10000 MCQ /questions on commerce questions answers
Long term fund sources are.....
correctchoice All of the above
Secondary market consists of
all the stock exchanges (including Over the Counter Exchange of India and National Stock Exchange)
Brokers, sub-brokers, share transfer agents
Depositories/custodians, Depository Participants (Dps), financiers and investors
all of the above
The following is a statement showing the financial status of the comapany at any given time
Profit & Loss statement
CRR funds are kept by the Banks in....:
Cash in hand at branches
Balance with other banks
Balance in a special Account with RBI
Funds in the currency chest
Which of the following characteristics are true, with reference to preference capital?
Preference dividend is not tax deductible
The claim of preference shareholders is prior to the claim of equity shareholders
Preference shareholders are not the owners of the concern
All of the above
Under piece rate system of wage payment, payment is made according to the
Quantity of work done
none of these
Registration of partnership is.....
optional under Indian partnership act
compulsory under the Indian partnership act
compulsory under the income tax act
compulsory under Indian contract act
How much volume of a tax evasion case will be a Cognizable or Non-Bail able Offence in GST?
Tax evasion exceeding Rs.50/-Lakhs
Tax Evasion exceeding Rs.1 Crores
Tax Evasion Exceeding Rs.2 Crores
Tax Evasion exceeding Rs.2.5 Crores
Leading refers to
Advancing of receivables.
Advancing of payables.
Advancing payments either receivables or payables.
Advancing of receivables and delaying of payables.
Strategies in which funds are moved from one MNE operation to another are called
funds positioning techniques
arm's length techniques.
101: What are the limitations of 'money measurement' concept?
Any transaction / event inspite of being very important cannot be recorded in the books of accounts, if it cannot be expressed in money value.
As per this concept, a transaction is recorded at its money value on the date of occurrence and the subsequent changes in the money value are conveniently ignored.
Both (A) and (B)
None of the above
Letter of Credit is presented by-
In specification analysis, assumptions related to linearity states but linearity must be within
In case of goods sent on sale on approval basis, invoice has to be issued:
while sending the goods; another Invoice has to be issued by the recipient while rejecting the goods;
while sending the goods but the recipient can take credit only when the goods are accepted by him;
when the recipient accepts the goods or six months from the date of supply whichever is earlier;
when the recipient accepts the goods or three months from the date of supply whichever is earlier.
Accounting is the process of matching
Benefits and costs
Revenues and costs
Cash inflows and outflows
Potential and real performance
Cash flows occurring with more than one change in sign of cash flow are classified as
non-normal cash flow
normal cash flow
The..... is the first major effort to adjust the copyright laws to the Internet age.
Platform for Privacy Preferences (P3P)
Center for Democracy and Technology
Digital Millennium Copyright Act (DMCA)
E-Government Act of 2002
A bill of material serves the purpose of.....
material issue analysis sheet
none of these
A monopolistic trade practice is deemed to be prejudicial to public interest except when
Authorized by Central Government
Authorized by State Government
Authorized by Supreme Court
None of the above
According to put call parity relationship, call option plus present value of exercise price minus stock is to calculate
present value of option
future value of option
There are 20 questions to complete.