Commerce online quiz 197

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which of the following account will be credited, if business bought goods on credit from Mr. Z?
A
Purchases account
B
Mr. Z account
C
Cash account
D
Sales account
Question 2
"Parameter" refers to the characteristic of the
A
Population
B
Universe
C
Both
D
None of these
Question 3
Integration of various units of similar character producing similar products or engaged in the same sphere of business activity under a single form of management and control is called:
A
vertical combination
B
horizontal combination
C
circular or mixed combination
D
lateral or allied combination
Question 4
Normal spoilage is subtracted from total spoilage to calculate
A
abnormal spoilage
B
Gross weighted spoilage
C
inventoriable spoilage
D
partial spoilage
Question 5
If any offence involving a tax evasion case of and above Rs.25/-Lakhs is repeated again, what will be the punishment in such a case?
A
5 Years imprisonment and fine
B
3 Years imprisonment and fine
C
2 Years imprisonment and fine
D
1 Years imprisonment and fine
Question 6
The foundation for contemporary supply chain management systems includes all of the following except.....
A
supply chain simplification
B
continuous inventory replenishment
C
ERP systems
D
B2B electronic storefronts
Question 7
If the price of 'X' rises by 10 percent and the quantity demanded falls by 10 percent, 'X' has
A
Inelastic demand
B
Unitarily elastic demand
C
Zero elastic demand
D
Elastic demand
Question 8
To what extent is FDI permitted in the FTWZ?
A
50%
B
60%
C
75%
D
100%
Question 9
Stock portfolio with highest book to market ratios is considered as
A
H portfolio
B
L portfolio
C
S portfolio
D
B to M portfolio
Question 10
..... is a process of taking advantage of differentials in interest rates of two currencies while eliminating exchange risk.
A
Hedging
B
Insurance
C
Covered-Interest Arbitrage
D
Exposure
Question 11
Variable cost per unit....
A
Remains constant
B
varies
C
decreases
D
increases
Question 12
Place of supply of goods when supply involves movement of goods?
A
location of the goods at the time at which the movement of goods terminates for delivery to the recipient
B
location of the goods at the time at which movement of goods commences for delivery to the recipient
C
location of the principle place of business of the supplier
D
location of the principle place of business of the recipient
Question 13
Company who sells products to customer without demanding immediate payment but record it in balance sheet as
A
account payable
B
account receivable
C
account equivalent
D
account investment
Question 14
The company's cost of capital is called.....
A
Leverage
B
Hurdle rate
C
Risk rate
D
Return rate
Question 15
Distribution which are not obtained by actual observation but are deduced mathematically under certain definite hypothesis or assumptions are called
A
correlation analysis
B
theoretical frequency distribution
C
regression analysis
D
mean and average
Question 16
Relationship between cost and cost driver is economically plausible if goodness of fit
A
has meaning
B
has no meaning
C
has index values
D
has no index values
Question 17
In the short run if a perfectly competitive firm finds itself operating at a loss, it will
A
Reduce the size of its plant to lower fixed costs
B
Raise the price of its product
C
Shut down
D
Continue to operate as long as it covers its variable cost
Question 18
In the industrial policy resolution 1956 the number of industries reserved for private sector were
A
12
B
15
C
18
D
None of these
Question 19
The maximum Statutory Liquidity Ratio to be maintained by banks is.....:
A
25%
B
30%
C
35%
D
40%
Question 20
.....is concerned with the interrelationships between security returns.
A
random diversification
B
correlating diversification
C
Friedman diversification
D
Markowitz diversification
There are 20 questions to complete.

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