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.


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 47
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. 47

1 / 25

Trimmings in timber in industry should be treated as a:

2 / 25

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

3 / 25

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

4 / 25

Integral accounts eliminate the necessity of operating:

5 / 25

Joint product manufacturing is fundamental in:

6 / 25

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

7 / 25

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

8 / 25

Direct cost Chargeable to contract does not include:

9 / 25

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

10 / 25

The term Economic Batch Quantity is used in relation to:

11 / 25

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

12 / 25

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

13 / 25

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

14 / 25

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

15 / 25

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

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

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

18 / 25

In contract costing, contract account is prepared by the:

19 / 25

Which of the following items is included in cost accounts?

20 / 25

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

21 / 25

Cost and financial accounts are reconciled under:

22 / 25

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

23 / 25

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

24 / 25

Which of the following are virtually always subsequent costs:

25 / 25

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

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