FPSC PAST Papers
Here you can see all FPSC Past Papers
A.
Central Processing Unit
B.
Computer Personal Unit
C.
Central Program Unit
D.
Core Processing Unit
Correct answer is:
A. Central Processing Unit
Explanation:The correct answer is Central Processing Unit because it is the primary component of a computer that acts as its 'brain,' executing instructions and processing data.
- Central Processing Unit: This is the accurate, universally accepted definition of CPU. It handles all basic arithmetic, logical, control, and input/output operations specified by the instructions.
- Incorrect Options:
- Computer Personal Unit: This is a fabricated term; personal computers are called PCs.
- Central Program Unit: This is incorrect because the unit processes instructions rather than acting as a program itself.
- Core Processing Unit: While a CPU contains 'cores', the complete abbreviation stands for Central Processing Unit.
A.
Cash
B.
Inventory
C.
Machinery
D.
Receivables
Correct answer is:
C. Machinery
Explanation:The correct answer is Machinery because fixed assets are long-term tangible properties that a business owns and uses in its operations to generate income over a period extending beyond one year.
- Machinery: This is the correct choice. Machinery is classified as a non-current or fixed asset because it is purchased for ongoing, long-term operational use and cannot be quickly or easily converted into cash within a standard twelve-month operating cycle. It is subject to depreciation over its useful economic life.
- Incorrect Options (Current Assets):
- Cash: This is incorrect. Cash is the most liquid asset and is classified as a current asset since it is immediately available for daily transactions.
- Inventory: This is incorrect. Inventory represents goods held for sale or manufacture, which a business expects to liquidate and convert into revenue within its current operating cycle.
- Receivables: This is incorrect. Accounts receivable are short-term lines of credit extended to customers that are expected to be collected in cash within a year, making them current assets.
A.
Composition of assets
B.
Combination of debt and equity
C.
Income statement
D.
Cash balance
Correct answer is:
B. Combination of debt and equity
Explanation:The correct answer is Combination of debt and equity because a firm's capital structure refers explicitly to the specific permanent mix of long-term financing used to fund its overall operations and growth.
- Combination of debt and equity: This is the correct choice. It represents how a corporation finances its assets through a combination of equity (such as common stock, preferred stock, and retained earnings) and debt (such as bank loans, bonds, and notes payable). Balancing this mix is crucial for minimizing the Weighted Average Cost of Capital (WACC).
- Incorrect Options:
- Composition of assets: This is incorrect. The allocation and types of physical or intangible properties a company owns represent its asset structure or investment mix, not its financing mix.
- Income statement: This is incorrect. The income statement is a primary financial report that reflects revenue, expenses, and net profit over a specific period.
- Cash balance: This is incorrect. This represents the total liquid currency available on the balance sheet at a single point in time under current assets.
A.
Emotion
B.
Speed
C.
Accuracy
D.
Diligence
Correct answer is:
A. Emotion
Explanation:The correct answer is Emotion because computers are machines that lack human feelings, empathy, and emotional intelligence.
- Emotion: This is NOT a characteristic of a computer. Computers operate strictly based on programmed instructions and data, meaning they cannot feel, sympathize, or make emotionally driven decisions.
- Incorrect Options (Valid Computer Characteristics):
- Speed: This is a core characteristic. Computers can process millions of instructions per second, making calculations exponentially faster than human capabilities.
- Accuracy: This is a core characteristic. Computers perform calculations with high precision and do not make mistakes unless there is an error in the input data or programming.
- Diligence: This is a core characteristic. Computers are free from monotony, tiredness, and lack of concentration, allowing them to work continuously for hours without errors.
A.
Search Engine
B.
Social Network
C.
Email Service
D.
Web Browser
Correct answer is:
A. Search Engine
Explanation:The correct answer is Search Engine because Google's primary and foundational service is to index the World Wide Web, allowing users to look up and retrieve information from internet content.
- Search Engine: This is the correct classification. Google uses complex web crawlers and algorithms to organize information and provide relevant web results based on user queries.
- Incorrect Options:
- Social Network: Google is not a social network (services like Facebook or Instagram fit this category, whereas Google's own attempt, Google+, was shut down).
- Email Service: While Google offers an email service (Gmail), Google itself as a core entity is classified as a search engine.
- Web Browser: Google develops a web browser (Google Chrome), but the core company and its primary function started and remains classified as a search engine.