Commerce online quiz 12

By | August 21, 2018

NTA NET SURE SUCCESS!!! Solve all MCQ and QUIZ on this site. You will get many common questions in Final exam. Do not forget to tell your friends

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।)
Administration expenses are mostly.....
A
semi-variable
B
variable
C
fixed
D
none of these.
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Fifth step in process costing system is to
A
allocate separable costs
B
allocate joint costs
C
compute gross margin
D
assign total cost to completed units
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Term which describes assigning of indirect cost to any cost abject is classified as
A
cost allocation
B
sales tracing
C
sales allocation
D
cost tracing
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If difference between costs linked to highest and lowest observation of cost driver is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be
A
$16, 000
B
$200
C
$400
D
$20, 000
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Classification of the students of a college in two categories 'rural' and 'urban' is?
A
Qualitative
B
Quantitative
C
Geographical
D
None of these
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Amalgamation of firms takes place to
  1. Avoid competition
  2. Reduce unnecessary advertisement expenditure
  3. Gain monopoly in the market
  4. Have more capital and skill
  5. To secure internal and external economie
A
1, 3, 4 and 5
B
2, 3, 4 and 5
C
1, 2, and 3
D
1, 2, 3, 4 and 5
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Mr. X a resident from Pune conducts training for employees of P Ltd. being a registered person under GST based out in Chennai at a resort in Darjeeling. The place of supply in this case is
A
Chennai
B
Pune
C
Darjeeling
D
None of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Match List I with List II and select correct answer using the codes given below the lists List I List II a. Current Ratio I. Sufficiency of EBIT to cover interest charges b. Debt-Equity Ratio II. Short-term solvency c. Net Profit Margin Ratio III. Exposu
A
a b c d II III I IV
B
a b c d III II I IV
C
a b c d III II IV I
D
a b c d II III IV I
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The first directors of a company are appointed by-
A
Promoters
B
Government
C
Shareholders
D
Company Law Board
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is/are correct regarding banking in India?
  1. Capital Adequacy Ratio is determined by RBI
  2. RBI determines the savings rate of Interest
  3. RBI imposes fine at bank rate on banks if they do no
A
Only 1
B
Only 2
C
Only 3
D
2, 3
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Linear programming models solve problems dealing with
A
relatives and absolutes
B
routes and mixes
C
dispersions and similarities
D
rupees and percentages
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Non-financial and financial aspects of plan by company management, is classified as
A
complexity
B
process
C
budget
D
batching
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The decision of the GST Council should be taken based on majority votes not less than:
A
1/2 of the weighted votes
B
2/3 rd of the weighted votes
C
1/3 rd of the weighted votes
D
3/4th of the Weighted Votes
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Process in which stockholders transfer right to vote to any other person is classified as
A
proxy
B
transfer process
C
voting process
D
assigning right process
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under..... market condition, firms make normal profits in the long run.
A
Perfect competition
B
Monopoly
C
Oligopoly
D
None of the above
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Sales and purchase journal doesn't record
A
Credit sales
B
Credit purchases
C
Credit sales and purchases
D
Cash sales and purchases
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Once a Budget has been presented in the Parliament, the government has to get all money bills related to the union budget passed within.....
A
30 Days
B
60 Days
C
75 Days
D
90 Days
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If two goods were perfect substitutes of each other, it necessarily follows that
A
An indifference curve relating the two goods will be curvilinear
B
An indifference curve relating the two goods will be linear
C
An indifference curve relating the two goods will be divided into two segments which meet at a right angle
D
An indifference curve relating the two goods will be convex to the origin
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The World Bank Group is made up of how many organisations?
A
3
B
5
C
8
D
10
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On the Job Training Methods is based on
A
Demonstration Method
B
Apprenticeship Training Method
C
Informal Training
D
All of the above
There are 20 questions to complete.

Leave a Reply

Your email address will not be published. Required fields are marked *