Commerce online quiz 216

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The charter of a company which defines the limitations and powers of the company is called
A
The memorandum of association
B
Articles of association
C
Statutory report
D
Certificate of commencement
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following will be debited if a business purchases goods on credit?
A
Cash
B
Debtor
C
Creditor
D
Purchases
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Market risk and diversifiable risk are two components of
A
stock's risk
B
portfolio risk
C
expected return
D
stock return
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The most common form of securing channels is through.....
A
S-HTTP
B
VPNs
C
SSL
D
PPTP
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
For the purpose of section 141 goods removed shall qualify as?
A
Semi-finished goods in the hands of manufacturer
B
Finished goods requiring further process
C
Inputs removed as such or after processing
D
None of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Increasing interest rates
A
discourage corporate investments.
B
discourage individuals from saving.
C
encourage corporate expansion.
D
encourage corporate borrowing.
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is a double entry for deprecation expenses?
A
Accumulated depreciation Debit and depreciation expenses Credit
B
Depreciation expenses Debit and accumulated depreciation Credit
C
Cash Debit and Depreciation expenses Credit
D
Depreciation expenses Debit and Cash Credit
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The last date for declaring the details of a Credit Note issued on 25-Jun-2018 for a supply made on 19-Sep-2017 is:
A
31-Dec-2018-Actual date for filing annual return
B
20-Jul-2018
C
20-Sep-2018
D
20-Oct-2018
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When a company uses debt fund in its financial structure, it will lead to a change in
A
Financial leverage
B
Operating leverage
C
Money market leverage
D
Stock market leverage
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Purchase of office equipment for cash will be recorded on which side of a cash book?
A
Receipts
B
Payments
C
Incomes
D
Expenditures
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
With regard to the rate of return on investment (ROI), which one of the following statements is not valid?
A
It is an overall indicator of the profitability of an enterprise
B
It is a triangular relationship in the sense that ROI = Profit margin*Asset turnover
C
It is a superior measure compared to the cash flow generated per share
D
It was first developed by Dupont, USA
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Secretary of a Company should file copies of Special Resolution passed at Extraordinary General Meeting to the Registrar of Companies within-
A
7 days
B
14 days
C
21 days
D
30 days
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A special Audit is conducted by:
A
The CGST Officials
B
The SGST Officials
C
CA or Cost Accountant nominated by the Commissioner
D
Any of the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The existence of a Partnership Firm is-
A
Separate from partners
B
Not separate from partners
C
Both (A) and (B)
D
None of the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An Unique Identity Number will be allotted to the following persons upon submitting an application:
A
All the taxable persons can apply.
B
Only unregistered persons can apply.
C
Specialized agency of the UNO or any multilateral financial institution or consulate or embassy of foreign countries.
D
No such concept under CGST/SGST Act.
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Room/day is the cost unit used in.....
A
Hotels
B
hospital
C
schools
D
none of these
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In a monopoly market, an upward shift in the market demand results in a new equilibrium with
A
A higher quantity and a lower price
B
A higher quantity and the same price
C
A higher quantity and higher price
D
All of the above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The credit balance of bank account indicates
A
Balance in bank
B
Amount payable by the bank
C
Amount payable to the bank
D
None of these
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
How will the goods and services be classified under GST regime?
A
SAC/HSN Code
B
HSN Code
C
SAC Code
D
GST Code E. None of above
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A techniques uses to identify financial statements trends are included
A
common size analysis
B
percent change analysis
C
returning ratios analysis
D
Both A and B
There are 20 questions to complete.

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