Commerce online quiz 133

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।)
The time period for the disposal of an advance ruling application will be:
A
Within 30 days of the receipt of the application
B
Within 60 days of the receipt of the application
C
Within 90 days of the receipt of the application
D
Within 180 days of the receipt of the application
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Convertibility of the rupee implies....
A
Being able to convert rupees notes into gold
B
Allowing the value of the rupee to be fixed by market forces
C
Freely permitting the conversion of rupee to other major currencies and vice versa
D
Developing an international market for currencies in India
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
During planning period, a marginal cost for raising a new debt is classified as
A
debt cost
B
relevant cost
C
borrowing cost
D
embedded cost
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Telephone expense is.expense.
A
Variable
B
semi-variable
C
fixed
D
none of these
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
SAC Code Stands for
A
Services Accounting Code
B
Software Accounting Code
C
System Accounting Code
D
Service Application Code
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Labour cost variance is the difference between standard cost of labour and..
A
Budgeted cost of labour
B
Estimated cost of labour
C
Actual cost of labour
D
None of these
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
"After inviting tenders for supply of raw materials, two quotations are received as follows-Supplier P Rs 2.20 per unit, Supplier Q Rs 2.10 per unit plus Rs 2, 000 fixed charges irrespective of the units ordered. The order quantity for which the purchase
A
22, 000 units
B
20, 000 units
C
21, 000 units
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।)
Dismantling and demolition charges is a
A
Deferred Revenue expenditure
B
Capital expenditure
C
Revenue expenditure
D
None of the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Lower the Debt Equity ratio
A
Lower the protection to creditors
B
Higher the protection to creditors
C
It does not affect the creditors
D
None of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Real risk-free interest rate in addition with an inflation premium is equal to
A
required interest rate
B
quoted risk-free interest rate
C
liquidity risk-free interest rate
D
premium risk-free interest rate
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Within relevant range, cost function which cost does not change in narrow ranges of activity is called
A
fixed cost function
B
variable cost function
C
step variable cost function
D
step fixed cost function
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If actual result is $25000 and flexible budget amount is $11000, then flexible budget amount is
A
$36, 000
B
$46, 000
C
$56, 000
D
$14, 000
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Consider the following statements:
  1. Managerial grid is an organizational concept that brings together teams of individuals from specialized jobs and departments for achieving specific results in defined periods of ti
A
1 only
B
Both 1 and 2
C
2 only
D
Neither 1 nor 2
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Arrange the following staffing procedure in the correct sequence
  1. Determining sources of personnel supply
  2. Preparing personnel specifications
  3. Selection of personnel
  4. Determining Personnel Characterist
A
(ii), (i), (iv) and (iii)
B
(i), (ii), (iii) and (iv)
C
(ii), (i), (iii) and (iv)
D
(ii), (iii), (i) and (iv)
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Journal entry in which two or more account is debited or credited is referred to as
A
Journal entry
B
Multi entry
C
Additional entry
D
Compound entry
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The abbreviations SDR stands for
A
Special Drawing Rights
B
Specific Drawing Rights
C
Special Depository Rules
D
Specific Depository Rules
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is a relative measure of dispersion?
A
Standard deviation
B
Variance
C
Co-efficient of variation
D
None of the above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which is the basic form of Innovation?
A
Introduction of novel production process
B
Improvement and development of existing process
C
Improvement and development of existing firm
D
All of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Consider the following statements:
  1. Decentralisation and delegation are closely interrelated
  2. Delegation and decentralisation both are desirable
  3. Decentralisation is not suitable for large organisation
  4. De
A
1 and 2 are correct
B
2 and 3 are correct
C
1 and 4 are correct
D
1, 3 and 4 are correct
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following account with normal balance is shown at the debit side of a trial balance?
A
Rent income account
B
Creditors account
C
Unearned income account
D
Cash account
There are 20 questions to complete.

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