10000 MCQ /questions on commerce questions answers
Unit cost is another name for
R Ltd., is an Indian company whose entire control and management of its affairs is situated outside India. R Ltd., shall be
Resident in India
Non-resident in India
Not ordinarily resident in India
None of the above
Cost which is used to calculate weighted average cost of capital is classified as
weighted cost of capital
component cost of preferred stock
transaction cost of preferred stock
financing of preferred stock
Costs, which consist of interdepartmental cost allocations plus cost of support department are classified as
complete reciprocal costs
flexible operating costs
Variable cost per unit.....
varies when output varies
increase when output increases
decreases when output decreases
Assertion (A). Management of working capital refers to the management of current assets and current liabilities. Reason (R). But the major thrust of course is on the management of current assets because current liabilities arise in the context of current
Both (A) and (R) are correct.
(A) is correct and (R) is incorrect.
Both (A) and (R) are incorrect.
(A) is incorret, but (R) is correct.
Which of the following are international financial considerations faced by both small and large MNEs?
Passive factor of production is
Both Land & Capital
Neither Land nor Capital
Firm's promise to pay and is backed or guaranteed by bank is classified as
Classification of accounts is made in
Where the service of Notice or issuance of order is stayed by a court order, can the period of such stay be excluded in computing the period specified in sub-sections (2) and (10) of section 73 and section 74?
At proper officer's discretion
None of the above
Under which one of the following circumstances the Central Government is empowered to direct special audit of the companies?
Where any director has misappropriated the company's fund
Where a shareholder has complained to the Government about the non-payment of dividend
Where the company has continuously defaulted in the payment of interest to the debentureholders
Where the conduct of management is in the manner which is injurious to trade industry or business to which it pertains.
An overtime is considered in cost accounting as
both a and b
In process costing, a joint product is:
a product which is later divided into many parts
a product which is produced simultaneously with other products and is of similar value to at least one of the other products.
A product which is produced simultaneously with other products but which is of a greater value than any of the other products.
a product produced jointly with another organization
Graphical representation of cost driver data and costs is considered as
plotting cost drivers
plotting curved line
Too much import of Gold by India adversely affects:
- Trade Balance
- Current Account Balance
- Capital Account Balance
1 & 2
2 & 3
1, 2 & 3
1 & 3
'Swabhiman', the financial inclusion scheme, comes under the purview of which ministry?
Ministry of Commerce
Ministry of Home Affairs
Ministry of Finance
Ministry of External Affairs
The cost of perpetual debt after tax is calculated as
Which of the following is the test of the long term liquidity of a business?
Interest coverage ratio
Stock turnover ratio
Intimation to the Commissioner has to be given within.....
There are 20 questions to complete.