Commerce online quiz 106

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Unit cost is another name for
A
MC
B
AVC
C
ATC
D
AFC
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
R Ltd., is an Indian company whose entire control and management of its affairs is situated outside India. R Ltd., shall be
A
Resident in India
B
Non-resident in India
C
Not ordinarily resident in India
D
None of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost which is used to calculate weighted average cost of capital is classified as
A
weighted cost of capital
B
component cost of preferred stock
C
transaction cost of preferred stock
D
financing of preferred stock
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Costs, which consist of interdepartmental cost allocations plus cost of support department are classified as
A
complete reciprocal costs
B
artificial costs
C
operating costs
D
flexible operating costs
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Variable cost per unit.....
A
varies when output varies
B
remains constant
C
increase when output increases
D
decreases when output decreases
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
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
A
Both (A) and (R) are correct.
B
(A) is correct and (R) is incorrect.
C
Both (A) and (R) are incorrect.
D
(A) is incorret, but (R) is correct.
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following are international financial considerations faced by both small and large MNEs?
A
Currency systems
B
Tax systems
C
Interest rates
D
Exchange rate
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Passive factor of production is
A
Only Land
B
Only Capital
C
Both Land & Capital
D
Neither Land nor Capital
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Firm's promise to pay and is backed or guaranteed by bank is classified as
A
customer's acceptance
B
banker's acceptance
C
federal acceptance
D
treasury acceptance
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Classification of accounts is made in
A
Journal
B
Ledger
C
Subsidiary book
D
Balance Sheet.
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
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?
A
Yes
B
No
C
At proper officer's discretion
D
None of the above
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under which one of the following circumstances the Central Government is empowered to direct special audit of the companies?
A
Where any director has misappropriated the company's fund
B
Where a shareholder has complained to the Government about the non-payment of dividend
C
Where the company has continuously defaulted in the payment of interest to the debentureholders
D
Where the conduct of management is in the manner which is injurious to trade industry or business to which it pertains.
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An overtime is considered in cost accounting as
A
indirect costs
B
overhead costs
C
premium costs
D
both a and b
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In process costing, a joint product is:
A
a product which is later divided into many parts
B
a product which is produced simultaneously with other products and is of similar value to at least one of the other products.
C
A product which is produced simultaneously with other products but which is of a greater value than any of the other products.
D
a product produced jointly with another organization
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Graphical representation of cost driver data and costs is considered as
A
plotting data
B
plotting costs
C
plotting cost drivers
D
plotting curved line
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Too much import of Gold by India adversely affects:
  1. Trade Balance
  2. Current Account Balance
  3. Capital Account Balance
Choose the correct option from the codes given below:
A
1 & 2
B
2 & 3
C
1, 2 & 3
D
1 & 3
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
'Swabhiman', the financial inclusion scheme, comes under the purview of which ministry?
A
Ministry of Commerce
B
Ministry of Home Affairs
C
Ministry of Finance
D
Ministry of External Affairs
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The cost of perpetual debt after tax is calculated as
A
correctchoice
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is the test of the long term liquidity of a business?
A
Interest coverage ratio
B
Stock turnover ratio
C
Operating ratio
D
Current ratio
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Intimation to the Commissioner has to be given within.....
A
1 month
B
60 days
C
90 days
D
45 days
There are 20 questions to complete.

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