Commerce online quiz 111

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Mobility of labour
A
Increases efficiency of labour
B
Spoils labour
C
Increases division of labour
D
a' and 'c' both
Question 2
The cost of capital method includes
A
dividend yield method
B
earning yield method
C
dividend yield + growth in dividend method
D
All of the above
Question 3
The library budget of a university is passed by the?
A
Senate
B
Executive Council
C
Academic Council
D
Research Council
Question 4
The Banking Ombudsman
A
is in charge of bank loan for buses,
B
fixes the rates of interest for loans
C
resolves complaints of customers
D
issues licences for new bank branches
Question 5
The computations in a computer are performed by.....
A
logical unit
B
memory unit
C
output unit
D
control unit
Question 6
The total variable cost..... in total proportion to output.
A
Increases
B
does not increase
C
decreases
D
none of these.
Question 7
A series of actions or operations that convert inputs into outputs is known as
A
information
B
data
C
processing
D
facts
Question 8
All of the following are the methods of inventory costing except
A
FIFO
B
LIFO
C
AVCO or average cost
D
Stock take
Question 9
Private Key cryptography is also known as..... cryptography.
A
Public key
B
Symmetric
C
Asymmetric
D
None
Question 10
The.....costing is applied when a quantity of similar and identical products are manufactured together as one Job.
A
Job
B
Batch
C
operation
D
output
Question 11
Consider the following statements: Planning involves
  1. Forecasting
  2. Choice among alternative courses of action.
  3. Wishful thinking
  4. Decision only by production manager
Of these statements:
A
1, 2, 3 and 4 are correct
B
1, 3 and 4 are correct
C
1 and 2 are correct
D
2 and 3 are correct
Question 12
Type of bonds that pays no coupon payment but provides little appreciation are classified as
A
depreciated bond
B
interest bond
C
zero coupon bond
D
appreciation bond
Question 13
Which among the following documents defines the relationship between a company and outsiders?
A
Memorandum of Association
B
Articles of Association
C
Prospectus
D
None of the above
Question 14
Document, which contains information about used material sequence, detail and quantity of raw material is classified as
A
bill of materials
B
bill of sequence
C
bill of detail
D
bill of raw materials
Question 15
Which of the following statements are true?
  1. Unclaimed dividend is an asset of a company.
  2. Dividend declared between two annual general meetings is called final dividend.
  3. A company can distribute interim div
A
(2) and (3)
B
(1), (2) and (3)
C
(1) and (3)
D
(1) and (2)
Question 16
Future value of interest if it is calculated once a year is classified as
A
One time compounding
B
annual compounding
C
semi-annual compounding
D
monthly compounding
Question 17
If an unexplained variation is 350050 and total variation is 700505, then coefficient of determination would be
A
3
B
0.5003
C
0.7003
D
2
Question 18
In case of minor acting as a partner, his personal properties are.....
A
Liable for the debts of the firm
B
Not liable for the debts of the firm
C
Partly liable for the debts of the firm
D
Only debts of the firm
Question 19
One of the major disadvantages of the Matrix form of organization structure is that-
A
it does not pinpoint product profit responsibility
B
it is not oriented towards results
C
there is possibility of disunity of command
D
it generates rivalry between line and staff members
Question 20
Does Prudence concept allow a business to build substantially higher reserves or rovisons than that are actually required?
A
Yes
B
No
C
To some extent
D
It depends on the type of business
There are 20 questions to complete.

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