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Eng201 Past Papers Solved Midterm Papers


MIDTERM  EXAMINATION

Fall 2009

MGT101- Financial Accounting (Session - 3)

Ref No: 1048092

Time: 60 min

Marks: 50

Student Info

 StudentID:

 

 Center:

 

 ExamDate:

  12/19/2009 12:00:00 AM

For Teacher's Use Only

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Question No: 1    ( Marks: 1 )    - Please choose one

 We can say that the business is in profit, when:

       ► Assets exceed Expenditure

       ► Assets exceed Liabilities

       ► Income exceeds Expenditure

       ► Income exceeds Liabilities

   

Question No: 2    ( Marks: 1 )    - Please choose one

 Cost incurred for the maintenance of shop is considered as _________.

       ► Deferred expense

       ► Capital expense

       ► Revenue expense

       ► Preliminary expense

   

Question No: 3    ( Marks: 1 )    - Please choose one

 If a business purchases machinery for Rs. 30,000 on 31st January 2008 having life of 10 years, this expense will be realized ___________ under the concept of accrual accounting.

       ► For the year 2008 only

       ► For the last day of 10th year only

       ► Over 10 years

       ► Nothing can be said about it

   

Question No: 4    ( Marks: 1 )    - Please choose one

 Word “Credit” is derived from ______ language.

       ► Latin

       ► English

       ► French

       ► Chinese

   

Question No: 5    ( Marks: 1 )    - Please choose one

 According to the double entry system of accounting, an account that obtains benefit is:

       ► Debit

       ► Credit

       ► Income

       ► No need to show as accounting record

   

Question No: 6    ( Marks: 1 )    - Please choose one

 An Asset that is NOT physical in nature is called _________.

       ► Intangible Asset

       ► Liquid Asset

       ► Current Asset

       ► Fixed Asset

   

Question No: 7    ( Marks: 1 )    - Please choose one

 What would be the affect on the components of the accounting equation, if goods are purchased on cash? 

       ► Increase in cash and decrease in equity

       ► Increase in cash and increase in goods

       ► Increase in goods and decrease in cash

       ► Increase in equipment and increase in equity

   

Question No: 8    ( Marks: 1 )    - Please choose one

 Which of the following is CORRECT about the flow of recording a transaction?

       ► Occurrence of event – voucher—Journal—Ledger—Trial Balance—profit and loss account—Balance Sheet 

       ► Occurrence of event—Journal – voucher —Ledger—Trial Balance—profit and loss account—Balance Sheet

       ► Occurrence of event—Ledger – voucher—Journal—Trial Balance—profit and loss account—Balance Sheet 

       ► Occurrence of event—Trial Balance – voucher—Journal—Ledger—profit and loss account—Balance Sheet 

   

Question No: 9    ( Marks: 1 )    - Please choose one

 In an account, if credit side < debit side then the balance is known as:

       ► Negative Balance

       ► Debit Balance

       ► Positive Balance

       ► Credit Balance

   

Question No: 10    ( Marks: 1 )    - Please choose one

 Bank book is part of:

       ► Voucher

       ► General Journal

       ► General Ledger

       ► Trial Balance

   

Question No: 11    ( Marks: 1 )    - Please choose one

 While making Income & Expenditure account, Excess of income over expenses in a specified accounting period is called:

       ► Profit

       ► Loss

       ► Surplus

       ► Deficit

   

Question No: 12    ( Marks: 1 )    - Please choose one

 Gross Profit > Operating Expenses=?

       ► Net Profit

       ► Cost of Goods Sold

       ► Net Loss


MIDTERM  EXAMINATION

Fall 2009

MTH202- Discrete Mathematics 


Question No: 1      ( Marks: 1 ) - Please choose one

 

The inverse of given relation  R = {(1,1),(1,2),(1,4),(3,4),(4,1)} is

       ► {(1,1),(2,1),(4,1),(2,3)}

       ► {(1,1),(1,2),(4,1),( 4,3),(1,4)}

       ► {(1,1),(2,1),(4,1),(4,3),(1,4)}

Question No: 2      ( Marks: 1 ) - Please choose one

 

Symmetric and antisymmetric are

       ► Negative of each other

       ► Both are same

       ► Not  negative of each other

Question No: 3      ( Marks: 1 ) - Please choose one

 

Let A = {a, b, c} and

R = {(a, c), (b, b), (c, a)} be a relation on A. Is R

       ► Transitive

       ► Reflexive

       ► Symmetric

       ► Transitive and Reflexive

Question No: 4      ( Marks: 1 ) - Please choose one

 

Let A= {1, 2, 3, 4} and R = {(1, 1), (2, 2), (3, 3),(4,4)} then

       ► R is symmetric.

