Commerce online quiz 169

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।)
Posting the right person at the right place is called.....
A
Recruitment
B
Coaching
C
Deployment
D
Induction
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Land on lease should be shown in Blance sheet contrary to the fact that the company does not own that piece of land is the implementation of which accounting concept?
A
Matchig concept
B
Accrual concept
C
Prudence concept
D
Substance over form concept
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Schedule of expected disbursements and cash receipts is considered as
A
planned schedule
B
cash budget
C
market budget
D
price schedule
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Material control does not cover the following stage.
A
Purchase of materials
B
storing of materials
C
issue of materials
D
production
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On the basis of the size and composition of external debt, world bank has classified India as a
A
heavily indebted country
B
moderate indebted country
C
Less indebted country
D
Severely indebted country.
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stage in production process, where manufactured goods are checked; whether units are acceptable or not is classified as
A
rework point
B
inspection point
C
spoilage point
D
scrap point
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bank Reconciliation statement is prepared by
A
Accountant of business
B
Manager of business
C
Controller of business
D
Accountant of the bank
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following applies to the implementation of an idea?
A
Copyright
B
Intellectual property
C
Patent
D
Denial-of-service attack
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Much popular computers are.....
A
analog
B
digital
C
electronic
D
log
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What are the consequences of obtaining registration by misrepresentation?
A
Liable to cancellation of registration by proper officer.
B
Liable to fine not exceeding Rs. 1, 000, 000/-
C
Imprisonment for a period of 6 months to 3 years.
D
Both (b) and (c)
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case of any ambiguity where place of supply of goods cannot be determined as provided in IGST Act, 2016 who will determine the place of supply?
A
Central Government on recommendation of the Council
B
State and Central Government on recommendation of the Council
C
State Government or Central Government as may be prescribed
D
In a manner as may be prescribed
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is NOT considered a money market instrument?
A
Treasury bills
B
Repurchase Agreement
C
Certificate of Deposit
D
Shares and bonds
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bookkeeping mainly consists of which part of accounting process?
A
Analysing
B
Preparing financial statements
C
Recording financial information
D
Auditing the books of accounts
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Packing cost is.....
A
production cost
B
selling cost
C
administration cost
D
distribution cost
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Purchase book records
A
All purchases of goods
B
All cash purchases of goods
C
All credit purchases of goods
D
None of these
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Buying of goods or materials for production in a way that they are delivered directly on manufacturing facility of company is called
A
economic order quantity purchasing
B
annual purchasing
C
just in time purchasing
D
both a and b
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Budget, which predicts effect of given level of operations on a cash position is classified as
A
market budget
B
price schedule
C
planned schedule
D
cash budget
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following activity is undertaken by EXIM Bank?
A
Export Credit
B
Film Finance
C
Financing under PMEGP
D
SME and Agriculture Finance
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What are materials that are necessary for running a modern corporation, but do not relate to the company's primary business activities?
A
Direct materials
B
Indirect materials
C
EDI
D
None of the above
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Financial security in which there is no default risk and issues by U.S governments is classified as
A
U.S treasury bonds
B
mortgages
C
municipal bonds
D
corporate bonds
There are 20 questions to complete.

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