FPSC PPSC KKPSC BPSC SPSC Lecturer Commerce Test No. 30

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 30
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. 30

1 / 25

The nominal accounts are transferred to the:

2 / 25

Balance sheet reveals the financial position of a concern on a particular date at a point of time,so it is also called:

3 / 25

The excess of gross profit on sales over total operating, expenses is called:

4 / 25

Assets which have long life and which are bought for use for a long period of time are called:

5 / 25

If the gross profit is Rs. 5000 and the net profit is 25% of the gross profit. The expenses must be:

6 / 25

All the things and properties under the ownership of the business is called:

7 / 25

The real or personal accounts goes to the:

8 / 25

An amount paid to a person for exploiting rights possessed by him, is called as:

9 / 25

Dock charges is a:

10 / 25

Assets which have some market value are called:

11 / 25

All the direct expenses debited to the:

12 / 25

The account which is prepared for determining net- profit or net- loss:

13 / 25

A man buys Rs. 40,000 worth of goods and sells them for Rs. 50,000. His gross profit is:

14 / 25

Assets which have physical existence and which can be seen, touched and felt are called:

15 / 25

Assets which have no physical existence and which cannot be seen, touched are:

16 / 25

The dues imposed on ships and their cargoes when they are unloaded on the part are called:

17 / 25

All the direct expenses are charged to:

18 / 25

The account which is prepared for determining gross profit or gross loss of a business concern, is called:

19 / 25

The excess of the net income from sales over the cost of goods sold is called:

20 / 25

Net. Sales. Equals, sales minus:

21 / 25

Our dues to others or anything against which we are to pay money or render service, is known as:

22 / 25

All duties on goods purchased should be debited to:

23 / 25

The order in which assets and liabilities are stated on the balance sheet is termed as:

24 / 25

An operating statement is similar to a:

25 / 25

All the indirect expenses debited to the:

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