Commerce online quiz 121

By | August 21, 2018

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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।)
If demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then economic order quantity will be
A
678 packages
B
648 packages
C
658 packages
D
668 packages
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Gross margin percentage in constant gross-margin percentage NRV method is based on
A
total labour costs
B
total production
C
total revenues
D
total costs
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following oligopoly models is concerned with the maximization of joint profits?
A
Price leadership model
B
Bertrand's model
C
Collusive model
D
Edgeworth's model
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Industries are engaged in extracting and supplying products from earth, air and water.....
A
Extractive Industries
B
Manufacturing Industries
C
Genetic Industries
D
Assembly Industries
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Malicious hackers who act with the intention of causing harm are.....
A
White hats
B
Black hats
C
Grey hats
D
Brown hats
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Product which requires large amount of resources, but incur low per unit cost is classified as
A
product under costing
B
product over costing
C
expected under cost
D
expected over cost
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The dominant Web server software is.....
A
Zeus
B
Apache
C
Microsoft IIS
D
Google
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The supply of a commodity refers to
A
Actual production of the commodity
B
Total existing stock of the commodity
C
Stock available for sale
D
Amount of the commodity offered for sale at a particular price per unit of time
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost Unit is defined as:
A
Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed
B
A location, person or an item of equipment or a group of these for which costs are ascertained and used for cost control
C
Centres having the responsibility of generating and maximising profits
D
Centres concerned with earning an adequate return on investment
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
As per Industrial Policy resolution 1956, reserved industries for public sector are
A
12
B
14
C
16
D
17
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which amount will be carried forward as CGST under GST law (Assuming applicability of GST from 1st July, 2017)?
A
Input tax credit as per the CENVAT Credit Register on 30th June, 2017
B
Input tax credit as per the books as on 30th June, 2017
C
Input tax credit as per the return furnished for the period ending 30th June, 2017
D
Input tax credit as per the last available return furnished under the earlier law
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The receipt voucher must contain:
A
Details of goods or services;
B
Invoice reference;
C
Full value of supply;
D
None of the above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The spot exchange rate.....
A
is the rate today for exchanging one currency for another for immediate delivery
B
is the rate today for exchanging one currency for another at a specific future date
C
is the rate today for exchanging one currency for another at a specific location on a specific future date
D
is the rate today for exchanging one currency for another at a specific location for immediate delivery
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cash flows that should be considered for decision in hand are classified as
A
relevant cash flows
B
irrelevant cash flows
C
marginal cash flows
D
transaction cash flows
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Efficiency Ratio=
A
Number of actual working days in a period x 100 Number of working days in the budget period
B
Actual hours worked x 100 Budgeted hours
C
Standard hours for actual production x 100 Actual hours worked
D
Standard hours for actual production x 100 Budgeted standard hours
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In option pricing, an increasing in option price due to
A
time of expiry increases
B
time of expiry decreases
C
exchange time increases
D
exchange time decreases
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When the actual overhead is less than the absorbed overhead it is.....
A
over absorption
B
under absorption
C
equal absorption
D
major absorption
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The expenses that have fallen due for payment but not paid are
A
Outstanding expenses
B
Deffered expenses
C
Accrues expenses
D
Prepaid expenses
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to
A
budget production
B
planned production
C
setup production
D
stand by production
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A brief explanation recorded below every entry in General Journal is commonly known as
A
Narration
B
Explanation
C
Summary
D
Other Information
There are 20 questions to complete.

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