Commerce online quiz 250

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।)
A speculator who expects prices to fall in future and sell securities is called as.....
A
bear
B
bull
C
stag
D
lame duck
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The basic consideration(s) in distinction between capital and revenue expenditure is/are
A
Nature of business
B
Effect on revenue generating capacity of the business
C
Purpose of expenses
D
All of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Weighted average cost of debt, preferred stock and common equity is classified as
A
cost of salvage
B
cost of interest
C
cost of taxation
D
cost of capital
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A firm under perfect competition is
A
Price maker
B
Price breaker
C
Price taker
D
Price shaker
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The following is a statement of revenues and expenses for a specific period of time
A
Trading account
B
Trial Balance
C
Profit & Loss statements
D
Balance Sheet
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The maximum permissible adjournment for personal hearing in a First Appeal or second appeal before the Tribunal will be:
A
Not more than 1
B
Not more than 3
C
Not more than 2
D
Not more than 4
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?
A
Time rate system
B
Piece rate system
C
Halsey premium system
D
Rowan premium plan
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The gap between two General Meetings of the Company should not be more than-
A
12 months
B
18 months
C
15 months
D
20 months
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case of inferior goods, the income elasticity is
A
Zero
B
Positive
C
Negative
D
None
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Package which consists of two or more products to be sold for single price, but components of products in package have separate stand-alone price is called
A
step down product
B
dual mix product
C
bundled product
D
reciprocal product
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the shape of the average fixed cost (AFC) curve?
A
U-shape
B
Horizontal up to a point and then rising
C
Sloping down towards the right
D
Rectangular hyperbola
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which e-government arena is being used when governmental agencies send out and accept bids for work?
A
G2G
B
G2B
C
G2C
D
G2G
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In adjustment issues of costing, database must consider wide range values of
A
fixed object
B
cost driver
C
cost object
D
mixed object
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Situation in financial options in which strike price is less than current price of stock is classified as
A
in-the-money
B
out-of-the-money
C
out-of-the-portfolio
D
in-the-portfolio
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
No journal entry is required to be passed when there is
A
Loss by theft
B
Normal loss
C
Loss of bad debts
D
Abnormal loss of business
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Exercising a degree of caution in the case of judgements needed under the condition of uncertainity is the assumption of which of the following accounting concepts?
A
Matching concept
B
Timeliness concept
C
Accrual concept
D
Prudence concept
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under trading means.
A
Having low amount of working capital
B
High turnover of working capital
C
Sales are less compared to assets employed
D
Low turnover of working capital
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What defines all of the steps or business rules, from beginning to end, required for a process to run correctly?
A
Workflow
B
EIP
C
Workflow system
D
SLA
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A budget which mainly covers items of current revenue and expenditure is called...
A
Programme budget
B
Welfare economics
C
Current budgeting
D
Capital budgeting
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
CGST and SGST will be levied on;
A
Intra-state supply
B
Inter-state supply
C
Import
D
Export
There are 20 questions to complete.

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