Commerce online quiz 188

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
According to the principle of ''Span of control'' there is:
A
a tendency to overload supervisors with too much of works
B
a limit to the number of subordinates a supervisor can effectively supervise
C
no limit to the number of subordinate a supervisor can supervise
D
a limit to delegation of authority to the subordinate
Question 2
The prescribed normal Show Cause Notice period in the case of an assessment on non-filers of return?
A
7 Days
B
15 Days
C
21 days
D
30 Days
Question 3
''CAMEL model'' is used by.....?
A
Bankers to evaluated a credit proposal
B
Bankers to manage their risks
C
RBI inspectors to evaluate banks functions
D
Merchant Bankers to evaluate portfolio investment
Question 4
Which of the following event is subject matter of Accounting?
A
Death of key executive of the business
B
Strike of workers
C
Payment of Rs.1000 to bank in discharge of outstanding loan
D
Marriage of the daughter of the MD of the company
Question 5
All of the following are major categories of computer viruses except.....
A
Macro viruses
B
File-infecting viruses
C
Script viruses
D
Trojan viruses
Question 6
FEMA stands for.....
A
Foreign Exchange Management Act
B
Funds Exchange Management Act
C
Finance Enhancement Monetary Act
D
Future Exchange Management Act
Question 7
Calculate income elasticity for the household when the income of a household rises by 10% and the demand for Rice rises by 5%.
A
-0.5
B
0.5
C
-2
D
2
Question 8
Which method of filing is useful for those concerns where numbers of letters are small?
A
Pigeon-hole
B
Card board filing
C
Spike
D
Press copy book method
Question 9
Prices of bonds will be decreased if an interest rates
A
rises
B
declines
C
equals
D
none of above
Question 10
Interest on refund amount is required to be paid after expiry of. from the date of receipt of the application
A
60 days
B
90 days
C
180 days
D
240 days
Question 11
An indifference curve slopes down towards right since more of one commodity and less of another result in
A
Same satisfaction
B
Greater satisfaction
C
Maximum satisfaction
D
Decreasing expenditure
Question 12
Human relations approach of management is not associated with
A
Abraham Maslow
B
Peter F. Drucker
C
Elton Mayo
D
Herzberg
Question 13
Costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as
A
carrying costs
B
purchasing costs
C
stock-out costs
D
ordering costs
Question 14
Traditional approach confines finance function only to..... funds
A
raising
B
mobilizing
C
utilizing
D
financing
Question 15
A written agreement signed by all partners is called.....
A
Partnership Deed
B
Partnership agreement
C
Partnership contract
D
Partnership registration
Question 16
Specific day at which bond value is repaid can be considered as
A
valued date
B
repayment date
C
payment date
D
maturity date
Question 17
Privatisation of ownership through sale of equity share is called
A
Denationalisation
B
Disinvestment
C
Contracting
D
None of these
Question 18
Expenses incurred during production other than direct materials and direct labour are called.....factory expenses; those charged to production on estimated basis are called.....
A
Actual, applied
B
applied, actual
C
indirect, direct
D
none of these
Question 19
Balance Sheet of a firm indicates which of the following?
A
Profit or Loss over a period.
B
Financial position of the unit over a period.
C
Financial position of the unit as on a particular date.
D
Position of assets and liabilities over a period of time.
Question 20
Zubair has a special taste for college canteen's hotdogs. The owner of the canteen doubles the prices of hotdogs. Zubair did not respond to the increase in prices and kept on demanding the same quantity of hotdogs. His demand for hotdogs is
A
Perfectly elastic
B
Perfectly inelastic
C
Elastic
D
Less elastic
There are 20 questions to complete.

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