PPSC Lecturer Commerce Test 3 Online Preparation MCQs

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Commerce. All the individuals who are going to appear in PPSC Lecturer of Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Commerce, all Past Papers of Lecturer of Commerce PPSC  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.
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Test Instructions:-
Test Name Lecturer Commerce 
Subject Commerce Test 3
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
0%

You have 20 minutes to pass to the quiz.


PPSC Lecturer of Commerce Practice Test 3

1 / 25

Double entry book-keeping was fathered by:

2 / 25

Depreciation in spirit is similar to:

3 / 25

External Reporting is the Result of:

4 / 25

Prospectus for shares can be issued by:

5 / 25

Funds Flow Statement and sources and application statement are:

6 / 25

In Insurance, the following Profit and Loss Accounts are prepared:

7 / 25

The output of financial accounting is:

8 / 25

Which of these characteristics does not apply to partnership?

9 / 25

Preparation of companies’ financial reports is governed in Pakistan under:

10 / 25

Break even can be calculated as under:

11 / 25

Special purpose financial statements are prepared by:

12 / 25

All of following are Assets except:

13 / 25

Which of the following groups use financial accounting?

14 / 25

Flexible budget is a budget with the following features:

15 / 25

Which One of the following is an example of Intangible asset?

16 / 25

Partners in Pakistan can today be fixed at the following numbers:

17 / 25

Sales budget must be prepared:

18 / 25

All economics costs that a business incur through its operation to earn revenues?

19 / 25

In straight line method of depreciation, the written down value of a fixed asset will be at the end of the life of the asset as under:

20 / 25

A large organization with separate legal status is known as:

21 / 25

Which of the following statements is false?

22 / 25

Quick Ratio can be computed as under:

23 / 25

Which of the following business entity is known as firm?

24 / 25

The personnel, procedure, devices and records used by an organization to develop accounting information and communicate that information to decision maker are called which of the following?

25 / 25

Balance Sheet is always prepared:

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