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.

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.
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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 39
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.


Lecturer Commerce Online Test No. 39

1 / 25

The main purpose of cost accounting is to:

2 / 25

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

3 / 25

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

4 / 25

Revenue reserves of a company would increase if the company.

5 / 25

The three major elements of product costs are all but:

6 / 25

An example of variable cost is:

7 / 25

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

8 / 25

Variable cost per unit:

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

The purpose of cost accounting is to provide information for:

13 / 25

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

14 / 25

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

15 / 25

Errors which affect profit and loss relate to:

16 / 25

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

17 / 25

Multiple costing method is used in:

18 / 25

Cost accounting concepts include all of the following except:

19 / 25

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

20 / 25

An example of fixed cost is:

21 / 25

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

22 / 25

Errors of carry forward effect:

23 / 25

One of the most important tools in cost planning is:

24 / 25

Double sided error is one which exists simultaneously in:

25 / 25

Increase in total variable cost is due to:

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