PPSC Lecturer Commerce Test 3 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 3
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 3

1 / 25

Which of the following business entity is known as firm?

2 / 25

A large organization with separate legal status is known as:

3 / 25

Double entry book-keeping was fathered by:

4 / 25

Sales budget must be prepared:

5 / 25

Which of the following groups use financial accounting?

6 / 25

Which One of the following is an example of Intangible asset?

7 / 25

External Reporting is the Result of:

8 / 25

The personnel, procedure, devices and records used by an organization to develop accounting information and communicate that information to decision maker are called which of the following?

9 / 25

Which of these characteristics does not apply to partnership?

10 / 25

Quick Ratio can be computed as under:

11 / 25

Flexible budget is a budget with the following features:

12 / 25

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

13 / 25

The output of financial accounting is:

14 / 25

Depreciation in spirit is similar to:

15 / 25

Which of the following statements is false?

16 / 25

All of following are Assets except:

17 / 25

Special purpose financial statements are prepared by:

18 / 25

Prospectus for shares can be issued by:

19 / 25

Preparation of companies’ financial reports is governed in Pakistan under:

20 / 25

Funds Flow Statement and sources and application statement are:

21 / 25

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

22 / 25

All economics costs that a business incur through its operation to earn revenues?

23 / 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:

24 / 25

Break even can be calculated as under:

25 / 25

Balance Sheet is always prepared:

Your score is

The average score is 63%


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

  1. there are some wrong answers given in result of every test given here please check them also. This is very unfair for students who do not want to waste even 1 mark in test.

  2. Salam
    You question ” which of the following are assets except”
    Unearned income
    Prepaid rent
    b & c
    Here ur system showing wrong answer
    First goods nd prepaid rent both are current assets while unearned income is deferred revenue
    Pls correct it

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