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.
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 48
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. 48

1 / 25

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

2 / 25

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

3 / 25

The type of variance not computed for factory overhead is:

4 / 25

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

5 / 25

Standard cost are useful in all of the following except:

6 / 25

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

7 / 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:

8 / 25

Calendar variance is sub-variance of:

9 / 25

Which of the following variances is always favourable:

10 / 25

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

11 / 25

Which of the following is usually a long term budget?

12 / 25

Idle time a variance is a sub-variance of:

13 / 25

Total sales margin variance is the difference between:

14 / 25

One of the most important tools of cost planning is:

15 / 25

Overhead Budget Variance is a sub-variance of:

16 / 25

Overhead cost variance may be analysed into:

17 / 25

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

18 / 25

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

19 / 25

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

20 / 25

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

21 / 25

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

22 / 25

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

23 / 25

Material mix variance is a sub-variance of:

24 / 25

Which of the following variances is always adverse:

25 / 25

Standard costing can be used along with:

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