       ► R is anti symmetric.

       ► R is transitive.

       ► R is reflexive.

       ► All given options are true

Question No: 5      ( Marks: 1 ) - Please choose one

 The contrapositive of the conditional statement p q is

       ► ~p  ~q

       ► q p

       ► ~q ~p

       ► None of these

Question No: 6      ( Marks: 1 ) - Please choose one

 

In Boolean addition 1+1=

       ►  2

       ► 1

       ►  0

Question No: 7      ( Marks: 1 ) - Please choose one

 

The negation of “Today is Friday” is

       ► Today is Saturday

       ► Today is not Friday  

       ► Today is Thursday

Question No: 8      ( Marks: 1 ) - Please choose one

 

The same element can never appear twice in a set.

       ► True

       ► False

Question No: 9      ( Marks: 1 ) - Please choose one

 
If f(x)=2x+1,  then fg(x)=
       ►
       ►
       ►

Question No: 10      ( Marks: 1 ) - Please choose one

 

The statement   p q  ~p  q  ~(p  ~q)

describes

       ► Commutative Law

       ► Implication Laws

       ► Exportation Law

       ► Equivalence

Question No: 11      ( Marks: 1 ) - Please choose one

 

If two sets are not equal, then one must be a subset of the other

       ► True

       ► False

Question No: 12      ( Marks: 1 ) - Please choose one

 

If  f  and g are two one-to-one functions then their composition that is gof is

       ► Not one-to-one

       ► Onto

       ► One-to-one      

       ► Onto and one-to-one

Question No: 13      ( Marks: 1 ) - Please choose one

 

If a set contains exactly m distinct elements where m denotes some non negative integer then the set is .

       ► Finite

       ► Infinite

       ► None of these

Question No: 14      ( Marks: 1 ) - Please choose one

 

If f(4) = 1 and g(1) = 4 then fog(1) =

       ► 3

       ► 1

       ► 4

Question No: 15      ( Marks: 1 ) - Please choose one

 
If () = A, then () = B

       ► True

       ► False

       ► Cannot be determined

Question No: 16      ( Marks: 1 ) - Please choose one

 

The total number of elements in a set is called

       ►  Strength

       ► Cardinality

       ►  Finite

                                                           

Question No: 17      ( Marks: 1 ) - Please choose one

 

If f(x) = x and g(x)=-2x then (f+g)x =

       ► 3x

       ►

       ► –x

Question No: 18      ( Marks: 1 ) - Please choose one

 

Associative law of Intersection for three sets

       ► A  (B  C) = (A  B)  C

       ► A  (B  C) = (A  B)   (A  B)

       ► None of these

Question No: 19      ( Marks: 1 ) - Please choose one

 

Which term of the  sequence  4,1,-2,… is -77

       ► 26

       ► 27

       ► 28

Question No: 20      ( Marks: 1 ) - Please choose one

 

If a set A has 5 elements then power set of A. P(S) contains elements. Which  are?

       ►
       ►
       ►
       ►

Question No: 21      ( Marks: 1 ) - Please choose one

 

 A collection of rules indicating how to form new set objects from those already known to be in the set is called

       ► Base

       ► Restriction

       ► Recursion

Question No: 22      ( Marks: 1 ) - Please choose one

 
 is

       ► Arithmetic series

Arithmetic series

       ► Geometric series

       ► Arithmetic sequence

       ► Geometric sequence 

Question No: 23      ( Marks: 1 ) - Please choose one

 

       ► 4

       ► 3

       ► -2

Question No: 24      ( Marks: 1 ) - Please choose one

 

The product of the positive integers from 1 to n is called

       ► Multiplication

       ► n factorial

       ► Geometric sequence

Question No: 25      ( Marks: 3 )

 

Consider the geometric progression  5/7, 5/49, 5/343,  …

·        Identify r

·        Find the nth term of this progression

·        If the above progression is to be added up to infinite terms then what could be the sum?

Answer:-

                       

nth term=?

Sum=?

            As  

 So, formula is:-

           

Question No: 26      ( Marks: 5 )

 

Determine whether the following statement is tautology or not (use truth table)

                                         

p

q

~p

~q

~q

1

1

0

0

1

1

0

1

0

0

1

1

1

0

0

1

1

0

0

0

1

0

0

1

1

1

1

1

Hence, it is not a tautology as there are two  false.

Question No: 27      ( Marks: 10 )

 

Write an input/output table for the circuit:

 

             

Input signals are:

X = 1

Y = 0

Z = 0

X

Y

Z

X^Y

(X^Y) Z
~[(X^Y) Z]

1

0

0

0

0

1

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