FPSC VICE PRINCIPAL MOCK TEST 1 FOR FPSC EXAMS

FPSC MOCK TEST FOR THE POST OF VICE PRINCIPAL, HEADMISTRESS PRINCIPAL

FPSC MOCK TEST FOR THE POST OF VICE PRINCIPAL, HEADMISTRESS PRINCIPAL

Total Questions: 200
Total Marks: 200
Total Time: 150 min 0 sec
Marking Scheme: +1 correct, -0.2 wrong

Which is antivirus software?

Which is antivirus software?
A. Norton
B. Windows
C. Linux
D. MacOS
Correct answer is: A. Norton
Norton protects against viruses

Which is a short-term financial decision?

Which is a short-term financial decision?
A. Capital budgeting
B. Dividend policy
C. Working capital management
D. Mergers
Correct answer is: C. Working capital management
Short-term finance manages daily operations

Which is a programming language?

Which is a programming language?
A. Python
B. Excel
C. Word
D. PowerPoint
Correct answer is: A. Python
Python is a programming language

What is dividend?

What is dividend?
A. Loan amount
B. Profit distributed to shareholders
C. Expense payment
D. Tax amount
Correct answer is: B. Profit distributed to shareholders
Dividend is return to shareholders

What is cost of capital?

What is cost of capital?
A. Total profit
B. Minimum return required on investment
C. Total expense
D. Total revenue
Correct answer is: B. Minimum return required on investment
It is required return for financing sources

What is the primary objective of financial management?

What is the primary objective of financial management?
A. Profit maximization
B. Employee satisfaction
C. Social welfare
D. Market monopoly
Correct answer is: A. Profit maximization
Financial management aims to maximize shareholder wealth

Which is a financial risk?

Which is a financial risk?
A. Weather change
B. Interest rate fluctuation
C. Employee satisfaction
D. Marketing plan
Correct answer is: B. Interest rate fluctuation
Financial risk affects returns

What is inter-rater reliability?

What is inter-rater reliability?
A. Agreement between markers
B. Same test twice
C. Split-half method
D. Internal consistency
Correct answer is: A. Agreement between markers
Multiple markers give similar scores

What does liquidity mean?

What does liquidity mean?
A. Ability to earn profit
B. Ability to meet short-term obligations
C. Long-term investment return
D. Tax saving
Correct answer is: B. Ability to meet short-term obligations
Liquidity refers to paying current liabilities on time

What is liquidity ratio used for?

What is liquidity ratio used for?
A. Long-term analysis
B. Short-term solvency check
C. Profit calculation
D. Tax calculation
Correct answer is: B. Short-term solvency check
It measures ability to pay short-term debts

Which financial statement shows financial position?

Which financial statement shows financial position?
A. Income Statement
B. Balance Sheet
C. Cash Flow Statement
D. Trial Balance
Correct answer is: B. Balance Sheet
Balance sheet shows assets, liabilities and equity

What is retained earnings?

What is retained earnings?
A. Dividends paid
B. Profit kept in business
C. Salaries paid
D. Loans taken
Correct answer is: B. Profit kept in business
Retained earnings are reinvested profits

What is working capital?

What is working capital?
A. Fixed assets minus liabilities
B. Current assets minus current liabilities
C. Long-term debt
D. Net profit
Correct answer is: B. Current assets minus current liabilities
Working capital measures short-term financial health

What is an asset?

What is an asset?
A. A liability
B. A resource owned by business
C. An expense
D. A tax
Correct answer is: B. A resource owned by business
Assets provide future economic benefit

What is CPU?

What is CPU?
A. Central Processing Unit
B. Computer Personal Unit
C. Central Program Unit
D. Core Processing Unit
Correct answer is: A. Central Processing Unit
CPU is computer's brain

Which is a source of long-term finance?

Which is a source of long-term finance?
A. Bank overdraft
B. Trade credit
C. Equity shares
D. Short-term loan
Correct answer is: C. Equity shares
Equity shares provide permanent capital

Which is an example of fixed asset?

Which is an example of fixed asset?
A. Cash
B. Inventory
C. Machinery
D. Receivables
Correct answer is: C. Machinery
Machinery is long-term asset

Which is primary memory?

Which is primary memory?
A. RAM
B. Hard Disk
C. SSD
D. USB Drive
Correct answer is: A. RAM
RAM is volatile primary memory

What is depreciation?

What is depreciation?
A. Increase in asset value
B. Allocation of asset cost over time
C. Profit earned
D. Tax paid
Correct answer is: B. Allocation of asset cost over time
Depreciation spreads asset cost over useful life

What is inflation?

What is inflation?
A. Decrease in prices
B. Increase in prices
C. Stable prices
D. No change
Correct answer is: B. Increase in prices
Inflation reduces purchasing power

What type of computer is fastest?

What type of computer is fastest?
A. Supercomputer
B. Mainframe
C. Minicomputer
D. Microcomputer
Correct answer is: A. Supercomputer
Supercomputers perform complex calculations
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