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

Acid Test Ratio is calculated as under:

2 / 25

Preparation of final financial reports is governed in Pakistan under:

3 / 25

Process Cost is very much applicable in:

4 / 25

Preparation of annual report of a firm is governed under:

5 / 25

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

6 / 25

Which of the following statements is incorrect?

7 / 25

Expenditure incurred in procuring machinery is:

8 / 25

Prime cost is calculated as under:

9 / 25

Current maturity of long term loan is:

10 / 25

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

11 / 25

Increase in income constitutes:

12 / 25

Depreciation is based on:

13 / 25

Random sampling in auditing means:

14 / 25

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

15 / 25

Acid test is the same as:

16 / 25

There is a difference between:

17 / 25

Audit and special audit are the same:

18 / 25

An endowment insurance policy can be taken in respect of:

19 / 25

Deferred Taxation amount be treated as:

20 / 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

21 / 25

Return of Equity will be calculated as under:

22 / 25

Deferred Revenue is:

23 / 25

Inventory turnover is calculated as under:

24 / 25

M & A stands for:

25 / 25

Which of the following statement is true?

Your score is

The average score is 56%

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