Commerce online quiz 116

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Brain storming is used by the management for:
A
work allocation on the shop floor
B
generating alternative for problem solving
C
the promotion of research and development
D
training employees
Question 2
In dependent variable cost pool, relationship between individual cost items and cost drivers can be classified as
A
no homogeneous relationship
B
homogeneous relationship
C
heterogeneous relationship
D
an extreme relationship
Question 3
Salary paid to general manager is an item of expenses.
A
Fixed
B
Variable
C
semi-variable
D
estimated
Question 4
The following is (are) the type(s) of Journal
A
Purchase Journal
B
Sales Journal
C
Cash Journal
D
All of the above
Question 5
Value maximization theory fails to address the problem of
A
self-serving management.
B
risk
C
uncertainty
D
sluggish growth.
Question 6
The TDS Remittance of the Deductor will be shown in the:
A
Electronic ITC Ledger of the Deductor
B
Electronic ITC Ledger of the Deductee
C
Electronic Cash Ledger of the Deductor
D
Electronic Cash Ledger of the Deductee
Question 7
Demand for a commodity refers to a
A
Desire for the commodity
B
Need for the commodity
C
Quantity demanded of that commodity
D
Quantity of the commodity demanded at a certain price during any particular period of time
Question 8
Who is the fiscal agent and advisor to government in monetary and financial matters in India?
A
SBI
B
IDBI
C
ICICI
D
RBI
Question 9
The standard size of an accession register is?
A
15'' x 13''
B
16 x 13''
C
12'' x 5''
D
5'' x 3''
Question 10
Specific price method of valuing material issue is used when.
A
Materials are purchased for specific job or work order
B
materials are subject to natural wastage
C
prices fluctuate
D
none of these
Question 11
Indian Micro Finance Institutes (MFI) usually adopt the group-based lending models, which are of two types. SHG model and JLG model. SHG means Self Help Group and JLG means?
A
Joint Liability Game
B
Josh Liability Group
C
Joint Loan Group
D
Joint Liability Group
Question 12
Budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by
A
budgeted direct cost rate
B
budgeted indirect cost rate
C
expected indirect cost rate
D
direct budget percentage
Question 13
The process of entering all transactions from the Journal to Ledger is called
A
Posting
B
Entry
C
Accounting
D
None of the above
Question 14
Decision-making is
A
A mental process
B
An intellectual process
C
A universal functional process
D
All of the above
Question 15
The formula, ((1-ti) EPS / MP ) X 100, may be used for
A
cost of equity capital
B
cost of retained earnings
C
cost of preference share capital
D
cost of debt capital
Question 16
..... uses a computer program in an attempt to imitate the brain in analysing securities.
A
Decision trees
B
Program trading
C
Day traders
D
Neural networks
Question 17
Which Indian Banking Group has attained more than 51, 000 ATMs by 31st March 2014?
A
Indian Bank
B
Union Bank of India
C
SBI (including it's associates)
D
ICICI
Question 18
..... are a way U. S. investors can invest in foreign companies.
A
ADRs
B
IRAs
C
SDRs
D
GNMAs
Question 19
Each job has a.. prepared for it that bears the job number and which is used to collect all cost data relating to job.
A
Job Time Sheet
B
Job Cost Card
C
Job Ticket
D
Job Account
Question 20
Promissory note is prepared by
A
Drawer
B
Endorsee
C
Drawee
D
All of the above
There are 20 questions to complete.

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