Commerce online quiz 177

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।)
The late fee forthe delay in filing of any inward supply statement, outward and return will be:
A
Rs.100/-per day not exceeding Rs.5000/-at maximum
B
Rs.500/-per day not exceeding Rs.5000/-at maximum
C
Rs.750/-per day not exceeding Rs.5000/-at maximum
D
Rs.1000/-per day not exceeding Rs.5000/-at maximum
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Relationship of two or more variables is examined excluding some other variables in case of
A
Total correlation
B
Partial correlation
C
Multiple correlation
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।)
India's foreign exchange rate system is?
A
Free float
B
Managed float
C
Fixed.
D
Fixed target of band
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as
A
Contingent liability
B
Liability
C
Provision
D
Reserve
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following can be treated as capital expenditure?
A
Acquisition of land, building, machinery etc.
B
Amount spent on increasing the Sitting accommodation in picture hall.
C
Expenditure incurred for acquiring the right to carry on a business, for example, patent rights, copyright, goodwill.
D
All of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Information about an item is..... if its ommission or misstatement might influence the financial decision of the users taken on the basis of that information
A
Concrete
B
Complete
C
Immaterial
D
Material
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A technique of lowering risk for multinational companies and globally designed portfolios is classified as
A
national diversification
B
behavioral diversification
C
global diversification
D
behavioral finance
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under section 16(2) of CGST Act how many conditions are to be fulfilled for the entitlement of credit?
A
All the conditions
B
Any two conditions
C
Conditions not specified
D
None of the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cash discount allowed will appear on the..... side of the buyer's account in the books of the seller.
A
debit
B
credit
C
cost
D
none of these
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.is the excess of overheads absorbed over the actual amount of overheads incurred.
A
Over absorption of overheads
B
under absorption of overheads
C
overheads absorption
D
none of these.
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is backbone of all E-payments in E-commerce.
A
EFT
B
EPS
C
PayPal
D
None of these
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What accounts and records are required to be maintained by every registered taxable person at his principal place of business
A
account of production or manufacture of goods
B
inward or outward supply of goods and/or services
C
stock of goods, input tax credit availed & output tax payable and paid
D
All of the above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Better fit between estimated cost and actual observations is represented by
A
variable residual terms
B
smaller residual terms
C
larger residual terms
D
zero residual terms
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The significance of capital budgeting arises mainly due to the
A
Complicacies of Investment decisions
B
Irreversible in nature
C
Large Investment
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।)
Which of the following capital is taken up by the general public?
A
Issued capital
B
Subscribed capital
C
Authorized capital
D
Reserve capital
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which among these is monopolistic trade practice?
A
Unreasonably limiting competition
B
Manufacturing only one product
C
Limiting technical Development
D
Selling only one product
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The building used by the professional is called..... office.
A
Quiet
B
Sound
C
Big
D
Small
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Expenditure incurred annually on renewal of patent is a
A
Revenue expenditure
B
Capital expenditure
C
Financial expenditure
D
Operating expenditure
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A..... is the set of planned activities designed to result in a profit in a marketplace.
A
business model
B
profit model
C
business plan
D
revenue model
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Value of net income is Rs 124, 500, 000 and common shares outstanding are Rs 60, 000, 000 then earning per share will be
A
Rs 2.75
B
Rs 0.48
C
Rs 2.08
D
Rs 2.80
There are 20 questions to complete.

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