Commerce online quiz 253

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।)
If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are
A
1800 units
B
1500 units
C
1300 units
D
1500 units
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
X draws a bill on Y. X endorsed the bill to Z. Who is the Payee
A
X
B
Y
C
Z
D
None of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An outstanding bonds are also classified as
A
standing bonds
B
outdated bonds
C
dated bonds
D
seasoned bonds
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If relevant opportunity cost of capital is $2950 and relevant carrying cost of inventory is $6700, then relevant incremental cost will be
A
$9, 650
B
$2, 350
C
$3, 750
D
$2, 750
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be
A
0
B
1
C
1.5
D
2
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
This is the Government's strategy in respect of public expenditure and revenue which have a significant impact on business
A
Monetory Policy
B
Fiscal Policy
C
Trade Policy
D
Foreign exchange policy
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Consider the following
  1. Pricing objective
  2. Pricing methods
  3. Pricing strategies
  4. Pricing decision
Arrange them in correct sequence
A
(i), (iii), (ii), (iv)
B
(i), (iv), (iii), (ii)
C
(ii), (i), (iv), (iii)
D
(iv), (ii), (iii), (i)
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Input tax credit on capital goods and Inputs can be availed in
A
In thirty six installments
B
In twelve installments
C
In one installment
D
In six installments
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The cost of one thing in terms of the alternative given up is called
A
Real cost
B
Production cost
C
Physical cost
D
Opportunity cost
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Partnership may come into existence by-
A
The operation of law
B
An express agreement only
C
An express or implied agreement only
D
Inheritance of property
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The power to issue order for arrest will be vested upon?
A
Commissioner of CGST/SGST
B
Joint Commissioner of CGST/SGST
C
Deputy Commissioner/Assistant Commissioner of CGST/SGST
D
Any of the Above
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Non-economic activities aim at.....
A
social service
B
profit maximization
C
consumer satisfaction
D
wealth
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When the Cross Price Elasticity of demand between two goods is zero then those goods are called?
A
Independent goods
B
Luxury goods
C
Substitute goods
D
Complementary goods
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If you need to transfer money to another person via the internet, which of the following methods could you use?
A
financial cybermediary
B
electronic check
C
electronic bill presentment and payment
D
all of the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The most popular type of media in terms of total hours of consumption per year is.....
A
television
B
radio
C
Internet
D
newspaper
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Risk of doing business in particular country and arises from foreign investments is classified as
A
country risk
B
foreign risk
C
proffered risk
D
common risk
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following errors are not disclosed by Trial Balance?
A
Compensatory Errors
B
Errors of Principle
C
Errors of Omission
D
All the three
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Number of units are 5000 and per unit price is $60, then flexible budget variable would be
A
$5, 000, 000
B
$3, 000, 000
C
$2, 000, 000
D
$1, 000, 000
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is the largest online travel service?
A
Travelocity
B
Orbitz
C
Priceline
D
Expedia
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When output of earlier process is transferred at a profit to the subsequent process, it is.....
A
inter departmental profit
B
abnormal gain
C
inter process profit
D
manufacturing profit
There are 20 questions to complete.

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