Commerce online quiz 187

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।)
Interim Dividend is shown-
A
In Profit and Loss Account
B
In Profit and Loss Appropriation Account
C
On Asset side of Balance Sheet
D
On Liabilities side of Balance Sheet
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Wages paid to a labour who was engaged in production activities can be termed as.....
A
direct cost
B
indirect cost
C
sunk cost
D
imputed cost
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Revenue is generally recognized as being earned at the point of time
A
sale is made and ownership of goods transferred
B
cash is received
C
production is completed
D
sales are effected or cash is received, whichever is earlier.
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Two mutually exclusive projects with different economic lives can be compared on the basis of
A
Internal Rate of Return
B
Profitability Index
C
Net Present Value
D
Equivalent Annuity value
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The amount brought in by the proprietor in the business shall be credited to
A
Cash account
B
Capital account
C
Drawings account
D
None of these
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The assessment made on occasion of the failure of a dealer to compute the taxable value or to make correct classification of the supplies based on a specific rate of tax is termed as:
A
Self assessment
B
Provisional Assessment
C
Best Judgment Assessment
D
Protective Assessment
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Debit note is the basis for recording a transaction in which of the following journals?
A
General journal
B
Cash journal
C
Purchase journal
D
Purchase return journal
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the actual loss is more than the estimated normal loss, then it is.....
A
abnormal loss
B
normal loss
C
seasonal loss
D
abnormal gain
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The integration of the computer with manufacturing is called
A
CAM
B
CAD
C
Computer Integrated Manufacturing
D
All of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Government Securities are not issued through-
A
Auction
B
Contract
C
Sale
D
Private placement with the RBI
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Investors seeking to avoid actively managing their portfolios will prefer which of the following assets?
A
Common stock
B
Commercial bank deposits
C
Financial futures
D
Real estate
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Modified rate of return and modified internal rate of return with exceed cost of capital if net present value is
A
positive
B
negative
C
zero
D
one
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Many times we read the term 'ECB' in newspapers. What is the full form of 'ECB'?
A
Essential Commercial Banking
B
European Credit Borrowing
C
External Credit For Business
D
External Commercial Borrowing
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Given that current liabilities are at Rs. 300, 000, current ratio is 3:1 and quick ratio is 1:1, the value of stock will be:
A
Rs. 600, 000
B
Rs. 1, 600, 000
C
Rs. 900, 000
D
Rs. 12, 00, 000
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Depletion method of depreciation is used in case of-
A
Cattle, Loose Tools, etc.
B
Mines, Quarries, etc.
C
Machinery, Building, etc.
D
Books
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The return on investment (ROI) may be calculated as
A
Net profit before interest, tax and dividend / Capital employed
B
Net profit after interest, tax and dividend / Shareholder's fund
C
( Net profit-preference dividend )/ No. of equity shares
D
Return on Investment / Net profit ratio
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
According to Malthus, population increases by progression of which kind?
A
Systematic
B
Arithmetic
C
Geometric
D
Automatic
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In corporation characteristics, an easy transferring and division of stock of shares is classified as
A
ownership interest transferability
B
deceased transferability
C
shared division
D
deceased division
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The cost of a small calculator is treated as an expense and not shown as an asset in a financial statement of a business entity due to
A
Materiality concept
B
Matching concept
C
Periodicity concept
D
Conservatism concept
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following has asked all the banks to form customer service panels at branch levels?
A
SEBI
B
IBA
C
RBI
D
FICCI
There are 20 questions to complete.

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