PPSC Lecturer Commerce Test 1 Online Preparation MCQs

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Commerce. All the individuals who are going to appear in PPSC Lecturer of Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Commerce, all Past Papers of Lecturer of Commerce PPSC  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 Lecturer Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce 
Subject Commerce Test 1
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

PPSC Lecturer of Commerce Practice Test 1

1 / 25

Investment Corporation of Pakistan follows:

2 / 25

Fixed Cost:

3 / 25

Balance Sheet is always prepared:

4 / 25

NGOs are legally required to:

5 / 25

Retained earning is synonymous to:

6 / 25

Conversion cost is:

7 / 25

Operating Profit is:

8 / 25

Double entry book-keeping was fathered by:

9 / 25

Consolidation of subsidiary accounts in the balance sheet of a unlisted Holding company is at present in Pakistan:

10 / 25

Funds Flow Statement and sources and application statement are:

11 / 25

Partners in Pakistan can today be fixed at the following numbers:

12 / 25

Directors Report is .....................in respect of financial report constituent:

13 / 25

Process Costing is relevant to:

14 / 25

The requirements of an audit report for a Banking Company in Pakistan is under:

15 / 25

A good Cost Accounting System is:

16 / 25

Verification includes:

17 / 25

In Insurance, the following Profit and Loss Accounts are prepared:

18 / 25

Quick Ratio can be computed as under:

19 / 25

Every limited Company in Pakistan is required by law to include the following along with financial reports:

20 / 25

Deferred Taxation is:

21 / 25

Sales budget must be prepared:

22 / 25

In straight line method of depreciation, the written down value of a fixed asset will be at the end of the life of the asset as under:

23 / 25

Flexible budget is a budget with the following features:

24 / 25

Depreciation in spirit is similar to:

25 / 25

Cash budget excludes the following:

Your score is

The average score is 43%


3 thoughts on “PPSC Lecturer Commerce Test 1 Online Preparation MCQs”

  1. question #16 is incorrect,
    Conversion costs include direct labor and overhead expenses incurred due to the transformation of raw materials into finished products

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