10000 MCQ /questions on commerce questions answers
If any dealer fails to give satisfactory explanation to a SCN on a return scrutiny, it will result in to:
Departmental Audit or Special Audit
Any of the Above
In case of ISD whether distributor and recipient should have same PAN
Yes if in same state and different in other state
None of the above
For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages payable under Rowan Premium Plan will be.....
none of these
The probability of bankrupt is higher.
for a levered firm than an unlevered firm
for an unlevered firm than a levered firm
only levered firm
only unlevered firm
Which facility was established to provide assistance to members facing payments difficulties that are large in relation to their economies and their fund quotas?
Supplementary Financing Facility (SFF)
Compensatory and Contingency Financing Facility (CCFF)
Extended Fund Facility (EFF)
Bufferstock Financing Facility (BFF)
Which of the following is not related to overall market variability?
Interest rate risk
Purchasing power risk
An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate
selling price variance
The market price of a share of common stock is determined by.....
the board of directors of the firm
the stock exchange on which the stock is listed
the president of the company
individuals buying and selling the stock
The major difference between perfect competition and monopolistic competition is
Number of firms
Rate of profit
Free exit and entry
For the purpose of inquiry under the MRTP Act, the commission has the power equivalent to
None of these
Insufficient working capital results in.....
Block of cash
Lack of production
Lack of smooth flow of production
Which of the following requires amendment in the registration certificate?
Change of name of the registered person
Change in constitution of the registered person
Switching over form composition scheme to normal scheme or vice versa.
All of the above
Arrange the following steps involved in capital budgeting in order of their occurrence
- Project Selection
- Project appraisal
- Project generation
- Follow up
- Project execution
(ii), (iii), (i), (v), (iv)
(iii), (ii), (i), (v), (iv)
(i), (iii), (ii), (v), (iv)
(i), (ii), (iii), (v), (iv)
Which among the following committee is working on the revision of the Whole sale Price Index?
Saumitra Chaudhuri committee
Mihir Shah committee
Narendra Jadhav committee
Syeda Hameed committee
The return on capital employed shows the combined effect of-
net profit ratio and inventory turnover ratio
operating ratio and net profit ratio
net profit ratio and capital turnover ratio
gross profit ratio and capital turnover ratio
False and mishandling claims vulgarity in advertisement do not match with
Ethics in advertising
Mass level of advertising
The net profit ratio is the ratio of net profit to
Net cash sales
Net credit sales
Net total sales
The applicant is not required to furnish documentary evidence if the amount of refund claimed is less than:-
Rs 6 lacs
Rs 2 lac
Rs 10 lac
Rs 20 lac
..... is equal to (common shareholders' equity/common shares outstanding).
book value per share
liquidation value per share
market value per share
Suppose, One existing dealer who has been issued Provisional Registration Certificate is not liable for registration under GST due to the below registrable limit or items not liable to tax under GST. What will be the option available to such dealers in t
He may apply for the cancellation of the provisional registration
He has to wait for the completion of the provisional registration period of 6 months
Cancellation will be permitted only after One year from the appointed day
None of the Above
There are 20 questions to complete.