal budgeting in its present form, using modern budgeting disciplines, emerged in the __________ as the numerical underpinning of corporate planning.
18th Century
19th Century
20th Century
21st Century
Author:
rikazzz
Comment
Annual Budget
An increase in national income is likely to:
Decrease tax receipts
Worsen the balance of trade
Automatically cause an increase in government spending
Cause an increase in injections into the economy
Author:
rikazzz
Comment
Annual Budget
If there is cyclical unemployment in the economy the government might:
Increase interest rates
Encourage savings
Cut taxes
Reduce government spending
Author:
rikazzz
Comment
Page navigation
Previous Page
Previous
1
…
13
14
15
16
17
…
21
Next Page
Next
Go to Page
Light
Dark
GK
Pakistan Studies
Current Affairs
Islamic Studies
English