DATE: 30-07-2026 DAY: THURSDAY PAPER: FIN-621 TIME: 10:00 AM CITY: KARACHI CAMPUS: SHAHRAH-E-FAISAL MCQS are mix of conceptual and calculation based from handouts. All MCQS are mix of theoretical and calculation based. SHORT QUESTIONS: 1- Define Materiality in respect to Auditors Report 2- Define the concept of Legal Capital of a Company 3- Define Return on sale and its importance towards management of a company 4- Calculate Calculate return on assets and assets turnover from the given data LONG QUESTIONS: 1- Calculate the depreciation rate and its profit or loss on disposal 2- Calculate net profit margin of 2010 and 2012 from the given data 3- Calculate the amount of current assets and net working capital from the given data Overall paper was very easy. Just read handouts carefully and c