10000 MCQ /questions on commerce questions answers
The following are causes of shift in demand EXCEPT
Change in income
Change in price
Change in fashion
Change in prices of substitutes
After-the-fact rate of return often consider as realized or actual can be denoted
s hat r
r bar s
r hat s
s bar r
Which of the following inventory valuation methods show higher profits during the period of rising prices?
Weighted average cost method
Simple average method
Stock option is considered more valuable in situation when stock have
price hike in market
If the threat of substitute products or services is low it is a(n):
Disadvantage to the supplier
Advantage to the buyer
Advantage to the supplier
None of the above
Which of the following securities proves a burden on finances of the company, when company is not earning profits?
Redeemable preference shares
Suppose a Canadian firm imports bananas of $ 1000 and shells them for $ 2000 the effect on GDP would be
The GDP will decrease by $ 3000
The GDP will increase by $ 3000
The GDP will increase by $ 2000
The GDP will increase by $ 1000
Currency notes deposited in the currency chest are the property of.....?
Government of India
Process a/c is.....
a real a/c
either nominal or real a/c
The registered recipient must issue an invoice in the following cases:
The supplier fails to issue an invoice;
The supplier is unregistered.
The goods or services received notified for tax on reverse charge basis;
All of the above.
Where is the headquarter of Federal Bank.....
What are the decisions taken by government of India pertaining to Industrial Sector in the new industrial policy of 1991?
VRS to shed the excess load of workers
Disinvestment of public sector share holding
Referring sick units to BIFR
All of the above
Difference between final sales value and separable costs is equal to
net realizable value
Gross realizable value
What are the offences which cannot be permitted to compound in GST?
- Repetition of the offences serial numbered as 1 to 7 u/s.73
- Repetition of the abetment in the case of the major offences listed u/s.73
i, ii & iii
i, ii & iv
ii, iii & iv
i, ii, iii & iv
Motivational process and not the motivators as such is associated with the
Need hierarchy theory
..... is an important consideration for setting up an office.
Process costing is also known as.costing.
Should receipt be given when samples are taken by the department?
No need for receipt
None of the above
Which of the following is non-profit organization?
Which of the following is not a characteristic of a 'price taker'?
TR = P x Q
AR = Price
Negatively sloped demand
Marginal Revenue = Price
There are 20 questions to complete.