Lecturer Commerce Solved Past Paper MCQs Online Test No. 39

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 39
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. 39

1 / 25

Double sided error is one which exists simultaneously in:

2 / 25

When the mistakes are discovered subsequently, they are rectified through the:

3 / 25

An example of variable cost is:

4 / 25

An overstatement of work- in- progress at the end of a period will:

5 / 25

An account in which, are entered transactions, which cannot be placed to their proper accounts for want of sufficient information is called:

6 / 25

A purchases returns of Rs.600 to P if entered in the sales book would affect:

7 / 25

An example of fixed cost is:

8 / 25

The main purpose of cost accounting is to:

9 / 25

Minority interest account in the books of Holding company is a liability account.

10 / 25

The purpose of cost accounting is to provide information for:

11 / 25

One of the most important tools in cost planning is:

12 / 25

Revenue reserves of a company would increase if the company.

13 / 25

The three major elements of product costs are all but:

14 / 25

In a limited liability company, the net profit or loss of the company is transferred to:

15 / 25

Short debit to an account increases the credit side of the:

16 / 25

Sometimes a trial balance may not agree under such circumstances, the difference may be placed to a:

17 / 25

Under or over casting of a subsidiary book is an example of error of:

18 / 25

Under which of the following style of business, retained earning account is maintained.

19 / 25

Errors of carry forward effect:

20 / 25

Multiple costing method is used in:

21 / 25

Cost accounting concepts include all of the following except:

22 / 25

Increase in total variable cost is due to:

23 / 25

Variable cost per unit:

24 / 25

Which of the following is not a part of shareholder's equity of limited liability company.

25 / 25

Errors which affect profit and loss relate to:

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