Commerce online quiz 252

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 statements is 'True'?
A
Building Account is a nominal account
B
Outstanding rent account is a non-personal account
C
Every debit has a corresponding credit
D
Income is debited
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Difference between budgeted amounts and actual results is classified as
A
standard deviation
B
variances
C
mean average
D
weighted average
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The date by which the GSTN will auto populate the statement of inward supplies based on GSTR-1 at the end of the recipient of the supplies?
A
On 11th of the Next Month
B
On 15th of the Next Month
C
On 17th of the Next Month
D
On 20h of the Next Month
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A cash deposit made by business appears on the bank statement as..... balance
A
Debit
B
Credit
C
Expenses
D
Liability
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Amount spent on an advertisement campaign, the benefit of which is likely to last for three years is a
A
Capital expenditure
B
Revenue expenditure
C
Deferred revenue expenditure
D
None of the above
Question 6 (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 true about claiming refund of service tax under section 142?
A
Service tax is deposited under earlier law
B
Provision of service is complete under earlier law
C
Refund of service tax would be in cash
D
Refund claim should be within the time limit under section 11B(2) of the Central Excise Act, 1944
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 is not an intangible asset
A
stock
B
goodwill,
C
trade mark
D
patents.
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which is the problem of marketing communication?
A
Distance
B
Hidden sources and data
C
Lack of trust
D
All of the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Interest on Saving Bank deposits is calculated on the basis of.....with effect from 1st April 2010.
A
Daily Product basis
B
Minimum balance between 5th and last day of the month.
C
Minimum balance between 10th and last day of the month.
D
Monthly Product basis
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
TQM's major emphasis is on
A
Company profitability
B
Product quality
C
Customer delight
D
Employee training
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A competitive firm maximizes profit at the output level where
A
Price equals marginal cost
B
The slope of the firm's profit function is equal to zero
C
Marginal revenue equals marginal cost
D
All of the above
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
One of the items is not related with e-banking
A
Demand draft
B
SPMS
C
ECS
D
ATM
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is a useful security mechanism when considering business strategy and IT?
A
encryption
B
decryption
C
firewall
D
all the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Project which is started by firm for increasing sales is classified as
A
new expansion project
B
old expanded project
C
firm borrowing project
D
product line selection
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The documents called for should be provided within.....
A
20 working days
B
15 working days
C
5 working days
D
45 working days
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
According to capital asset pricing model assumptions, quantities of all assets are
A
given and fixed
B
not given and fixed
C
not given and variable
D
given and variable
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost of abnormal wastage is:
A
Charged to the product cost
B
Charged to the profit & loss account
C
charged partly to the product and partly profit & loss account
D
not charged at all
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Elasticity of supply refers to the degree of responsiveness of supply of a commodity to changes in its
A
Demand
B
Price
C
Cost of production
D
State of technology
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In a marine insurance, when must the insurable interest exist?
A
At the time of making contract
B
At the time of loss of subject matter
C
Both at the time of making contract and at the time of loss of subject matter
D
At the time of termination of the policy
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Positive income elasticity implies that as income rises, demand for the commodity
A
Rises
B
Falls
C
Remains unchanged
D
Becomes Zero
There are 20 questions to complete.

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