Commerce online quiz 184

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
During a particular year, farmers experienced a dry weather. If all the otherr factors remain constant, farmers supply curve for wheat will shift
A
Rightward
B
Leftward
C
Upward
D
None of the above
Question 2
An analysis and estimation of cash flows include
A
input data and key output
B
depreciation schedule
C
net salvage values
D
all of above
Question 3
The Additional Demand Made in respect of the earlier laws after the implementation of the GST will be an amount recoverable under:
A
Earlier laws
B
GST
C
Any of the Above
D
Subject to the Option given by the Dealer
Question 4
Is it mandatory to capitalize the capital goods in books of Accounts?
A
Yes
B
No
C
Optional
D
None of the above
Question 5
X and Y are partners sharing profits in the firm in the ratio of 2: 3. Goodwill appears in the books of the firm at Rs. 10, 000. Z joins the firm as new partner for share of profits. His share of Goodwill is estimated to be Rs. 15, 000. The old partners' a
A
Rs 50, 000
B
Rs. 40, 000
C
Rs. 75, 000
D
Rs, 65, 000
Question 6
In simple terms, what does risk assessment ask?
A
What can go wrong?
B
How likely is it to go wrong?
C
What are the possible consequences if it does go wrong?
D
All of the above
Question 7
Based on which of the following concepts, is share capital account shown on the liability side of a balance sheet?
A
Business entity concept
B
Money measurement concept
C
Cost concept
D
Going concern concept
Question 8
The provisions of apportionment of tax also apply to
A
Apportionment of interest
B
Apportionment of penalty
C
Compounding amount realized in connection with tax so apportioned.
D
All of the above
Question 9
The charter of a company is its.....
A
prospectus
B
statement lieu of prospectus
C
memorandum of association
D
articles of association
Question 10
Place of supply of services in relation to mobile connection for pre-paid customers other than through internet shall be.....?
A
Location of supplier
B
Location of recipient
C
Location where such pre-payment is recieved as such vouchers are sold
D
None of these
Question 11
Minimum cash reserves fixed by law constitute.....
A
A percentage of aggregate deposits of the bank
B
A percentage of aggregate loans and advances of the bank
C
A percentage of capital & reserves of the bank
D
All of the above
Question 12
For open-end classes, the most appropriate measure of dispersion?
A
Range
B
Quartile deviation
C
Mean deviation
D
Standard deviation
Question 13
These are kinds of rent EXCEPT
A
Differential rent
B
Scarcity rent
C
Mobility rent
D
Location rent
Question 14
High portfolio return is 6.5% and low portfolio return is 3.0% then HML portfolio will be
A
2.16%
B
9.50%
C
3.50%
D
0.4615 times
Question 15
Ratios which relate firm's stock to its book value per share, cash flow and earnings are classified as
A
return ratios
B
market value ratios
C
marginal ratios
D
equity ratios
Question 16
EBIT is usually the same thing as.
A
funds provided by operations
B
earnings before taxes
C
net income
D
operating profit
Question 17
Life Insurance is a contract of which one of the following?
A
Indemnity
B
Guarantee
C
Contribution.
D
Subrogation
Question 18
Discount allowed is a kind of deduction from
A
Account Payable
B
Account Receivable
C
Cash account
D
Discount account
Question 19
Value of option which is considered as its worth as soon as it is expired is classified as
A
minimum option value
B
minimum value
C
maximum value
D
exercise value
Question 20
Under which Act GST was introduced?
A
100
B
101
C
102
D
103 E. 104
There are 20 questions to complete.

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