What is inter-rater reliability?
Correct answer is: A. Agreement between markers
Multiple markers give similar scores
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📚 Table of Content
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FPSC VICE PRINCIPAL MOCK TEST 1 FOR FPSC EXAMS
1 subcategories
What does liquidity mean?
Correct answer is: B. Ability to meet short-term obligations
Liquidity refers to paying current liabilities on time
What is liquidity ratio used for?
Correct answer is: B. Short-term solvency check
It measures ability to pay short-term debts
Which assessment approach focuses on process?
Correct answer is: A. Formative
Formative evaluates learning process
Which financial statement shows financial position?
Correct answer is: B. Balance Sheet
Balance sheet shows assets, liabilities and equity
What is retained earnings?
Correct answer is: B. Profit kept in business
Retained earnings are reinvested profits
What is the key principle of essay test construction?
Correct answer is: A. Clear instructions
Students need clear expectations
What is working capital?
Correct answer is: B. Current assets minus current liabilities
Working capital measures short-term financial health
What is an asset?
Correct answer is: B. A resource owned by business
Assets provide future economic benefit
Which is a source of long-term finance?
Correct answer is: C. Equity shares
Equity shares provide permanent capital
What is depreciation?
Correct answer is: B. Allocation of asset cost over time
Depreciation spreads asset cost over useful life
What type of computer is fastest?
Correct answer is: A. Supercomputer
Supercomputers perform complex calculations
What is capital budgeting?
Correct answer is: B. Long-term investment decision process
Capital budgeting evaluates long-term projects
What is capital structure?
Correct answer is: B. Combination of debt and equity
It defines financing mix
Which is a current asset?
Correct answer is: C. Inventory
Inventory is converted into cash within a year
Which software creates presentations?
Correct answer is: A. PowerPoint
Microsoft PowerPoint for slide shows
What is financial leverage?
Correct answer is: B. Use of debt in capital structure
Leverage refers to borrowing funds
Which cost is a fixed cost?
Correct answer is: B. Rent of building
Fixed costs remain constant regardless of output