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.

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.
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Test Instructions:-
Test Name Lecturer Commerce 
Subject Commerce Test 3
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 of Commerce Practice Test 3

1 / 25

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

2 / 25

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

3 / 25

Which of the following statements is false?

4 / 25

Break even can be calculated as under:

5 / 25

Which of the following business entity is known as firm?

6 / 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?

7 / 25

All of following are Assets except:

8 / 25

Quick Ratio can be computed as under:

9 / 25

Sales budget must be prepared:

10 / 25

Balance Sheet is always prepared:

11 / 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:

12 / 25

Funds Flow Statement and sources and application statement are:

13 / 25

Prospectus for shares can be issued by:

14 / 25

Which of these characteristics does not apply to partnership?

15 / 25

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

16 / 25

Which of the following groups use financial accounting?

17 / 25

A large organization with separate legal status is known as:

18 / 25

Depreciation in spirit is similar to:

19 / 25

Flexible budget is a budget with the following features:

20 / 25

The output of financial accounting is:

21 / 25

External Reporting is the Result of:

22 / 25

Double entry book-keeping was fathered by:

23 / 25

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

24 / 25

Special purpose financial statements are prepared by:

25 / 25

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

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