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  • ITM Group of Colleges Auditing Exam Questions by Sana

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    Hafiz Mahmood Ul Hassan
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    This document provides instructions for a 3-hour auditing exam worth a total of 100 marks to be taken at ITM Group of Colleges Sargodha. Students must attempt any 5 of the 7 questions provided, with each question worth 20 marks. The questions cover topics such as the origin and management of the State Bank of Pakistan, letters of credit procedures, e-banking issues, factors in credit analysis, the definition and creation of credit by commercial banks, cheque crossing and endorsements, cash reserves, and the role of commercial banks in the economy.

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    banking

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    BANKING.docx

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    This document provides instructions for a 3-hour auditing exam worth a total of 100 marks to be taken at ITM Group of Colleges Sargodha. Students must attempt any 5 of the 7 questions provided, with each question worth 20 marks. The questions cover topics such as the origin and management of the State Bank of Pakistan, letters of credit procedures, e-banking issues, factors in credit analysis, the definition and creation of credit by commercial banks, cheque crossing and endorsements, cash reserves, and the role of commercial banks in the economy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Scarica in formato DOCX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    14 visualizzazioni1 pagina

    ITM Group of Colleges Auditing Exam Questions by Sana

    Caricato da

    Hafiz Mahmood Ul Hassan
    This document provides instructions for a 3-hour auditing exam worth a total of 100 marks to be taken at ITM Group of Colleges Sargodha. Students must attempt any 5 of the 7 questions provided, with each question worth 20 marks. The questions cover topics such as the origin and management of the State Bank of Pakistan, letters of credit procedures, e-banking issues, factors in credit analysis, the definition and creation of credit by commercial banks, cheque crossing and endorsements, cash reserves, and the role of commercial banks in the economy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Scarica in formato DOCX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 1

    ITM Group of Colleges Sargodha

    SUBJECT: AUDITING TOTAL MARKS: 100 TIME ALLOWED: 3Hrs LECTURER: SANA

    ATTEMPT ANY FIVE QUESTIONSALL CARRY EQUAL MARKS: NOTE: EXTRA ATTEMPT WILL NOT BE CONSIDERED..: (20*5=100) Q1: Discuss the origin, establishment and management of State Bank of Pakistan? Q2: Define letter of credit and explain the whole procedure of opening letter of credit? Q3: What is meant by E-Banking? Discuss in detail the major issues of it? Q4: What the factors that are observed in credit analysis? Q5: Define Credit? How does commercial banks create credit? Q6: Write note on the following: a) Crossing of the Cheque b) Endorsement c) Cash reserves Q7: Explain the role played by the commercial banks in economy?

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