Commerce online quiz 215

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Procedure of assigning direct cost to any cost abject is classified as
A
sales allocation
B
cost tracing
C
cost allocation
D
sales tracing
Question 2
Who of the below, even if not registered, is required to maintain records
A
Owner of warehouse
B
Owner of godown
C
Owner of any other place used for storage of goods
D
All the above
Question 3
Standard deviation is 18% and coefficient of variation is 1.5% an expected rate of return will be
A
27.00%
B
12.00%
C
19.50%
D
none of above
Question 4
Under ABC method of material control, the material are classified according to.....
A
its value
B
its usage
C
its nature
D
its availability
Question 5
Operating leverage x financial leverage=.....
A
Combined Leverage
B
Financial Combined Leverage
C
Operating Combined Leverage
D
Fixed leverage
Question 6
Indirect material scrap is adjusted along with.....
A
prime cost
B
factory cost
C
labour cost
D
cost of goods sold
Question 7
Which is not a insurable risk?
A
Accident Risk
B
Loss of Crops Risk
C
The Risk of Trading in New Market
D
The Risk of Sinking of a Ship
Question 8
Price elasticity of demand provides
A
A measure of the responsiveness of the quantity demanded to changes in the price of the product, holding constant the values of all other variables in the demand function.
B
A technical change in the goodwill of the firm
C
A technical change in the cost of product
D
Technical change in the value.
Question 9
Du Pont Analysis deals with
A
Analysis of Current Assets
B
Analysis of Profit
C
Capital Budgeting
D
Analysis of Fixed Assets.
Question 10
Which of the following companies do not have the obligation to get its Articles of Association registered along with the Memorandum of Association?
A
Public Company limited by shares
B
Unlimited companies
C
Private companies limited by shares
D
Companies limited by guarantee
Question 11
Marginal revenue is at the quantity that generates maximum total revenue and negative beyond that point.
A
Zero
B
2
C
1
D
-1
Question 12
An E-commerce operator should get registered irrespective of his threshold limit?
A
Yes
B
No, required to register only if his aggregate turnover exceeds the threshold limit.
C
Yes, if he is located in North-western states.
D
He is required to register if he is liable to collect tax at source and his aggregate turnover exceeds the threshold limit.
Question 13
Second step for estimation of cost function by using quantitative analysis is to
A
choose independent variable
B
choose cost estimation method
C
choose price estimation method
D
choose dependent variable
Question 14
When a partnership is dissolved?
A
In any case of death of any of the partner
B
By mutual consent
C
By insolvency of any of the partner
D
All of above
Question 15
Which is a base of green marketing?
A
Green house gas reduction market
B
Capital Flow
C
Programme
D
Product
Question 16
..... Is the principal book of account
A
journal
B
ledger
C
trial balance
D
none of these
Question 17
A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of the following?
A
The date of incorporation
B
The date at which the company is entitled to commence business
C
The date of actual receipt of certificate of incorporation
D
The date of actual commencement of business
Question 18
Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as
A
debit unions
B
life insurance companies
C
credit unions
D
auto purchases
Question 19
Which of the following is used in B2B to pay for purchases?
A
e-commerce
B
financial electronic data interchange
C
electronic data exchange
D
electronic checks
Question 20
What are the factors which make debentures attractive to investors?
A
They enjoy a high order of priority in the event of liquidation
B
Stable rate of return
C
No risk
D
All of the above
There are 20 questions to complete.

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