Lecturer Commerce Most Important MCQs Online Test No. 48

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.
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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 48
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 48

1 / 25

Overhead Budget Variance is a sub-variance of:

2 / 25

A budget that gives a summary of all the functional budgets and projected profit and loss account is known as:

3 / 25

The cost of a product as determined under standard cost system is:

4 / 25

Calendar variance is sub-variance of:

5 / 25

Which of the following standards can be attained under the most favourable conditions possible?

6 / 25

Material mix variance is a sub-variance of:

7 / 25

Idle time a variance is a sub-variance of:

8 / 25

The fixed variable cost classification has a special significance in the preparation of:

9 / 25

Which of the following variances is always adverse:

10 / 25

A budget representing fixed assets expenditure during the budget period is:

11 / 25

A ............ is a prediction of what will happen as a result of a given set of circumstances.

12 / 25

Total sales margin variance is the difference between:

13 / 25

If a company wishes to establish a factory overhead budget system in which estimated costs can be derived directly from estimates of activity levels, it should prepare a:

14 / 25

Overhead cost variance may be analysed into:

15 / 25

A budget which lays more stress on control aspect is a:

16 / 25

The budget that is set first and all the other budgets are subordinate to it is:

17 / 25

Which of the following variances is always favourable:

18 / 25

Standard costing can be used along with:

19 / 25

Which of the following is usually a long term budget?

20 / 25

The type of standard that is best suited from cost control point of view is:

21 / 25

A ......... is a planned result that an enterprise aims to attain.

22 / 25

Standard cost are useful in all of the following except:

23 / 25

The type of variance not computed for factory overhead is:

24 / 25

One of the most important tools of cost planning is:

25 / 25

In evaluation deviations of actual from standard cost, the probable technique used is:

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