PPSC FPSC KKPSC BPSC SPSC NTS Lecturer Commerce Test No. 13

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.
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.

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Test Instructions:-
Test NameLecturer Commerce
SubjectCommerce Test 13
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. 13

1 / 25

Pre-incorporation profit is to be credited to:

2 / 25

Statutory report is necessary in the case of:

3 / 25

Error due to wrong allocation as expenditure between capital and revenue is regarded as:

4 / 25

Advance payment of tax is in the nature of:

5 / 25

In general terms, financial assets appear in the Balance Sheet on:

6 / 25

The excess of purchase price over the net assets is:

7 / 25

The capital receipts are shown in the balance sheet on the:

8 / 25

Dividends are usually paid on:

9 / 25

Subscriptions received in advance is:

10 / 25

The auditors are appointed by the following authorities:

11 / 25

Which of the following is least important as a measure of short -term liquidity.

12 / 25

Premium on issue of shares can be used for:

13 / 25

A working paper which is prepared by the accountant for his own convenience is called:

14 / 25

In general, the accounts in the Incomes Statement are known as:

15 / 25

Interim audit is conducted for examining the account for:

16 / 25

External users of financial accounting information include which of the following except.

17 / 25

The auditor is required to report that Financial Statements are:

18 / 25

Evaluative - positive or negative- concerning people, objects, or events are called:

19 / 25

Heavy expenditure on advertisement of a new product is a:

20 / 25

A fixed budget is:

21 / 25

Amount set apart to meet losses to bad debt is a:

22 / 25

At the time of admission of a new partner good will raised should be written off in:

23 / 25

Any expenditure incurred to  increase the profit earning capacity of the concern is a:

24 / 25

Depreciation on fixed assets is an example of:

25 / 25

Payment should be made preferably through:

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