Commerce online quiz 258

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
.. is used primarily for control of spare parts.
A
ABC Analysis
B
JIT Inventory System
C
VED Analysis
D
Perpetual Inventory System
Question 2
At the point of equilibrium of firm (under perfect competition)
A
MC curve must be rising
B
MC curve must be falling
C
MR cure must be rising
D
None of the above
Question 3
Bond call provision that is not practiced even after several years of issuance is classified as
A
original provision
B
deferred call
C
deferred provision
D
permanent provision
Question 4
An increase in the current account deficit will place..... pressure on the home currency value, other things equal
A
upward.
B
downward
C
no
D
upward or downward
Question 5
Dealers not eligible for Opting Compounding Scheme
A
Exporters
B
Importers
C
Interstate Suppliers and those liable to remit Tax on Reverse Charge Basis
D
Manufacturing dealers
Question 6
Health care premium for workers and pension costs are included in
A
payroll fringe costs
B
health costs
C
premium costs
D
workers costs
Question 7
A plan when expressed in quantitative terms is called-
A
Policy
B
Procedure
C
Objective
D
Budget
Question 8
The cost per unit of a product manufactured in a factory amounts to Rs 160 (75% variable) when the production is 10, 000 units. When production increases by 25%, the cost of production will be Rs per unit.
A
Rs 145
B
Rs 150
C
Rs 152
D
Rs 140
Question 9
What is a detailed process for recovering information or an IT system in the event of a catastrophic disaster such as a fire or flood?
A
Disaster recovery plan
B
Hot site
C
Cold site
D
Disaster recovery cost curve
Question 10
Which of the following is not an assumption in Miller and Modigliani approach?
A
There are no corporate or personal income tax
B
Investors are assumed to be rational and behave accordingly
C
There is no corporate tax though there are personal income tax
D
Capital markets are perfect
Question 11
SEBI is a.....
A
Constitutional body
B
Statutory body
C
Non statutory body
D
Advisory body
Question 12
The method of costing applied in biscuit industries is.....costing and in steel industry.....costing.
A
Job, process
B
job, contract
C
batch, multiple
D
process, operation
Question 13
Sum of discounted cash flows is best defined as
A
technical equity
B
defined future value
C
project net present value
D
equity net present value
Question 14
Journal proper is used for recording only those transactions as cannot be recorded in any of the other..... books.
A
ledger
B
journal proper
C
trial balance
D
subsidiary book
Question 15
Which of the following is NOT a characteristic of perfect competition?
A
Free entry and exit of the firms
B
The demand curve of firm is horizontal
C
The marginal revenue curve is horizontal
D
An individual firm can influence the price
Question 16
Read the following statement
  1. "The rate of return on investment increase with the shortage of working capital."
  2. "Net working Capital is the excess of current assets over current liabilities.
  3. "Greater the
A
(i), (ii) and (iii)
B
(ii), (iii) and (iv)
C
(iii), (iv) and (i)
D
(i), (ii) and (iv)
Question 17
The relationship between potential unsystematic risk and reward is given by.....
A
Excess return to beta ratio
B
Excess return to security
C
Excess return to security
D
Excess return to beta square ratio
Question 18
The system of recording transactions based on dual aspect is called
A
dual account system
B
double entry system
C
cash accounting
D
single entry system.
Question 19
Dividend policy of a company mainly concern with
  1. dividend payout and
  2. Stability of dividend
A
Only (i) is correct
B
Only (ii) is correct
C
Both (i) and (ii) are correct.
D
Both (i) and (ii) are incorrect.
Question 20
.... heads and conducts the affairs of RBI:
A
Central Board
B
Local board
C
Regional board
D
All of the above
There are 20 questions to complete.

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