Commerce online quiz 205

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Material Costs of each job are determined from
A
Material requisition notes
B
bill of materials
C
both a & b
D
none of these
Question 2
A formula of after-tax component cost of debt is
A
interest rate-tax savings
B
marginal tax-required return
C
interest rate + tax savings
D
borrowing cost + embedded cost
Question 3
Who is the Chairman & Head of the GST Council Meeting?
A
Prime Minister
B
President
C
Union Finance Minster
D
State Finance Minister nominated by GST Council
Question 4
Organisation Theory deals with
A
Forms of business organisation
B
Structure of an organisation
C
Industrial relations
D
Incentives and wage policy
Question 5
Consumers cooperative store is set up by the-
A
Central Government
B
State Government
C
Registrar of Cooperative Societies
D
Members
Question 6
In uneven cash flow, 'IRR' is an abbreviation of an
A
internal rate of return
B
international rate of return
C
intrinsic rate of return
D
investment return rate
Question 7
Situation in which company replaces existing assets with new assets is classified as
A
replacement projects
B
new projects
C
existing projects
D
internal projects
Question 8
Which of the following is/are false regarding capital structure theory as stated by Miller and Modigliani? 1) If agency costs are considered, the expected agency costs increases as the debt-equity ratio decreases. 2) With the given assumptions, there is
A
Only 1st statement
B
Only 2nd statement
C
Both 1st and 3rd statements
D
All the three statements.
Question 9
What will be the upper limit of the compounding fee?
A
Rs.30, 000/-
B
150% of the tax involved
C
Rs.50, 000/-
D
Highest of the above a) or b)
Question 10
In GST before the issuance of the show cause notice for any short tax payment or irregular IPT claim or irregular availing of ITCwithout any fraud, what is the option available to the dealer?
A
Voluntary Discloser Scheme with Compounding
B
Remittance of Tax and interest as ascertained by himself or with the help of the Proper Officer
C
Remittance of Tax, interest and 25% of the tax as penalty as ascertained by himself or with the help of the Proper Officer
D
Remittance of Tax, interest and 50% of the tax as penalty as ascertained by himself or with the help of the Proper Officer
Question 11
Which of the following is the closing balance of a ledger account?
A
Balance c/d
B
Balance b/d
C
Balance e/d
D
Balance f/c
Question 12
Blue Chips Shares mean-
A
Those shares which are listed in Stock Exchange
B
Those shares whose guarantee is given by Government
C
Those shares on whom dividend is paid at higher rate regularly
D
Those shares which are issued at first time
Question 13
New York Stock Exchange and Nada stock market are classified as types of
A
primary stock market
B
equity market
C
secondary stock market
D
public offering market
Question 14
Which is called as Dividend Ratio Method?
A
Dividend Yield Method
B
Debt Equity Method
C
Asset Method
D
Equity Method
Question 15
The overall capitalisation rate and the cost of debt remain constant for all degrees of financial leverage is advocated by
A
Traditional Approach
B
Net Income Approach
C
Net operating Income Approach
D
M-M Approach
Question 16
Paid dividend is Rs 20 and dividend yield is 40% then current price would be
A
60.00%
B
Rs 60.00
C
Rs 50.00
D
2.00%
Question 17
A strategy designed to compete in all markets around the globe is called a..... strategy.
A
scope
B
differentiation
C
cost
D
focus
Question 18
Stock exchange deals with the.....
A
second hand securities
B
issued of equity shares
C
issue of preference shares
D
issue of debentures
Question 19
Which of the following specialized journal records "goods returned by the business"?
A
Purchase journal
B
Sales journal
C
Purchase return journal
D
Sales return journal
Question 20
Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity of a commodity demanded is smaller than the percentage fall in its price
A
Equal to one
B
Greater than one
C
Small than one
D
Zero
There are 20 questions to complete.

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