10000 MCQ /questions on commerce questions answers
Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as
sales value at split off method
joint products value at split off method
constant gross margin percentage NRV method
Gross realizable value method
The office management simply means to.....
Digital signature is a.
Digital id, send as an attachment to a web page/e-mail/message
Is used for verifying the attachments send using web
Both a and b
None of these
The coupon rate is another name for the.....
market interest rate
stated interest rate
yield to maturity
Current liabilities are equal to?
Working Capital $\div$ Current Assets
Working Capital-Current Assets
Current Assets $\div$ Working Capital
Current Assets-Working Capital
The Ola, Uber etc. which facilitates branded services under a Brand Name or trade Name will be Known as:
Contract a/c is.....
a nominal a/c
a real a/c
a personal a/c
either nominal or real a/c
Which of the following is the Accounting equation?
Capital = Assets-Liabilities
Capital = Assets + Liabilities
Assets = Liabilities-Capital
Liabilities = Assets-Capital
All of the following are among the most common categories of spam except.....
Which of the following is an advantage of standard costing?
Facilitates cost control
Determination of variance
All of the above
A company purchased a vehicle for Rs.6000. It will be used for 5 years and its residual value is expected to be Rs.1000. What is the annual amount of depreciation using straight line method of depreciation?
In financial planning, formula MAX [current price of stock-strike price, 0] is used to calculate
option return rate
Goods returned by customer should be debited to which of the following accounts?
Sales income account
Return inward account
Arvind Panagariya the Vice-Chairman of NITI Aayog, what is/ are the correct facts about him?
He was former Chief Economist with the Asian Development Bank.
He was an economics professor at Columbia University.
He also worked for World Bank.
All of these.
Rational traders immediately buy stock when price is
All inputs can be varied in
None of the period
Costing and allocating situation, in which indirect cost allocated amount is less than actually incurred amount is known as
over allocated budget
under allocated budget
under allocated indirect cost
over allocated direct cost
The first Public Sector Bank that launch Instant Money Transfer (IMT) scheme in Mumbai?
Cash and carry arbitrage explains the determination of
Forward Rates for currencies.
Spot rates for currencies.
Both forward and spot rates for currencies.
Penalty for non-execution of forward contracts.
What is an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers?
There are 20 questions to complete.