Commerce online quiz 143

By | August 21, 2018

NTA NET SURE SUCCESS!!! Solve all MCQ and QUIZ on this site. You will get many common questions in Final exam. Do not forget to tell your friends

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।)
Few items of P/L A/c of a company are-Sales-Rs.1, 60, 000 Closing stock-Rs.38, 000 Non-operating Expenses-Rs.800 Non-operating Income-Rs.4, 800 Net Profit-Rs.28, 000 What is the Operating Profit Ratio?
A
18%
B
20%
C
15%
D
57%
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which audit is carried out during the accounting period with some interval, it is called-
A
periodic audit
B
partial audit
C
continuous audit
D
interim audit
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which economist stated the positive impact of monopoly?
A
Marshall
B
Adam Smith
C
Joseph Schumpeter
D
Pigou
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... expenses are shown in the P/L A/c.
A
direct
B
indirect
C
cost
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।)
The..... column in a ledger account shown the location of each entry in the journal
A
JF
B
LF
C
FJ
D
FL
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Relaxing the restrictions and controls imposed on Business and industry means
A
Liberalisation
B
Privatisation
C
Globalisation
D
None of the above
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In periods of boom, which leads to economic instability RBI resorts to
A
Sale first class securities in its precession in the market, to reduce the supply of money as a measure of open market operations
B
Buying of approved securities in the market as a measure of open market operation
C
Like in the bank rate as is measure of open market operations
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।)
Type of stock which have characteristics of bonds and common stock is classified as
A
bonds equity
B
common shares
C
common stock
D
preferred stock
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Setup cost is a type of..... cost.
A
fixed
B
variable
C
semi variable
D
carrying
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Showing the assets and liabilities in the order of convertibility or solvency is called.....
A
marshalling
B
balancing
C
carry forwarding
D
none of these
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The maximum validity period of provisional attachment in GST will be:
A
1 Year from the date of Order
B
2 Years from the date of Order
C
3 Years from the date of Order
D
Up to the realisation of the demand in the pending proceedings
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Wages paid to workers of factory are termed as
A
workers premium
B
overtime premium
C
factory premium
D
wage premium
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A Master Budget consists of
A
Sales budget
B
Production budget
C
Material budget
D
All of the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The component of TCP/IP that provides the Internet's addressing scheme and is responsible for the actual delivery of packets is.....
A
TCP
B
IP
C
the Network Layer
D
the Application Layer
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where the goods sold paying VAT within 6 months prior to the appointed day are returned back to business place by an unregistered person within 6 months from the appointed day, the registered person can,
A
Re sale the goods without paying GST
B
The VAT paid will be lost
C
Claim for refund of VAT under the existing law
D
Pay tax on reverse charge basis
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Difference between flexible budget amount and corresponding actual result is called
A
corresponding variance
B
resultant variance
C
flexible budget variance
D
static budget variance
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In a public company the minimum number for having a Quorum in a meeting is-
A
2
B
3
C
5
D
7
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The..... refers to the orderly relationship between spot and forward currency exchange rates and the rates of interest between countries.
A
one-price rule
B
interest-rate parity
C
purchasing-power parity
D
exchange-power parity
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Economic profit is
A
Part of total cost
B
Total revenue minus total cost
C
Total revenue minus explicit cost
D
Total variable cost minus total fixed cost
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Dissolution of Partnership takes place when-
A
A partner misbehaves
B
A partner becomes of unsound mind
C
Business is running at a loss
D
A partner dies
There are 20 questions to complete.

Leave a Reply

Your email address will not be published. Required fields are marked *