Commerce online quiz 145

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Maximum settlement opportunity allowable to a taxable person?
A
Only Once
B
Only 2
C
Up to 3 cases
D
No such limit
Question 2
The kinked demand curve explains
A
Price rigidity
B
Price flexibility
C
Demand rigidity
D
Demand flexibility
Question 3
Study carrels are exclusive areas meant for
A
Students
B
Public
C
Women
D
Researchers
Question 4
Income elasticity of demand for normal goods is always
A
1
B
Negative
C
More than 1
D
Positive
Question 5
What are materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment?
A
Direct materials
B
Indirect materials
C
EDI
D
None of the above
Question 6
An annual interest payment divided by current price of bond is considered as
A
current yield
B
maturity yield
C
return yield
D
earning yield
Question 7
A demand curve, parallel to X axis, shows the elasticity
A
Infinite
B
Less than l
C
Zero
D
Inelastic demand
Question 8
Why would a merchant want to customize products?
A
To charge a higher price
B
To decrease costs
C
It is required in EC
D
Customers will only accept customized products
Question 9
Which of the following functions is known as the essence of management?
A
Planning
B
Organising
C
Co-ordinating
D
Control
Question 10
What is the prescribed time period to apply for GSTN by a non-resident taxable person?
A
Within 5 days from the crossing of the threshold limit
B
Within 7 days from the commencement of business
C
Within 30 days from the commencement of business
D
At least 5 days prior to the commencement of business
Question 11
The expansion of CAPM is.....
A
Capital amount pricing model.
B
Capital asset pricing model.
C
Capital asset printing model.
D
Capital amount printing model.
Question 12
The most popular type of auction on eBay is the.....
A
Dutch Internet auction
B
Name Your Own Price auction
C
English auction
D
Professional service auction
Question 13
The installation expenses for a new machinery will be debited to
A
Cash A/c
B
Profit & Loss A/c
C
Machinery A/c
D
Installation expenses A/c
Question 14
.....is an instrument which reproduces sound at a distance by means of electricity.
A
Typewriter
B
Telephone
C
FAX
D
Photocopier
Question 15
Which of the following is not a method of cost absorption?
A
Percentage of direct material cost
B
Machine hour rate
C
Labour hour rate
D
Repeated distribution method
Question 16
An interest yield = 7.9% and capital gains yield = 2.5% then total rate of return is
A
10.00%
B
3.16%
C
0.31%
D
5.40%
Question 17
The E-payment mechanism widely used in B2B is.
A
Credit card
B
Debit card
C
Master card
D
E-cheque
Question 18
Which of the following is NOT an example of intangible assets?
A
Franchise rights
B
Goodwill
C
Patents
D
Land
Question 19
This is a level at which normal issue of material are stopped, but issued under special condition It is.....
A
maximum stock level
B
minimum stock level
C
danger level
D
average stock level
Question 20
In cash flow estimation and risk analysis, real rate will be equal to nominal rate if there is
A
no inflation
B
high inflation
C
no transactions
D
no acceleration
There are 20 questions to complete.

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