FPSC PPSC KKPSC BPSC SPSC Lecturer Commerce Test No. 29

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.


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 28
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 29

1 / 25

The statement which contains a complete and satisfactory explanation of the differences in balances as per cash book and bank statement is known as:

2 / 25

When bank column of a cash book shows a credit balance, it means:

3 / 25

Gross profit equals:

4 / 25

Bank reconciliation is not a:

5 / 25

Bank reconciliation statement is a part of:

6 / 25

The profit and Loss appropriation account is not prepared in the case of:

7 / 25

Net profit equals:

8 / 25

Which of the following, enable us to check on the conduct of the business, and to discover whether it is being run profitably:

9 / 25

A copy of the customer's account in the bank's ledger is called:

10 / 25

In business concern, cash balance is a very important element of its:

11 / 25

The debit balance of the bank account in the books of the business should be equal to the credit balance of the account of the business in the books of the:

12 / 25

When the monthly bank statement is sent out which one of the following would not appear?

13 / 25

The term imprest System is used to relation to:

14 / 25

The book in which small payments, which are not convenient to record in the main cash book, are recorded is called:

15 / 25

When bank statement shows a credit balance it means:

16 / 25

Bank statement is the statement of account of the customer maintained by the:

17 / 25

The balance of petty cash book is:

18 / 25

Disagreement in balances may arise owing to mistake or mistakes in the:

19 / 25

The customer may deposit cash or cheque with the aid of a:

20 / 25

A bank reconciliation statement is prepared by:

21 / 25

Which of the following discloses the financial position of the business:

22 / 25

The balance of trading account which represents either Gross profit or Gross Loss is transferred to:

23 / 25

Bank reconciliation statement is:

24 / 25

Bank account is a:

25 / 25

Petty cash book is a branch of:

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