Commerce online quiz 117

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Organisational change is necessitated by-
A
External environmental pressure
B
Internal strengths and weaknesses
C
Sequential changes
D
All the above
Question 2
RHP means....
A
Read Herring Prospectus
B
Roll Hearing Prospectus
C
Red Herring Prospectus
D
Red Herring Proposals
Question 3
..... has been founded to act as permanent watchdog on the international trade.
A
ISRD
B
ADS
C
WTO
D
DIMF
Question 4
..... is the rate of interest which is levied on Longt-Term loans and Avances taken by commercial banks from RBI
A
Fixed Interest Rate
B
Bank Rate
C
Fixed Deposit Rates
D
Repo Rate
Question 5
Which of the following Iiabilities are taken into account for the quick ratio?
  1. Bills payable
  2. Sundry Creditors
  3. Loans
  4. Debtors
  5. Bank overdraft
A
1, 3 and 5
B
2, 3, and 4
C
1, 3, and 4
D
2, 4, and 5
Question 6
Which among the following are parts of job description:
  1. Duties performed
  2. Job summary
  3. Job identification
  4. Supervision given
  5. Delegation of authority
A
(i), (ii), (iii) and (iv)
B
(ii), (iii), (iv) and (v)
C
(i), (iii), (iv) and (v)
D
(i), (ii), (iii) and (v)
Question 7
Salaries paid in advance should be shown on
A
Asset side of the Balance sheet
B
Liability side of the Balance sheet
C
Credit side of the Trading account
D
All of the above
Question 8
Consumer's surplus left with the consumer under price discrimination is
A
Maximum
B
Minimum
C
Zero
D
Not predictable
Question 9
Which of the following is a non-verbal communication?
A
Body language
B
Letter
C
Speech
D
Poem
Question 10
What is an internal organizational Internet that is guarded against outside access by a special security feature called a firewall (which can be software, hardware, or a combination of the two)?
A
Client/server network
B
Intranet
C
Extranet
D
Thin client
Question 11
.....is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlier period.
A
Rolling budget
B
continuous budget
C
annual budget
D
Both (A) and (B)
Question 12
At the point of inflexion, the marginal product is
A
Increasing
B
Decreasing
C
Maximum
D
Negative
Question 13
If beginning work in process equivalent units is 2500 units, work done in current period equivalent units is 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be
A
1800 units
B
2300 units
C
10300 units
D
1500 units
Question 14
''The position of a Company Secretary is like that of a hub in a bicycle wheel.'' This statement shows the-
A
Importance of Company Secretary
B
Rights of Company Secretary
C
Duties of Company Secretary
D
Liabilities of Company Secretary
Question 15
Normal loss in the manufacturing process leads to.....
A
reduction in unit price of other good units
B
increase in unit price of other good units
C
reduction in costing profit
D
increase in costing profit
Question 16
An amount of spoilage that is natural in any particular production process is classified as
A
normal scrap
B
normal spoilage
C
abnormal spoilage
D
weighted spoilage
Question 17
Which is the first procedure for dealing at stock exchange?
A
Placing an order
B
Selection of broker
C
Contract note
D
Settlement
Question 18
Free cash flow is Rs 15000, operating cash flow is Rs 3000, investment outlay cash flow is Rs 5000 then salvage cash flow will be
A
Rs 17, 000.00
B
-Rs 17, 000.00
C
Rs 7, 000.00
D
-Rs 7, 000.00
Question 19
What is the theory of social responsibility that focuses on how companies respond to issues, rather than trying to determine their ultimate social responsibility, called?
A
Corporate social performance
B
Corporate social responsiveness
C
Stewardship principle
D
Enlightened self-interest
Question 20
Goodwill is a
A
fixed asset
B
current asset
C
intangible asset
D
fictitious asset
There are 20 questions to complete.

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