Lecturer Commerce Solved Past Paper MCQs Online Test No. 36

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 36
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. 36

1 / 25

Depreciation on fixed assets is an example of:

2 / 25

Expenditure incurred in acquiring the patents right for the business is an example of:

3 / 25

Preliminary expenses are:

4 / 25

An expenditure incurred in increasing the efficiency of a fixed asset is called:

5 / 25

Rs.5000 spent on the replacement of worn out parts of the machinery is charged to:

6 / 25

Receipt on account of fixed asset is a:

7 / 25

A sum of Rs.2000 paid as wages to repair office furniture should be debited to:

8 / 25

Expenses incurred in manufacturing products is a:

9 / 25

All revenue expenditure and receipts are taken to:

10 / 25

Cartage paid on the new machine is:

11 / 25

Some revenue nature expenditures are directly connected with fixed assets and are fully added to the cost of assets are:

12 / 25

Cost of goods purchased for resale is an example:

13 / 25

The cost of furniture purchased for sale is:

14 / 25

Any expenditure incurred in achieving operating economy is known as:

15 / 25

Distinction between capital and revenue items is important for the preparation of:

16 / 25

Discount allowed on issue of shares is an example of:

17 / 25

Freight paid on a new machine will be debited to:

18 / 25

Which on of the following is not appear in the balance sheet:

19 / 25

Heavy expenditure on advertisement of a new product is a:

20 / 25

The capitalized expenditures are shown is:

21 / 25

A receipt is capital in nature, when:

22 / 25

Receipts which are non-recurring by nature and whose benefit is enjoyed over a long period are called:

23 / 25

Any expenditure incurred in acquiring the right to carry on a business is:

24 / 25

Receipt which are recurring by nature and which are available for meeting all day to day expenses of a business concern are known as:

25 / 25

Rs.3000 spent on the repairs before using the second hand machinery purchase recently is a:

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