Commerce online quiz 175

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।)
Halsey premium plan is.....
A
individual incentive scheme
B
group incentive scheme
C
time and piece wage system
D
differential piece wage system
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Franking machine is used in.....
A
bank
B
post office
C
school
D
colleges
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the customer can do all transactions only in a branch and the branch has no online access, it is called.....
A
Online Banking
B
Internet Banking
C
Virtual Banking
D
Brick and Mortar Banking
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A model in which behavior of asset returns is measured for set of risk factors and market risk is classified as
A
factorization model
B
Two factor model
C
multifactor model
D
quoted factor model
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A company's break even point is 6, 000 units per annum. The selling price is Rs 90 per unit and the variable cost is Rs 40 per unit. What are the company's annual fixed costs?
A
Rs 120
B
Rs 2, 40, 000
C
Rs 3, 00, 000
D
Rs 5, 40, 000
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If 50% increase in the price of a commodity leads to only 10% reduction in demand, then such demand wilt be?
A
Inelastic demand
B
Perfectly elastic demand
C
Perfectly inelastic demand
D
Highly elastic demand
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Impact of change in demand in one sector on other sectors is studied by
A
General equilibrium
B
Partial equilibrium
C
Both (a) and (b)
D
None of these
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 statements are correct? (i) Revocation of cancellation of registration under CGST/SGST Act shall be deemed to be a revocation of cancellation of registration under SGST/CGST Act. (ii) Cancellation of registration under CGST/SGST Ac
A
(i) & (ii)
B
(iii) & (iv)
C
(i), (ii) & (iii)
D
(i), (ii), (iii) & (iv)
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then selling price variance will be
A
$45, 000
B
$55, 000
C
$75, 000
D
$65, 000
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Prior to the conduct of audit u/s 65 the registered person shall be informed, by way of a notice, sufficiently in advance:
A
not less than fifteen working days.
B
not less than thirty working days.
C
not less than ten working days.
D
No prior intimation required.
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An uncovered cost at start of year is Rs 200, full cash flow during recovery year is Rs 400 and prior years to full recovery is 3 then payback would be
A
5 years
B
3.5 years
C
4 years
D
4.5 years
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In estimation of cost functions, variations in a single activity level represents the
A
related total costs
B
related fixed cost
C
related variable cost
D
related per unit cost
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Sales on credit is recorded in which of the following journal?
A
Purchase journal
B
Sales journal
C
Purchase return journal
D
Sales return journal
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In financial planning, most high option price will lead to
A
longer option period
B
smaller option period
C
lesser price
D
higher price
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under Merrick's multiple piece rate system, 120% of the ordinary piece rate is given to workers whose level of performance is between.....of the standard output.
A
83% and 100%
B
100% and 120%
C
0% and 83%
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।)
Economic activities are related to.....
A
Production of wealth
B
Satisfy ones urge
C
Undertaking social service
D
Social service
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A gross profit is transferred to the.....side of the P/L A/c.
A
debit
B
credit
C
cost
D
none of these
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
AS-10 (Accounting Standard on Fixed Assets) does not deal with accounting for the following items to which special considerations apply
A
Forests, plantations and similar regenerative natural resources
B
Wasting assets including material rights, expenditure on the exploration for and extraction of minerals, oil, natural gas and similar non-regenerative resources
C
Expenditure on real estate development and livestock
D
None of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
CG Co manufactures a single product T. Budgeted production output of product T during June is 200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per cent idle time. Labour is paid at a rate of Rs7 per hour.
A
Rs. 6, 720
B
Rs. 8400
C
Rs. 10080
D
Rs. 10500
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Security merchants dealing in shares, independent operators are called.....
A
Brokers
B
Jobber
C
tarawaniwalas
D
mandiwalas
There are 20 questions to complete.

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