10000 MCQ /questions on commerce questions answers
Details of Inward supplies shall include
Inward supplies of goods and services communicated in Form GSTR 2A
Inward supplies in respect of which tax is payable under reverse charge mechanism
Inward supplies of goods and services not declared by suppliers
All the above
A type of beta which incorporates about company such as changes in capital structure is classified as
When the income elasticity of demand is greater than unity, the commodity is
An inferior good
A non-related good
Describe the method of costing to be applied in case of Nursing Home:
The effect of speculation on exchange rate is
It causes violent fluctuations in exchange rate.
It aggravates the market trends.
Either or both of A and B.
Neither A nor B.
Which of the following account will be credited when the goods are purchased on cash?
Work in progress account
Essential an operational and purposive pursuit
A cost of service
A cost of product
Discriminating monopoly is possible if two markets have
Rising cost curves
Rising and declining cost curves
Different elasticity of demand
Equal elasticity of demand
In case of a limited company, the term financial statements includes
Profit and loss and balance sheet
Profit and loss account, profit and loss appropriation account and balance sheet
None of the above
Increase in the installation of Personal Computer is mainly due to-
monotony of work
reduction of fatigue
improvement of efficiency
lowering work load
The marketing plan provides both
The vision and the cost
The vision and the direction
The vision and control
The vision and the post
A modified internal rate of return is considered as present value of costs and is equal to
PV of hurdle rate
FV of hurdle rate
PV of terminal value
FV of terminal value
Present value of portfolio is Rs 900 and current value of stock in portfolio is Rs 1500 then current option price would be
Rs 2, 400.00
-Rs 2, 400.00
In accounting, cost incurred in past or in historical financial statements is classified as
Lesser production of..... would lead to lesser production in future.
The CGST second appeal before the Tribunal will be filed by:
Review Committee comprising of 2 CGST Officers
Legal Wing of the CGST Department
Concerned Adjudicating Officer
Value of stock is Rs 400 and required rate of return is 20% then preferred dividend would be
Rs 8, 000.00
Assets minus liabilities equal to
Process of comparing company results with other leading firms is considered as
What types of refund are directly given instead of crediting in to the Consumer welfare fund?
- Refund on Export
- Unutilised portion of ITC
- Tax or any other amount paid without passing to some one else. i, ii & iiii, ii & ivii, iii & ivi, ii, iii & iv
There are 20 questions to complete.