Lecturer Commerce Solved Past Paper MCQs Online Test No. 33

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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.

Please Click Below START  Button to Take this Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 33
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 33

1 / 25

The unsold stock at the end of the year represents the:

2 / 25

Wages and salaries are debited to:

3 / 25

Rent due but not paid is to be:

4 / 25

From the business point of view, interest on drawings is:

5 / 25

Gross loss is debited to:

6 / 25

Every business concern ascertains profit or loss of the business at the end of the year through:

7 / 25

Closing stock is credited to:

8 / 25

Gross profit + Stock in the beginning + purchases+ Direct expenses - Stock at the end=?

9 / 25

Discount to be received is:

10 / 25

The mixed method is adopted by:

11 / 25

A prepaid expense is:

12 / 25

Commission received in advance is to consider as:

13 / 25

Expenses paid in advance before they have fallen due are called:

14 / 25

The gradual and permanent decrease in the value of an asset from any cause; is know as:

15 / 25

Interest due but not received is:

16 / 25

From the business point of view, interest on capital is regarded as:

17 / 25

Unpaid salaries are to be consider as:

18 / 25

Payment for the purchase is machinery I is termed as:

19 / 25

The outstanding income or accrued income will appears in the balance sheet as:

20 / 25

Insurance premium paid in advance is:

21 / 25

Income received in advance but not earned is called:

22 / 25

Permanency preference method is adopted by:

23 / 25

All expenses connected with the office and its conduct are called:

24 / 25

The credit balance of the income received in advance will be shown on the balance sheet as:

25 / 25

Gross profit is credited to:

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