Lecturer Commerce Solved Past Paper MCQs Online Test No. 41

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.
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Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 41
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. 41

1 / 25

In base stock method of pricing the material issues, the term ' base stock ' represents the:

2 / 25

Which of the following is an accounting record?

3 / 25

When prices fluctuate widely, the method that will smooth out the effect of fluctuations is:

4 / 25

Direct material is a:

5 / 25

Time and motion study is conducted by the:

6 / 25

The storekeeper should initiate a purchase requisition when stock reaches:

7 / 25

In which of the following methods, issues of materials are priced at a pre- determined rate?

8 / 25

Continuous stock taking is a part of:

9 / 25

In which of the following methods, the charge to production is at actual cost?

10 / 25

Wages under Rowan and Halsey plans are exactly equal when time saves is:

11 / 25

Which of the following a group incentive plan?

12 / 25

When material prices fluctuate widely, the method of pricing that gives absurd results is:

13 / 25

When production is below standard specification or quality and cannot be rectified by incurring additional cost, it is called:

14 / 25

Under Emerson's Efficiency System, no bonus is payable when efficiency is upto:

15 / 25

When material prices are showing a rising trend, which method of pricing will show lower cost of production:

16 / 25

Under Gantt's Task and Bonus plan, no bonus is payable to a worker if his efficiency is less than:

17 / 25

Which of following is considered to be a normal loss of materials?

18 / 25

When prices are showing a falling tendency, which method of pricing of  material issues will show higher closing stock value:

19 / 25

In manufacturing industries, the most important element of cost is:

20 / 25

Wages sheet is prepared by:

21 / 25

Which of the following methods of wage payment is most suitable where quality and accuracy of work is of primary importance?

22 / 25

In periods of rising prices, which method of pricing shows higher stock values:

23 / 25

In which method, prices charged to production are at the current prices prevailing in the market:

24 / 25

In which of the following incentive plans of wages payment, wages on time basis are NOT guaranteed?

25 / 25

When standard outputs is 10 units per hour and actual output is 12 units per hour, the efficiency is:

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