i) The test will be based on Multiple Choice Questions (80% questions as per

qualifications advertised in the press

and 20% from I.Q, Gen. Knowledge, Islamic / Pak. Studies & English)

Test Preparation of PAEC Accounts and Admin

@ for all candidates
if you are going to appear for the test of accounts prepare the following topics...
Ratios
basic finance definitions like balancesheet
Bank reconciliation
cash flow statement
budgeting types like payback period,IRR,Net present value etc
F.Management.
Present value .Future value ...
work sheet
Management:
Functions of Management:
nature of debit credit etc
Marketing basic definitions
product marketing/holistic marketing concepts,swot analysis
Promissory Note:
Bill of Exchange:
Primary and Secondary Data:
Functions of Management:
Net working Capital:
How Net capital is calculated:
Accounting Cycle:
Define and Differentiate between financial, cost, and managerial accounting
Management functions
Strategic management
BCG.SWOT,IE matrix
Research concepts like descriptive or exploratory
there topics are just an example of pattern of paper...
and donot worry at all.....
ap sb ko ksi se data mangnay ki zaroorat nahi hai books kholein aur glossary se b bohat kuch
parha jasakta hai ...
is k ilawa english synonyms antonyms aur analytical portion b ayega...aur kuch questions
mathematical hongay jese ager assets diye gaye hen to liability find out kerna or ho sakta hai
cash flow ajaye us me se ksi aik item ko find out kerna ho...
is k ilawa 2 to 3 quetions iq k atay hen
total tiime 2 hours tha last time

jo log admin paper attempt karenge unko chahiye k wo

marketing aur
management
Organizational behaviour
jitna hoskta hai cover karen q k last time in subjects pe focus kiya gya tha aur little bit FM.thats
it...
simple k basic questions ayenge har subjects me se
now donot waste time on finding data just open your notes and books.thats it.

Followings are the topics which should be studied for Accounts officer post.
1. Basic Accounting definitions, Types of Accounting, Accounting Cycle
2. Types of Accounts(personal, Real, Nominal)
3. Journal, ledger, Trial balance
4. Bank Reconciliation Statement
5. Trading & profit & loss A/c (Complete(Adjusting enteries, Provision for bad debts))
6. Income Statement, Balance Sheet, Cash Flow Statement
7. Ratio Analysis
8. Depreciation, Amortization
9. Cost of Goods sold statement
10. Job order Costing
11. Inventory Management(Carrying cost, Ordering cost, Danger level, EOQ, reorder
level)
12. Factory overhead(complete)
13. Method of project Valuation( Payback period, IRR,NPV,WACC etc)
14. Present Value, Future Value, Effective annual interest,
15. Bond Valuation
16. Term Structure of interest rates(Normal, Flat, Inverted Yield Curve)
17. Capital Budgeting
18. Common Stock Valuation(Dividend discount model, Dividend growth, Constant
Growth)
19. Portfolio Diversification(SML, CAPM)
20. Modigliani-Miller theorem
21. Basic economics
22. Current economic indicators(GDP, inflation rate, GNP,NNP etc)
23. Mathematics(7th,8th class level)
24. Gernal knowledge
25. Current affair
26. Pakistan studies
27. Islamiat

28. Basic computer terminologies

If the paper is subjective then it would give a tuff time.

Dear friends, i appeared in the test of Accounts Oficcer (SPS-8) in Siddique Public
School Rawalpindi. The Analytical question of 5 marks which was included in the
paper is as under:The office staff of the XYZ Corporation presently consists of three bookkeepers (L, M
and N) and five secretaries (O, P, Q, R and S). Management is planning to open a
new office in another city sending three secretaries and two bookkeepers from the
present staff. To do so they plan to separate certain individuals who do not function
well together. The following guidelines were established to set up the new office: (a)
Bookkeepers L and N are constantly finding faults with one another therefore should
not be sent together to the new office. (b) N and P function well alone but not as a
team. They should be separated. (c) O and R have not been on speaking terms for
many months. They should not go together. (d) Since O and Q have been competing
for a promotion, they should not be in one team. Based on the information given
above find the correct answers to the following Questions:
1. If M insists on staying back then how many combinations are possible?
A. 1 B. 2 C. 3 D. None
2. If L is to be moved as one of the book keepers, which of the following CANNOT be
a possible working unit?
A. LMOPS B. LMPQS C. LMORS D. LMPRS
3. If N is sent to the new Office which member of the staff CANNOT be sent?
A. O B. M C. Q D. R
4. If O is sent to the new office then which of the following is a possible team?
A. LMOPR B. MNOQS C. MNOPS D. LMOPS
5. If both N and Q are moved to the new office, how many combinations are
possible?
A. 2 B. 3 C. 4 D. 1
There was slight change made by the PAEC in this question that the word
bookkeepers was chnaged with 'Financial Managers' (E,F,G) and the word
Secretaries was changed with the 'Financial Representatives' (J,K,O,P,Q).

there was one question which looks like as:

Q41.in year 19A, the sales revenue was $19,950,000. variable cost $11,571,000
fixed cost $ 7,623,000.
in year 19 B, the sales increased by 20 %, where as the other costs remains the
same what is the net income/loss.
A.907,200 B.2,431,800 C.204,000 D.1,504,000
Q42. in year 19 B, the sales decreased by 20 %, where as the other costs remains
the same what is the net income/loss.
someone who has understood the above problems . please explain the concept
used in the above questions . and explain the increased by and decreased by in
detail.
regards

20% Increase in sales = 23940000

Less: Fixed Cost = (7623000)
Less: 20% Increase in V.C = (13885200)
Answer = 2,431,800
20% decrease in sales = 15960000
Less: Fixed Cost = (7623000)
Less: 20% decrease in V.C = (9256800)
Answer = (919800)

http://gotest.pk/education/sample-papers/pakistan-atomic-commission-nat-entrytest-online-preparation-mcqs-questions-result-merit-list/