past papers b.com 2 s.u

8/16/2019 Past Papers B.com 2 S.U

1/7

Auditing

Q. 1) How do you distinguish Audit from Book Keeping, Accountancy and

Investigation?Q. 2) What do you understand by Continuous Audit? numerate the

Advantages and ! "isadvantages if any of Continuous Audit#Q. 3) What is and Audit $rogramme? What particu%ar advantages are derived

from an Audit $rogramme, drawn up before commencing and Audit? What

precautions to be taken to overcome shortenings of Audit $rogramme#Q. 4) &o what essentia% points must and Auditor give specia% attention whi%e

vouching Cash $ayments'Cash (eceipts#Q. 5) )tate Brie*y how in your opinion the under mentioned assets shou%d be

veri+ed by the auditor in the accounts which he has been asked to certify#

(Only Two)a) Book "ebts c) oansb) -oodwi%%

Q. 6) )tate in brie*y by $owers and "uties of an Auditor under theCompanies .rdinance of /012#

Q. 7) What is meant by Investigation of Accounts of a business and how does

it di3er from Auditing# 4ention some of the purposes which may necessitate

investigating of accounts of a business#Q. 8) What is and Audit (eport? What is its Importance? "raft a report of an

auditor to be appended to 5inancia% )tatements of a Company when such

report is without any 6ua%i+cation'with 6ua%i+cation 78ua%i+ed and

9n6ua%i+ed:#Q. 9) "e+ne Auditing# "iscuss brie*y ; 5unctions, ; .b .b


2/7

Q. 17) What is $rospectus (eport? "escribe its contents and draft and an

imaginary specimen of this report#

!"nition#$%

rrors of .mission, &eeming and ading, Window "ressing, Compensating

rrors, Interim Audit, Audit ote Book, .wner of Working $aper, Honorary

Auditors iabi%ity, rrors of $rincip%es, Interna% Check, Ca%%ing .ver, Auditor,

Input "evices, &est Checking, Audit Working $aper, -overnment Audit, Audit

$rogramme, (otation $rincip%e, &icking


3/7

&u#in!## 'aw

Q. 1) "e+ne Contract and give essentia% of a =a%id Contract#Q. 2) "iscuss in detai% the essentia% of a =a%id .3er#Q. 3) What remedies are avai%ab%e to the Aggrieved $arty on Breach of

Contract?Q. 4) "e+ne Contract of )a%e# "istinguish between )a%e and Agreement to

)e%%#Q. 5) "e+ne Bi%% of change# "iscuss its Characteristics#Q. 6) Write an essay of (ights and "uties of Common Carrier#

Q. 7) "e+ne an 9npaid )e%%er# What are the (ights according to )a%e of -oodAct?Q. 8) n%ist 9nfair abour $ractices on the part of mp%oyer and Workmen#Q. 9) "iscuss the =arious Kinds of Contract#Q. 10) "iscuss the methods under which and o3er stand revoked# -ive

amp%es#Q. 11) "e+ne Consideration# What are the ru%es regarding a =a%id

Consideration?Q. 12) What are the various ways in which a contract may be discharged or

terminated?Q. 13) "e+ne contract of )a%e of -oods# "iscuss its characteristics#

Q. 14) "e+ne Che6ue# How does it di3er from Bi%% of change?Q. 15) What are the provisions of factories Act re%ating to Hea%th of Workers#Q. 18) o Consideration o Contract# %aborate the statement#Q. 19) "e+ne $rincipa% and Agent# A%so describe (ights and "uties of $rincipa%

and Agent#Q. 20) a) "e+ne Condition and Warranty# A%so distinguish between them#

b) p%ain in detai% the "octrine of Caveat mptor#Q. 21) "e+ne Ho%der in "ue Course# p%ain various privi%eges avai%ab%e to

Ho%der in "ue Course#Q. 22) "e+ne Co%%ective Bargaining Agent 7CBA:# p%ain the procedure of its

determination#Q. 23) "e+ne Acceptance and state essentia%s of va%id Acceptance# A%so

ep%ain when communication of .3er, Acceptance, and (evocation is

comp%ete#Q. 24) "e+ne 4isrepresentation and 5raud and a%so di3erentiate them to each

other#Q. 25) "e+ne Contract of Bai%ment and give its essentia%s#


4/7

Q. 26) "e+ne the term egotiab%e Instrument and a%so give the

characteristics#Q. 27) What is a Charter $arty? "iscuss the various c%auses of Charter $arty#Q. 28) p%ain about the Constitution, $ower, and 5unctions of abor Appe%%ate

