Commerce online quiz 223

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।)
Which of the following is not followed in capital budgeting?
A
Cash flows principle
B
Interest Exclusion Principle
C
Accrual Principle
D
Post-tax Principle
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Hawthorne studies have underlined the significance of which of the following?
A
System approach to management
B
Contingency approach to management
C
Modern approach to management
D
Human relations approach to management.
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If an actual indirect cost incurred is $25000 and indirect cost allocated is $23000, then over allocated indirect cost would be
A
$48, 000
B
($2, 000)
C
$2, 000
D
($48, 000)
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Standard cost is a.....cost
A
Predetermined
B
historical
C
actual
D
final
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Business means.....
A
Commerce
B
Industry and commerce
C
Trade and commerce
D
Selling and buying of goods
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Abnormal cost is the cost:
A
Cost normally incurred at a given level of output
B
Cost not normally incurred at a given level of output
C
Cost which is charged to customer
D
Cost which is included in the cost of the product
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
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
A
Hedging
B
Hermes
C
Indexation
D
Leading
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The details submitted by the outward supplier in Form GSTR 1 shall be furnished to the recipient compounding dealer in form
A
GSTR 4A
B
GSTR 5A
C
GSTR 2A
D
GSTR 6A
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An expenditure is a capital expenditure because
A
The amount is large
B
It is intended to benefit the current period
C
it is intended to benefit the future period
D
All of these.
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
According to the credit tranche policy of the IMF, credit is made available in
A
Five tranches, each equivalent to 20% of country's qouta
B
Four tranches, each equivalent to 25% of country's quota
C
Ten tranches, each equivalent to 10% of country's SDRs
D
Four tranches, each equivalent to 25% of country's SDRs
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The assets are Rs. 48, 000 and liabilities are Rs, 18, 000. The total of the liability side of the balance sheet will be.....
A
48000
B
44000
C
45000
D
46000
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who is responsible for accountability for any contravention under this Act?
A
Principal
B
Job-worker
C
Manufacturer
D
No-body
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What happens to duties and taxes paid on goods which are returned within six months form the appointed date?
A
Revise old return and claim reduction in output liability
B
Claim refund of taxes paid earlier on such goods
C
Claim re-credit of taxes paid under earlier law as input tax credit under GST law
D
Revise the first GST return and claim the credit of taxes paid under earlier law
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... means a method of filing while indexing.
A
Classification
B
Trays
C
Page Index
D
Visible Books
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In how many years will Rs. 9, 000 become Rs. 10, 890 at the rate of 6% simple interest?
A
3 years
B
3 years 6 months
C
4 years
D
2 years
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Karl Pearson's coefficient of correlation is based on the assumption by
A
Normality
B
Platykurtic
C
Leptokurtic
D
None of the above
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the restriction set forth to the National President or State President or Members after ceasing to hold the office of a Tribunal?
A
No right to appear before the National Tribunal or its branch at each states or UT being an A/R
B
No Such Restrictions at all
C
Restrictions only in the native state of the Tribunal Members
D
Restrictions only to appear before the National Bench of the Tribunal
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following types of accounts are known as "Demat Accounts"?
A
Zero Balance Accounts
B
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
C
Accounts in which shares of various companies are traded in electronic form
D
Accounts which are operated through internet banking facility
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The threat of new entrants is high when it is:
A
Hard for customers to enter the market
B
Hard for competitors to enter the market
C
Easy for competitors to enter the market
D
Easy for customers to enter the market
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The method used for transferring complex technology is
A
Trunkey contracts
B
Licensing agreements
C
Training of experts
D
None of these
There are 20 questions to complete.

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