10000 MCQ /questions on commerce questions answers
Which of the following is not followed in capital budgeting?
Cash flows principle
Interest Exclusion Principle
Hawthorne studies have underlined the significance of which of the following?
System approach to management
Contingency approach to management
Modern approach to management
Human relations approach to management.
If an actual indirect cost incurred is $25000 and indirect cost allocated is $23000, then over allocated indirect cost would be
Standard cost is a.....cost
Industry and commerce
Trade and commerce
Selling and buying of goods
Abnormal cost is the cost:
Cost normally incurred at a given level of output
Cost not normally incurred at a given level of output
Cost which is charged to customer
Cost which is included in the cost of the product
An operation in order to protect the domestic currency value of an asset or a liability that is denominated in foreign currency is called as
The details submitted by the outward supplier in Form GSTR 1 shall be furnished to the recipient compounding dealer in form
An expenditure is a capital expenditure because
The amount is large
It is intended to benefit the current period
it is intended to benefit the future period
All of these.
According to the credit tranche policy of the IMF, credit is made available in
Five tranches, each equivalent to 20% of country's qouta
Four tranches, each equivalent to 25% of country's quota
Ten tranches, each equivalent to 10% of country's SDRs
Four tranches, each equivalent to 25% of country's SDRs
The assets are Rs. 48, 000 and liabilities are Rs, 18, 000. The total of the liability side of the balance sheet will be.....
Who is responsible for accountability for any contravention under this Act?
What happens to duties and taxes paid on goods which are returned within six months form the appointed date?
Revise old return and claim reduction in output liability
Claim refund of taxes paid earlier on such goods
Claim re-credit of taxes paid under earlier law as input tax credit under GST law
Revise the first GST return and claim the credit of taxes paid under earlier law
..... means a method of filing while indexing.
In how many years will Rs. 9, 000 become Rs. 10, 890 at the rate of 6% simple interest?
3 years 6 months
Karl Pearson's coefficient of correlation is based on the assumption by
None of the above
What is the restriction set forth to the National President or State President or Members after ceasing to hold the office of a Tribunal?
No right to appear before the National Tribunal or its branch at each states or UT being an A/R
No Such Restrictions at all
Restrictions only in the native state of the Tribunal Members
Restrictions only to appear before the National Bench of the Tribunal
Which of the following types of accounts are known as "Demat Accounts"?
Zero Balance Accounts
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
Accounts in which shares of various companies are traded in electronic form
Accounts which are operated through internet banking facility
The threat of new entrants is high when it is:
Hard for customers to enter the market
Hard for competitors to enter the market
Easy for competitors to enter the market
Easy for customers to enter the market
The method used for transferring complex technology is
Training of experts
None of these
There are 20 questions to complete.