Lecturer Commerce Most Important MCQs Online Test No. 47

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.

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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 47
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.


Lecturer Commerce Online Test No. 47

1 / 25

The type of process loss that should not affect the cost of inventories is:

2 / 25

Credit is given to the process account at a pre-determined value of the by product under the:

3 / 25

When units are lost at the end of the production process, the cost is charged to:

4 / 25

Joint product manufacturing is fundamental in:

5 / 25

A product which has practically no sales or utility value is:

6 / 25

Individual products, each of a significant sales value, produced simultaneously from the same raw material, should be known as:

7 / 25

Which of the following accounts make the cost ledger self-balancing?

8 / 25

The term Economic Batch Quantity is used in relation to:

9 / 25

In contract costing, contract account is prepared by the:

10 / 25

Economic batch quantity is that size of the batch of production where:

11 / 25

An under-statement of ending work- in- process inventory will:

12 / 25

Direct cost Chargeable to contract does not include:

13 / 25

Trimmings in timber in industry should be treated as a:

14 / 25

Integral accounts eliminate the necessity of operating:

15 / 25

'Cost per unit is the average cost' is applicable in:

16 / 25

When costing profit is Rs. 12,500 and a charge in lieu of rent is Rs.1,000, the financial profit should be:

17 / 25

Which of the following items is not included in financial books?

18 / 25

Cost and financial accounts are reconciled under:

19 / 25

Classification and accumulation of costs by fixed and variable costs is of special importance in:

20 / 25

Which of the following are virtually always subsequent costs:

21 / 25

Cost plus contract is useful from the point of view of:

22 / 25

A bakery produces cakes, biscuits and bread. These products should be treated as:

23 / 25

Which of the following items is not included in cost accounts?

24 / 25

An over- statement of beginning work-in-progress inventory will:

25 / 25

Which of the following items is included in cost accounts?

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