Commerce online quiz 137

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।)
Quantitative expression, of action plan by management of firm for a specified period of time is classified as
A
complexity
B
process
C
budget
D
batching
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
NRV or net realizable value of inventory is the expected selling price or market value less
A
Carry value of the inventory
B
Expenses necessary to complete sale
C
Cost of the stock
D
Replacement cost
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Budgeting is difficult to apply in the following cases
A
Products subjected to rapid changes
B
Job order manufacturing
C
Uncertain market condition
D
All of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Ten rupees is the equilibrium price for good X. If government fixes the price at Rs.5, there is
A
A shortage
B
A surplus
C
Excess supply
D
Loss
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following functions is served most by information technology?
A
Replacement of human labour
B
Provision for a handle to the management to improve industrial relations
C
Substitution of human information processing
D
Rationalisation of office work
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where the signature of the drawer of a cheque is not genuine, such a cheque is called
A
post dated cheque
B
stale cheque
C
forged cheque
D
all
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A Bull speculator is also called as.....
A
mandiwala
B
tejiwala
C
tarawaniwalas
D
vaniwalas
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Federal Reserve policy and federal surplus or deficit of budget affect the
A
cost of production
B
cost of money
C
opportunity cost
D
inflation risk
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Net Profit = Gross Profit minus
A
Operating expenses
B
Product cost
C
Deferred expenses
D
Direct cost
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Underlying all investments is the trade-off between.....
A
expected return and actual return
B
low risk and high risk
C
actual return and high risk
D
expected return and risk
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is the gross inflow of economic benefits
A
Assets
B
Liabilities
C
Income
D
Expenses
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What will be the amount carried forward as CGST/SGST from the earlier law and shown in the return filed for the period ending as on appointed date?
A
No amount will be carried forward from the earlier law
B
Amount which is admissible under earlier law but may not be admissible under GST
C
Amount which is admissible under GST but may not be admissible under earlier law
D
Amount which is admissible under both the GST and earlier law
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are
A
inventoriable costs
B
finished costs
C
factory overhead costs
D
manufacturing overhead costs
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Idle capacity of a plant refers to the difference between.....
A
maximum capacity and practical capacity
B
practical capacity and normal capacity
C
practical capacity and capacity based on sales expectancy
D
maximum capacity and actual capacity
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The basis for determining profit to be taken into account on incomplete contract is.....
A
cost of contract
B
contract price
C
percentage of work certified as done
D
uncertified work
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is the Regulator of the credit rating agencies of India?
A
RBI
B
SBI
C
SIDBI
D
SEBI
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Sale of old furniture will be recorded in
A
Purchase journal
B
Sales journal
C
Journal proper
D
nowhere
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When transfer of property would be considered void?
A
Transaction is done to defraud the Government revenue
B
Transaction is done without the intention to defraud the Government revenue
C
Any of the above
D
None of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If NAV > market price of a fund, then the fund.....
A
is selling at a discount
B
is selling at a premium
C
is an index fund
D
is an exchange traded fund.
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On an indifference map, if the income consumption curve slopes downwards to the right it shows that
A
Both X and Y are superior goods
B
Y is an inferior good
C
X is an inferior good
D
Both X and Y are inferior goods
There are 20 questions to complete.

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