Commerce online quiz 242

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Aspects of accounting for scrap includes
A
physical tracking
B
non-inventoriable costing
C
inventory costing
D
both a and c
Question 2
First ranked product, in incremental revenue allocation method, is classified as
A
primary product
B
First incremental product
C
Second incremental product
D
Third incremental product
Question 3
Percentage of variation in Y explained by X is measured by
A
coefficient of residual
B
coefficient of prediction
C
coefficient of determination
D
coefficient of index
Question 4
An interest rate which is paid by money borrower and charged by lender is considered as
A
annual rate
B
periodic rate
C
perpetuity rate of return
D
annuity rate of return
Question 5
.. is the assessment of the relative worth of jobs within a company whereas.is the assessment of the relative worth of man behind the job.
A
Job evaluation, merit rating
B
job analysis, job evaluation
C
job analysis, merit rating
D
none of these
Question 6
In adjustment issues and data collection, inflation affects the
A
cost driver and cost
B
cost object and cost
C
heterogeneous cost
D
homogenous cost
Question 7
Cost accounting was developed because of the.....
A
limitations of the financial accounting
B
limitations of the management accounting
C
limitations of the human resource accounting
D
limitations of the double entry accounting
Question 8
Banks can avail refinance against loans made to industrial units from
A
DICGC
B
NABARD
C
ECGC
D
IDBI
Question 9
To submit the audit report is-
A
Right of Auditor
B
Liability of Auditor
C
Duty of Auditor
D
All of these
Question 10
The stock turnover ratio is....
A
Financial ratio
B
Activity ratio
C
Solvency ratio
D
Profitability ratio
Question 11
The life cycle concept places particular emphasis on risks. For management in any firm, of failing to cultivate invention and innovation" this statement refers to
A
Product Cost Plan
B
Market Segmentation
C
Product Life Cycle
D
Product Price Policy
Question 12
A company sells its stock shares for raising more equity capital is classified as
A
dealer communication offering
B
seasoned equity offering
C
electronic equity offering
D
electronic order offering
Question 13
Types of option markets do not include
A
European option
B
American option
C
expiry option
D
covered options
Question 14
Equity shareholders are the.....
A
owners of the company
B
creditors of the company
C
debtors of the company
D
directors of the company
Question 15
..process loss should be transferred to costing profit & loss account.
A
Abnormal
B
normal
C
both a& b
D
none of these
Question 16
Cheque is payable on
A
Usance
B
Demand
C
After sight
D
fixed future date
Question 17
A receipt is a revenue receipt because
A
The amount is small
B
It is received in the accounting year
C
It related to the routine activity of business,
D
All of these.
Question 18
What is the full form of SWOT?
A
Strengths, Weaknesses, Opportunities and Threats
B
Software Warehousing of Threats
C
single optimism technique
D
none of these
Question 19
Bonds with deferred call have protection which is classified as
A
provision protection
B
provision protection
C
deferred protection
D
call protection
Question 20
Life insurance in its present form came to India from.....
A
The United Kingdom
B
The USA
C
Canada
D
Germany
There are 20 questions to complete.

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