Commerce online quiz 10

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Interest on Capital is..... for the business
A
Revenue
B
Expense
C
Gain
D
None of the above
Question 2
The permissible time period to correct any error apparent on the face of record in the order of the settlement commission will be?
A
3 months
B
6 months
C
12 months
D
No such time limit
Question 3
When can an Annual General Meeting be called after giving shorter notice than that specified?
A
If consent is accorded to by all the members entitled to vote
B
If consent is accorded to by 30% of the members entitled to vote
C
If Board of Directors takes a majority decision in this regard
D
If the company secretary so wishes
Question 4
Constant growth model would not be used in condition if growth rate is
A
greater than dividend paid
B
equal to realized rate of return
C
less than realized rate of return
D
greater than realized rate of return
Question 5
The combination of technical and legal means for protecting digital content from unlimited reproduction without permission is known as.....
A
Digital rights management
B
Digital protection schemes
C
Digital distribution regulation
D
Digital rights protection
Question 6
The supply of a good refers to
A
Stock available for sale
B
Total stock in the warehouse
C
Actual production of the good
D
Quantity of the good offered for sale at a particular price per unit of time
Question 7
An approach in which company under-costs it's one product and over-costs at least one product is classified as
A
service-cost across subsidizing
B
product-price cross subsidizing
C
product-cost cross subsidizing
D
product cross subsidizing
Question 8
Process of selling company stock at large to general public and get lending from banks is classified as an
A
initial public offering
B
external public offering
C
internal public offering
D
unprofessional offering
Question 9
Type of financial security in which loans are secured by borrower's property is classified as
A
municipal bonds
B
corporate bonds
C
U.S treasury bonds
D
mortgages
Question 10
According to which of the following accounting concept even the proprietor of business treated as a creditor of the business to the extent of his capital
A
money measurement concept
B
dual entry concept
C
going concern concept
D
separate entity concept.
Question 11
In expected rate of return for constant growth, capital gains is divided by beginning price to calculate
A
yield of loan return
B
yield of mortgage return
C
yield of capital gains
D
yield of fixed cost
Question 12
If coupon rate is more than going rate of interest then bond will be sold
A
more than its par value
B
seasoned par value
C
at par value
D
below its par value
Question 13
ABC analysis is.....
A
At Best Control
B
Always Better Control
C
Average better Control
D
All best control
Question 14
Cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with help of
A
production driver
B
cost driver
C
price driver
D
estimation driver
Question 15
Which of the following is the most important document of the company?
A
Memorandum of association
B
Articles of association
C
Annual report
D
Prospectus
Question 16
EXIM bank can be described as a:
A
non-banking financial company
B
commercial bank
C
non-banking non financial company
D
scheduled bank
Question 17
What is the normal volume of Pre-Deposit condition for filing a first Appeal or Appeal before the Tribunal?
A
Full remittance of admitted Dues along with 10% of the balance amount in disputes.
B
Full remittance of admitted Dues along with 25% of the balance amount in disputes.
C
Full remittance of admitted Dues along with 33.33% of the balance amount in disputes.
D
Full remittance of admitted Dues along with 50% of the balance amount in disputes.
Question 18
Which of the following is the external user of financial statements?
A
Manager of the business
B
CEO of the business
C
Creditor of the business
D
Controller of the business
Question 19
Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti-money laundering measures. The purpose of reporting is:
A
Combating finance of terrorism & to check hawala transactions
B
To check the inflow of crime money
C
To check inflow of the money earned out of sale of narcotics
D
All the above
Question 20
If risk can be eliminated with help of diversification, then relevant risk is
A
smaller than stand-alone risk
B
larger than stand-alone risk
C
smaller than diverse risk
D
larger than diverse risk
There are 20 questions to complete.

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