Commerce online quiz 208

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Stock in large companies and own by people who are not active in management is classified as
A
self-held stock
B
privately held stock
C
publicly held stock
D
enactive held stock
Question 2
Purchase account will always have..... balance
A
debit
B
credit
C
no balance
D
None of the above
Question 3
Which is deferred revenue expenditure?
A
expenditure on specific research and development,
B
expenses on purchase of patents
C
legal expenses on purchase of trademarks,
D
heavy repairs on used mechanize at the time of purchase.
Question 4
Redundant navigation refers to.....
A
pages that work, load quickly, and point the customer toward your product offerings
B
simple, fool-proof navigation
C
a site working with the most popular browsers
D
alternative navigation to the same content
Question 5
Which of the statement on Islamic banking is incorrect?
  1. Islamic banking is only for Muslims
  2. Islamic banking activity do not allow paying and receiving of interest
  3. Islamic banking promotes the principle of
A
Only 1
B
Only 2
C
Only 3
D
Both 2 and 3
Question 6
Market risk is best measured by the.....
A
alpha
B
beta
C
standard deviation
D
coefficient of variation
Question 7
In how many days from the registration, the first Auditor of the company be appointed?
A
10
B
20
C
30
D
60
Question 8
What is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e-commerce or commerce-related activities?
A
Direct marketplace
B
B2B
C
B2C
D
Electronic marketplace
Question 9
Accumulated profit is shown as a liability in the balance sheet. Which accounting concept is behind such a treatment?
A
Going concern
B
Business entity
C
Accrual
D
Accounting period
Question 10
The kinked demand curve model of oligopoly assumes that
A
Response to a price increase is less than the response to a price decrease
B
Response to a price increase is more than the response to a price decrease
C
Elassticity of demand is constant regardless of whether price increases or decreases
D
Elasticity of demand is perfectly elastic if price increases and perfectly inelastic if price decreases
Question 11
Risk affects any firm with factors such as war, recessions, inflation and high interest rates is classified as
A
diversifiable risk
B
market risk
C
stock risk
D
portfolio risk
Question 12
Which of the following does not appear in Balance sheet?
A
Building
B
Cash
C
Goodwill
D
Rent expenses
Question 13
The instrument which provides proprietary interest in company and which entitles a person to dividend on profits, is called?
A
Bond
B
Share
C
Debenture
D
Warrant
Question 14
Which book was written by Dadabhai Nauroji on Indian Poverty and Economic order before Independence?
A
Notes on Poverty in British Rule in India
B
Indian Economy in British India
C
Poverty and Un-British Rule in India
D
Poverty in British India
Question 15
The objective of financial accounting is to ascertain----for a particular period.
A
profit
B
loss
C
transactions
D
profit or loss
Question 16
RBI Provides..... for meeting day-to-day receipt and expenditure mismatch to both Central and State Governments.
A
Treasury bills
B
Ways and Means advance
C
Date and securities
D
All the above
Question 17
Delegation of authority signifies the delegation of-
A
Authority
B
Responsibility
C
Both of the above
D
None of the above
Question 18
In..each job is a cost unit to which all costs are assigned.
A
Batch costing
B
Job costing
C
process costing
D
operation costing
Question 19
Indifference curves are convex to the origin because
A
Two goods are perfect substitutes
B
Two goods are imperfect substitutes
C
Two goods are perfect complementary goods
D
None of the above
Question 20
Consider the following statements: 1. There is no Universal Banking practice in India 2. Universal Banking leads to loss in specialization 3. NBFCs are also called as Shadow banks
A
1, 2 correct
B
2, 3 correct
C
1, 3 correct
D
All the above
There are 20 questions to complete.

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