Commerce online quiz 160

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।)
Effective cost of debentures is..... as compared to shares.
A
higher
B
lower
C
equal
D
medium
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Out of the following, what is not true in respect of factoring?
A
Continuous Arrangement between Factor and Seller
B
Sale of Receivables to the factor
C
Factor provides cost free finance to seller
D
None of the above.
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the
A
wages
B
number of products produced
C
number of workers
D
Number of hours
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost accounting is based on.....figures.
A
Estimated
B
historical
C
actual
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।)
Wider span of control is effective in organization where-
A
authority delegation is inadequate
B
tasks are complex
C
thorough subordinate training scheme exists
D
the leadership style is authoritarian
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The exception to law of demand is
A
Veblen goods
B
Giffen goods
C
Both 'a' and 'b'
D
None
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Plan of action; how an organization meets its opportunities and capabilities is classified as
A
action plan
B
strategy
C
step wise plan
D
complex plan
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the effect if the parliament annuls the rules/ notifications issued by government? (i) It is as good as no rules/ notifications were issued by the government (ii) The rules/ notifications issued by the government would be effective for the period
A
Only i & ii
B
Only i & iv
C
Only ii & iv
D
Only ii & iii
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In 'make or buy' decision, it is profitable to buy from outside only when the supplier's price is below the firm's own.....
A
Fixed Cost
B
Variable Cost
C
Total Cost
D
Prime Cost
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An alternative term used for accumulated depreciation expenses?
A
Provision for depreciation
B
Cumulative depreciation
C
Targeted depreciation
D
Depletion
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The notice period required for conducting a departmental audit?
A
At least 7 working days
B
At least 15 working days
C
At least 21 working days
D
At least 30 working days
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Right shares are the shares
A
Issued by a newly formed company
B
Legally issued to the public at large
C
Offered to the existing equity shareholders
D
That have a right of redemption
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Full fledged money changers are authorized to undertake
A
only sale transactions
B
only purchase transactions
C
all types of foreign exchange transactions
D
purchase and sale of foreign currency notes, coins and travelers cheques
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Parties to a bill of exchange are
A
Drawer
B
Drawee
C
Payee
D
All of the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
ITC includes tax payable under..... also
A
VAT
B
Reverse charge
C
Excise
D
Customers
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as
A
standard error of estimated coefficient
B
weighted error of estimated coefficient
C
average of estimated coefficient
D
variance of estimated coefficient
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What will be the time period applicable for advance ruling?
A
The financial years covered under Advance Rulings
B
3 years from the date of advance ruling
C
Till the date when the law, facts or circumstances changes
D
5 years from the date of advance ruling
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is a separate legal entity whose total capital can be divided into many shares
A
Partnership
B
Sole Proprietorship
C
Company
D
Non-profit organization
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is outsourcing of production and concentrating on marketing operations in international business, known as?
A
Licensing
B
Franchising
C
Contract manufacturing
D
Joint venture
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... means a fraction of the capital of a company.
A
Stock
B
Exchange
C
Bear
D
Stag
There are 20 questions to complete.

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