&ribuna%#

Q. 29) "e+ne Contract of Agency and its essentia%s? A%so discuss kinds of Agents#

Q. 30) "iscuss "uties and iabi%ities of (ai%way Administration as a carrier?Q. 31) "e+ne =oid Agreement# Which agreements have been epress%y

dec%ared void?Q. 32) "e+ne Agency# How it is created and terminated?Q. 33) "e+ne Che6ue# 9nder which circumstance the payment of a che6ue

can be terminated by a bank?Q. 34) What are the unfair %abor practices on the part of emp%oyer and

emp%oyee under the factories act?

!"nition#$%

=oid Agreement, Crossed Che6ue, Contingent Contract, &ermination of

Agency, )trike and ockout, 4inor, 5raud, Bi%% of ading, .3er, (evocation,

Agreement, =oid Contract, Acceptance, stoppe%, 9ndue In*uence, Contract

of -uarantee, $%edge, 9npaid )e%%er, Accommodation Bi%%, Common Carrier,

=oidab%e Contract, Coercion, i6uidated "amages, =oyage Charter $arty,

oting, Award, Bi%% of change, Bai%ment, Imp%ied Contract, Inso%vent, Adu%t,

8uasi Contract, $romissory ote, =oidab%e Agreement, $ub%ic .3er,Agreement to )e%%, )ocia% Agreement


5/7

&u#in!## Taation

Q. 1) "e+ne Income from Business# What "eductions are a%%owed under the

head Income from Business?Q. 2) What is $rovident 5und? How many types of $rovident 5und are and

what is working of $rovident 5und?Q. 3) What is )eparate B%ock of Income? What is the rate at which ta is

payab%e on such Income#

Q. 4) "iscuss the Appointment, urisdiction, $owers and 5unctions of (egiona% Commissioner of Income &a#

Q. 5) What are various types of osses? How can these %osses be Carried

5orward?Q. 6) What do you mean by Agricu%tura% Income? -ive at %east +ve eamp%es

of income from agricu%ture and +ve eamp%es of income which are not

agricu%ture income# Is agricu%tura% income taab%e in $akistan?Q. 7) "iscuss the various types of re%iefs and a%%owance which can be

c%aimed as ta credits by an individua%#Q. 8) "iscuss the composition of Appe%%ate &ribuna%# What are the functions

performed by it?Q. 9) Why the di3erence between Capita% and (evenue is important from

income ta viewpoint# What are di3erent tests for di3erentiating capita% and

revenue ependiture'(eceipt?Q. 10) "iscuss in detai% the ta treatment under income ta ordinance !DD/

for fo%%owing faci%ities that are provided by emp%oyer to emp%oyees#a) ntertainment b) oan to mp%oyeesc) Accommodation d) Conveyance


6/7

Q. 11) What are the various types of $ena%ties 7at %east twe%ve: that can be

imposed under income ta ordinance !DD/?Q. 12) What is 5edera% Board of (evenue? -ive its History and .rganiEation#

"iscuss the responsibi%ities of person who works as a head of board# Who are

the di3erent subordinate to that head# A%so discuss ten di3erent function of

board#Q. 13) Brie*y ep%ain the %ega% provision government the +%ing of return of

tota% income under the income ta ordinance !D//#Q. 14) "iscuss the conditions for a%%owabi%ity of depreciation a%%owance under

the income ta ordinance !DD/#

!"nition#$%

nco*! Ta$

Agricu%tura% Income, Industria% 9ndertaking, $rincipa% .Fcer, )ma%% Company,

Accumu%ated $ro+ts, Assessment Gear, Capita% Asset, &a $ayer, &a Gear,

$ermanent stab%ishment, Business, "epreciab%e Asset, $ub%ic Company, &urnover, )pecu%ation Business, $akistan )ource Income, (esident Individua%,

+al!# Ta$

Appe%%ate &ribuna%, Arrears, &a 5raud, ero (ated )upp%y, empt )upp%y,

Input &a, &a Invoice, 4anufacture, )upp%y, =a%ue of )upp%y, Who%esa%er,

Associates, .utput &a, &aab%e Activity,

,!*-tion#$%

Amount of -ratuity, $ro+t on "ebt, 4edica% Charges, $ension, Income of

ducationa% Institutions, Internationa% Agreement, Income of CertainInstitution, Communication of $ensions


7/7

past papers b.com 2 s.u

Documents