Commerce online quiz 174

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

 Question 1
If budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is$7500, then budgeted indirect cost rate would be
 A 112.34 per piece B 113.34 per piece C 111.34 per piece D 110.34 per piece
 Question 2
Assertion (A): Management audit is a statutory audit. Reason (R): Management audit is performed through innovative ideas.
 A Both A and R are true and R is the correct explanation of A B Both A and R are true but R is NOT a correct explanation of A C A is true but R is false D A is false but R is true
 Question 3
In testing hypothesis, what is the size of the sample to be reckoned as a small sample?
 A Less than 30 B Less than 25 C Less than 40 D Less than 100
 Question 4
Bond's promised rate of return is also considered as
 A yield to earning B yield to investors C yield to maturity D yield to return
 Question 5
During short period, diminishing returns may follow because
 A Quantity of labour is fixed B Quantity of output is fixed C Quantity of capital is fixed D Quantity of any one factor is fixed
 Question 6
What is the proposed late fee for delay in issuing the Certificate of TDS Deduction to the Deductee?
 A 100/-Per Day with a Maximum of ' 5000/- B 100/-Per Day with a Maximum of ' 10, 000/- C 100/-Per Day with a Maximum of ' 25000/- D No Late fee at all.
 Question 7
Which of the following statements is not true?
 A The nature and implementation of specific HR practices depends upon the socio-economic contexts in which the firm operates. B There remains considerable variety in the HRM policies followed by MNCs. C People management in MNCs poses specific problems and challenges. D There is an emerging international model of HRM.
 Question 8
The equilibrium is unstable and indeterminate under
 A Edgeworth model B Cournot Model C Sweezy Model D Pareto Model
 Question 9
Approaches used to allocate joint costs include
 A sales value at split off method B net realizable value method C constant gross margin percentage NRV method D all of above
 Question 10
Principal entitled for input tax credit on inputs sent for job work
 A If goods sent are returned within nine months B If goods sent are returned within three years C If goods sent are returned within six months D If goods sent are returned within one year
 Question 11
Which is not a method of performance appraisal?
 A Straight ranking method B Man-to-man comparison method C Check list method D None of the above
 Question 12
The..... Officer is empowered to assist the proper officer.
 A Police/Customs B Health C CBI D State Excise
 Question 13
More MCQs on Foreign Exchange Management 1. The EU is the major provider of FDI for:
 A Eastern Europe. B South America. C developing Asian countries D all of these regions.
 Question 14
Balance of Payment can be made favourable if
 A Exports are increased B Imports are increased C Devaluation of money D (A) and (C).
 Question 15
..... budgeting does not take into account what happened in the past but emphasizes on current activities.
 A Formula B Performance C Programme D Zero-base
 Question 16
Inflation has become a major area of concern in India these days. What measures do the Govt of India / RBI normally take to control the same? A. Fixation of Maximum Prices of the Commodities. B. System of Dual Prices C. Increase in supply of food-grains
 A Only A and B B Only C and D C Only B, C and D D All A, B, C and D
 Question 17
A materials requirements planning (MRP) system is an example of.....
 A spot purchasing B a multi-tier supply chain C a legacy computer system D electronic data interchange
 Question 18
The following error will affect the Trial Balance
 A Error of partial omission B Error of principle C Error of complete omission D All of the above
 Question 19
Type of premium asked by investors for bearing risk on average stock is classified as