10000 MCQ /questions on commerce questions answers
Which among the following is not admissible as Opening CGST?
Krishi Kalyan Cess
Swachh Bharat Cess
Professor Knight is famous for his theory of
Costs of goods acquired from suppliers is classified as
limited partners in partnership business have
The AR curve and industry demand curve are same in case of
None of the above
Which of the following item will be shown on debit side of debtors account?
Risk on a stock portfolio which can be reduced by placing it in diversified portfolio is classified as
Cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as
quantitative analysis method
qualitative analysis method
account analysis method
conference analysis method
Payment if it is divided with interest rate will be formula of
future value of perpetuity
present value of perpetuity
Asset allocation affects the investor's return by.....
altering the returns on individual assets
weighting the portfolio return by the allocation
increasing the investor's use of mutual funds
Consider the following statements:
- It is mandatory for all business enterprises to conduct audit of accounts.
- Audit Note Book is a tool in the conduct of audit.
- Internal check system is an inbuilt mechanism
2 and 3
1, 2 and 3
X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5.50 per share, the amount that will remain standing to the credit of Share Forfeited A
What will be the volume of compulsory penalty for the offences listed u/s.66(1) of the MGST Act, 2016 will be:
Amount equivalent to the tax amount involved in the offence
Highest of the above a) or b)
No Penalty at all
If the dispersion around a security's return is larger.....
the expected return is smaller
the standard deviation is smaller
the stock's price is higher
the security's risk is higher
Which of the following is Central Organization of Workers?
United Trade Union Congress
Trade Union Co-ordination Centre
Indian National Trade Union Congress
All of the above
For the balance kept in the margin account for futures
Interest is paid at riskless rate.
Interest is paid at LIBOR rate
Interest is paid for the surplus over the required minimum.
No interest is paid.
Which of the following Accounting standards is recommendatory and not mandatory?
AS-1-Disclosure of accounting policies
AS-2 (Revised)-Valuation of inventories
AS-3-Cash Flow Statement
AS-4-Contingencies and Events occurring after the Balance Sheet date
..determines the priorities of functional budget.
Principal Budget Factor
both a & b
none of the above.
What will be consequences when tax payable under final order passed under subsection (3) is more than tax paid based on provisional assessment?
Only Differential tax payable has to be paid on determination of final assessment.
Differential tax payable has to be paid on determination of final assessment along with interest specified under Section 50.
Differential tax payable has to be paid on determination of final assessment along with interest specified under Section 50 and penalty of Rs. 20, 000.
Differential tax payable has to be paid on determination of final assessment along with penalty of Rs. 20, 000.
If the ATM hardware as well as lease is under the ownership of the service provider, while connectivity and cash handling and management is the responsibility of the sponsor bank, that ATM is called?
There are 20 questions to complete.