Lecturer Commerce Solved Past Paper MCQs Online Test No. 38

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Online Free Taleem is free online MCQ’s test related to Lecturer Commerce. All the individuals who are going to appear in PPSC, FPSC, KKPSC, SPSC, BPSC, AJ&KPSC, NTS, Lecturer Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests of Lecturer of Commerce include all the important questions and Past Paper of  Lecturer Commerce, that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START  Button to Take this Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 38
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 38

1 / 25

If any expense account or revenue account is wrongly debited, the profit will decrease and when it is rectified:

2 / 25

Errors, which are made in the preparation of the trial balance are called:

3 / 25

Wages paid for the erection of a machine debited to Wages account is an example of:

4 / 25

Under or over casting of a subsidiary book is an example of error of:

5 / 25

Goods purchased from Salman Rs.3000, were passed through sales book. The rectification of the error will:

6 / 25

Error of casting in bill receivable book affects:

7 / 25

Error of omission from trial balance affects:

8 / 25

When all the errors are rectified and posted to suspense account, the suspense account shows:

9 / 25

An asset was purchased for the business, however, the amount was debited to purchases account. It is an error of:

10 / 25

Error of principle involves an incorrect allocation of expenditure or receipt between:

11 / 25

Error of posting affects:

12 / 25

Some expenses are incurred at the time of the sale of an asset. The amount will be debited to:

13 / 25

Error of principle affects:

14 / 25

If by error, any revenue omitted to be recorded it will:

15 / 25

Only those errors affect the profit of the business which are related to:

16 / 25

The error in the casting of sales book is called as:

17 / 25

Sales of Rs.625 to Ali were posted to his account as Rs.562. To rectify the error, Ali's account will be:

18 / 25

Purchases from Kamran Rs.499, were not recorded. This will affect:

19 / 25

If there is any error in cash account, it will affect:

20 / 25

Goods sold for Rs.1,000 were entered in the sales book by Rs.2000, the rectification of the entry will:

21 / 25

Sales of Rs.500 to Amjad were not recorded while rectifying this error, Amjad's account will be:

22 / 25

Omission of a transaction from a subsidiary record affect:

23 / 25

Over casting of purchases book is an example of error of:

24 / 25

Impersonal accounts are affected by:

25 / 25

Sales to Fahad, Rs.506, posted to his account as Rs.605 affect:

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