PPSC Lecturer Commerce Test 8 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 NameLecturer Commerce 
SubjectCommerce Test 8
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.

PPSC Lecturer Commerce Test 8

1 / 25

Preparation of final financial reports is governed in Pakistan under:

2 / 25

Maximum number of partners in a partnership firm set up in Pakistan under Partnership Act, 1932 is:

3 / 25

Current maturity of long term loan is:

4 / 25

M & A stands for:

5 / 25

Audit and special audit are the same:

6 / 25

Which of the following statement/s are true?
(i) Accounting can be described as the recording, classifying and summarizing of transactions
(ii) End result of financial accounting is balance sheet only

7 / 25

Expenditure incurred in procuring machinery is:

8 / 25

There is a difference between:

9 / 25

Random sampling in auditing means:

10 / 25

The latest computation of variances of manufacturing overheads is in one the following ways:

11 / 25

An endowment insurance policy can be taken in respect of:

12 / 25

Which of the following statement is true about purpose of accounting:

13 / 25

Prime cost is calculated as under:

14 / 25

Depreciation is based on:

15 / 25

Which of the following statements is incorrect?

16 / 25

Inventory turnover is calculated as under:

17 / 25

Preparation of annual report of a firm is governed under:

18 / 25

Deferred Revenue is:

19 / 25

Increase in income constitutes:

20 / 25

Acid test is the same as:

21 / 25

Acid Test Ratio is calculated as under:

22 / 25

Which of the following statement is true?

23 / 25

Process Cost is very much applicable in:

24 / 25

Deferred Taxation amount be treated as:

25 / 25

Return of Equity will be calculated as under:

Your score is

The average score is 4%


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