Commerce online quiz 112

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which of the following companies may issue share warrants?
A
Companies limited by guarantee
B
Private limited companies
C
Public limited companies
D
Trust
Question 2
Vouching relates to-
A
Cash receipts
B
Cash payments
C
Credit transactions
D
All of these
Question 3
Advance Income-tax is shown in the.....
A
Debit side of Profit and Loss Account
B
Liability side of the Balance Sheet
C
Credit side of Profit and Loss Account
D
Assets side of the Balance Sheet
Question 4
In options pricing, an exercise price rises from lower to higher which leads to
A
volatile options
B
option value increases
C
option value decreases
D
option value stable
Question 5
GST threshold limit of North Eastern States is..... lakhs
A
5
B
10
C
12
D
15 E. 20
Question 6
According to capital asset pricing model assumptions, variances, expected returns and covariance of all assets are
A
identical
B
not identical
C
fixed
D
variable
Question 7
Present value of future cash flows is divided by an initial cost of project to calculate
A
negative index
B
exchange index
C
project index
D
profitability index
Question 8
Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said c
A
1 year from the date of invoice
B
3 year from the date of invoice
C
5 year from the date of invoice
D
None of the above
Question 9
Larger number of manager subordinates and higher level manager are termed as
A
activity subordinates
B
broader responsibility center
C
broader subordinates
D
activity ordinates
Question 10
Cost Accountancy is the science, art and.....of a cost accountant.
A
Practice
B
exercise
C
hard work
D
effort
Question 11
Beta reflects stock risk for investors which is usually
A
individual
B
collective
C
weighted
D
linear
Question 12
Depreciable amount + Residual value of a fixed asset =?
A
Depreciation expenses
B
Accumulated depreciation
C
Cost of the fixed asset
D
Future economic benefits of a fixed asset
Question 13
A and B were partners in a business and were sharing profit and loss in the ratio of 3: 2. They admitted C as a partner for 15 th share. The new profit sharing ratio shall be-
A
3: 2: 1
B
6: 4: 1
C
12: 8: 5
D
12: 6: 2
Question 14
The growth in book value per share shows the.....
A
rise in share price
B
increase in physical asset of the firm
C
increase in net worth
D
growth in reserves
Question 15
..... is a substitute for a companys signature.
A
Director signature
B
Manager Signature
C
Common Seal
D
Managing Director Signature
Question 16
Overhead refers to:
A
Direct or Prime Cost
B
All Indirect costs
C
only Factory indirect costs
D
Only indirect expenses
Question 17
Market required return is subtracted from risk free rate which is used to calculate
A
quoted risk premium
B
market risk premium
C
portfolio risk premium
D
unquoted risk premium
Question 18
The present World Economic Depression first of all, started from which country?
A
U.S.A.
B
U.K.
C
France
D
India
Question 19
When total utility is maximum, then marginal utility is
A
Zero
B
Less than average utility
C
Equal to average utility
D
More than average utility
Question 20
In automobile, .....costing is used
A
Process
B
batch
C
job
D
multiple
There are 20 questions to complete.

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