10000 MCQ /questions on commerce questions answers
An error term, disturbance term or residual term is calculated as
Formula of calculation of wages under Halsey Premium System is
R + %(S-T)R
R x S x T
S-T x T x R
T x R+ % (S-T) R
Under GST, Insurance is taxed..... percent.
18% E. 28%
First step in developing an operating budget is to
The double entry concept is that
assets + liabilities = capital
capital-liability = asset
capital = assets-liabilities
none of the above.
Shares traded through stock exchanges are called.....
A, B, and C are partners in a business. A invested Rs. 10, 000 for 5 months, B invested Rs. 20, 000 for 3 months and C invested Rs. 25, 000 for 4 months. In the end business resulted in a profit of Rs. 6, 300. The share of partners will be as under-
A Rs. 2, 000, B Rs. 1, 300, C, Rs. 3, 000
A Rs. 1, 500, B Rs. 1, 800, C, Rs. 3, 000
A Rs. 3, 000, B Rs. 1, 500, C, Rs. 1, 800
A Rs. 1, 800, B Rs. 1, 500, C, Rs. 3, 000
The cost of.....process loss is absorbed in the cost of production of good units.
Both (A) and (B)
none of these
In accounting, transactions and events which are of----are recorded.
None of these
F. W Taylor's important writing includes
Principle of scientific management
Both A and B
None of the above
Which factor determines when your IT system will be available for knowledge workers to access?
None of the above
TQM is a system of continuous improvement employing participative management and centered on needs of the.....
.....costing is a type or technique of costing.
Partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called
Which of the following statements accurately reflect the impact of technology?
Technology has caused buyer power to increase
Technology has lessened the entry barriers for many industries
Technology has increased the threat of substitute products and services
all of the above
For..... goods, increase in income leads to increase in demand.
The consumer is in equilibrium at a point where the budget line
Is above an indifference curve
Is below an indifference curve
Is tangent to an indifference curve
Cuts an indifference curve
Current Assets-Current Liabilities =?
Capital + Liabilities = assets
Rate denoted as r* is best classified as
real risk-free interest rate
real-risk free nominal rate
real-risk free quoted rate
real-risk free nominal premium
Supply of goods in the course of import of territory of India is
Inter-state trade or commerce
There are 20 questions to complete.