Lecturer Commerce Solved Past Paper MCQs Online Test No. 42

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Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 42
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.


Lecturer Commerce Online Test No. 42

1 / 25

Director's remuneration and expenses form a part of:

2 / 25

The capacity which is based on the long term average of the sales expectancy level is known as:

3 / 25

Job costing is used in:

4 / 25

The least suitable basis for applying overhead is :

5 / 25

Packing cost is a:

6 / 25

General overhead should be apportioned to various departments on the basis of:

7 / 25

Maximum possible productive capacity of a plant, when no operating time is lost, is its:

8 / 25

The most suitable cost system where the products differ in type of materials used and work performed is:

9 / 25

Contract price is not fixed in case of:

10 / 25

In shoe manufacture, the most suitable cost system is:

11 / 25

When the factory overhead control account has a closing debit balance, factory overhead was:

12 / 25

The allotment of whole items of cost to cost centres or cost units is called:

13 / 25

Warehouse expenses is an example of:

14 / 25

Which of the following is a service department?

15 / 25

In a job cost system, costs are accumulated:

16 / 25

Selling and distribution overheads are absorbed on the basis of:

17 / 25

Bad debt is an example of:

18 / 25

Salary of a foreman should be classified as a:

19 / 25

Most of the expenses are direct in :

20 / 25

Number of workers employed is used as a basis for the apportionment of:

21 / 25

Factory overhead should be absorbed on the basis of:

22 / 25

Charging to a cost centre those overhead that result Solely from the existence of that cost centre is known as:

23 / 25

Which of the following is a scientific and accurate method of absorption of factory overheads:

24 / 25

Administration overheads are recovered as a percentage of:

25 / 25

What is the basis for distribution of indirect material cost to various departments?

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