MCQ on COMMERCE

 

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Commerce MCQ questions

Question 1
Factory overhead can be charged on the basis of.....
A
material cost
B
labour cost
C
prime cost
D
direct expenses
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Question 2
Departmentalization of overhead is known as.....
A
primary distribution
B
secondary distribution
C
absorption
D
allocation
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Question 3
Which of these is not a Material control technique:
A
ABC Analysis
B
Fixation of raw material levels
C
Maintaining stores ledger
D
Control over slow moving and non moving items
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Question 4
When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A
RBI advances money to public whenever there is any emergency
B
Commercial banks give fund to the RBI
C
RBI advances necessary credit against eligible securities
D
All of the above
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Question 5
Which is the other name that is given to the average revenue curve?
A
Profit curve
B
Demand curve
C
Average cost curve
D
Indifference curve
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There are 5 questions to complete.

 

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