10000 MCQ /questions on commerce questions answers
In India, Liberalisation & Privatisation began from
What is the validity of challan in FORM GST PMT-06?
Direct manufacturing labour costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be
What is the legal protection afforded an expression of an idea, such as a song, video game, and some types of proprietary documents?
Fair Use Doctrine
.arises where the actual process loss is less than the normal predetermined process loss.
none of these
The communication standard for sharing business documents and settlement information that emerged in the 1970s is called.....
Cost pattern, when production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as
continuously variable cost function
fixed cost function
mixed cost function
semi variable cost function
Which is NOT a cause of shift in cost curves of a firm?
Prices of inputs
Increase in productivity
Price of product
Falling interest rate leads change to bondholder income which is
reduction in income
increment in income
Is it obligatory on the part of the Department to take on record the assessee's representation during adjudication and issue of order?
At proper officer's discretion
If requested by notice
depreciation of an asset of Rs.40, 000 at the rate of 10% per annum at the end of third year is..... on using reducing balance method
Comparing Rowan plan and Halsey plan, it is seen that when the time saved is less than 50% of the standard time.....
Rowan plan allows more wages to a worker than Halsey plan
Rowan plan allows less wages to a worker than Halsey plan
Rowan and Halsey plan allow equal wages to a worker
Rowan plan and Halsey plan are equal to ordinary time wage
Appointment of a Company Secretary is made by-
Board of Directors
Economic development can be best measured by?
increase in Gross National Income
Growth in real per capita in GNP
Faster capital formation
Union leaders are in better position to bargain for higher wages if demand for labour is
The assets which have a limited useful life are termed as
None of the above
The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? 1 Other bank retains their deposits with the RBI. 2 The RBI lends funds to the commercial banks in times of need. 3 The RBI advises the commercial banks on
2 and 3 only
1 and 2 only
1 and 3 only
1, 2 and 3
Which of the following is an Internet-based company that makes it easy for one person to pay another over the Internet?
electronic bill presentment and payment
The closing balance of petty cash book is considered as
In inter process profits, the output of one process is transferred from one process to another not at.....but at.....
Market price, actual cost
Actual cost, market price
both a& b
none of these
There are 20 questions to complete.