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.

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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 28
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 29

1 / 25

Petty cash book is a branch of:

2 / 25

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

3 / 25

The balance of petty cash book is:

4 / 25

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

5 / 25

Bank account is a:

6 / 25

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

7 / 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:

8 / 25

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

9 / 25

A bank reconciliation statement is prepared by:

10 / 25

Bank reconciliation statement is a part of:

11 / 25

The term imprest System is used to relation to:

12 / 25

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

13 / 25

Net profit equals:

14 / 25

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

15 / 25

Bank reconciliation is not a:

16 / 25

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

17 / 25

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

18 / 25

When bank statement shows a credit balance it means:

19 / 25

Gross profit equals:

20 / 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:

21 / 25

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

22 / 25

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

23 / 25

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

24 / 25

Bank reconciliation statement is:

25 / 25

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

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