Name: _______________________________ ID # ________________Program: ________Section: ____Date: _______

No Negative marking but Zero marks for cutting/overwriting

Asset Management Company means a company that has been licensed by SECP to
offer Asset Management Services.
A HUF is an AOP.
Modaraba means a bsiness in !hich a person participates !ith his
money and another !ith his effort or s"ill or both.
#he holding or acting in a pblic office li"e M$A is considered as an
employment.
Employment incldes a directorship or any other office involved in the
management of a company.
An $%FC incldes companies licensed by SECP to carry ot the bsiness of
disconting services.
&esident person incldes resident individal' resident AOP'
resident company and Federal (overnment.
(overnment of Sind shall al!ays be considered a resident ta)payer.
Management #a) Payer
Asset SECP
%siness &esidential Person
*irectorship &esident AOP
Employment $%FC
HUF AOP
Modarba Management
Person Federal (overnment
Pblic *isconting
SECP Employment