PPSC Lecturer Commerce Test 8 Online Preparation MCQs

Lecturer Commerce / , , , , , , , , , , , , ,

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.

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 Name Lecturer Commerce 
Subject Commerce Test 8
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.

PPSC Lecturer Commerce Test 8

1 / 25

Audit and special audit are the same:

2 / 25

Preparation of annual report of a firm is governed under:

3 / 25

Preparation of final financial reports is governed in Pakistan under:

4 / 25

Inventory turnover is calculated as under:

5 / 25

Prime cost is calculated as under:

6 / 25

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

7 / 25

An endowment insurance policy can be taken in respect of:

8 / 25

Return of Equity will be calculated as under:

9 / 25

Acid test is the same as:

10 / 25

Expenditure incurred in procuring machinery is:

11 / 25

Acid Test Ratio is calculated as under:

12 / 25

Increase in income constitutes:

13 / 25

Which of the following statement is true?

14 / 25

M & A stands for:

15 / 25

Process Cost is very much applicable in:

16 / 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

17 / 25

Which of the following statements is incorrect?

18 / 25

Deferred Taxation amount be treated as:

19 / 25

Deferred Revenue is:

20 / 25

Depreciation is based on:

21 / 25

There is a difference between:

22 / 25

Current maturity of long term loan is:

23 / 25

Random sampling in auditing means:

24 / 25

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

25 / 25

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

Your score is

The average score is 56%

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