If a company’s profits increase from $100,000 to $150,000, what is the percentage increase?
A. 50%
B. 60%
C. 70%
D. 80%
Correct Answer: A) 50%
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What is the percentage increase from 5 to 7?
A. 20%
B. 25%
C. 40%
D. 60%
Correct Answer: C) 40%
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What is Pakistan’s population ranking in Asia?
A. 2nd
B. 3rd
C. 4th
D. 5th
Correct Answer: C. 4th
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What is the arithmetic mean of the numbers -3, -2, -1, 0, 1, 2, 3?
A. -1
B. 0
C. 1
D. 2
Correct Answer: B. (-3 + -2 + -1 + 0 + 1 + 2 + 3) / 7 = 0
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What is the value of 5% of 20%?
A. 0.1%
B. 1%
C. 20%
D. 0.05%
Correct Answer : b) 1%
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The value of 5% of 20 is ____?
A. 0.1
B. 1.0
C. 2.0
D. 4.0
Correct Answer: B. 1.0
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What is the primary goal of accountancy?
A. To provide assurance on the accuracy and reliability of financial information
B. To provide accurate and useful information about a company’s financial performance and position
C. To determine an organization’s compliance with laws and regulations
D. To investigate financial crimes such as fraud and embezzlement
Correct Answer: B. To provide accurate and useful information about a company’s financial performance and position
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