10000 MCQ /questions on commerce questions answers
Which method of inventory valuation helps in reducing the burden of income tax in times of rising prices?
Base stock method
The most liquid asset among the following is?
An isoquant slopes
Downward to the left
Downward to the right
Upward to the right
Upward to the left
Under the head Business or Profession, the method of accounting which an assessee can follow shall be
Mercantile system only
Cash system only
Mercantile or cash system only
Projects which are mutually exclusive but different on scale of production or time of completion then the
external return method
net present value of method
net future value method
internal return method
A business transaction affects
at least one account
maximum of three accounts.
maximum of two accounts
at least two account
Which of the following is an argument for the relevance of dividends?
Reduction of uncertainty
Some investors' preference for current income
All of the above.
Telephone expense is.....expense.
none of these
The trade discount on purchases is recorded
When it is received
When the inventory is purchased
When the inventory is sold
Not at all recorded in the books
Problem: 5 students secure less than 3 marks 12 students secure less than 6 marks 25 students secure less than 9 marks 33 students secure less than 12 marks In the above problem, the number of students secure between 6 to 12 marks will be?
IGST is levied and collected is.....?
Allotted to centre only
Allotted to states only
Allotted to UT's only
Apportioned between centre and states
On 27th June 1967, which bank installed the first ATM in North London?
Bank of London
The profit on the reissue of forfeited share are transferred to
Capital A/ c
Profit & Loss A/c
Total Agricultural advances must be..... percent of Net Bank Credit (NBC) for domestic banks?
Which of the following is not a feature of an optimal capital structure?
Third step in calculating value of stock with non-constant growth rate is to find
PV of expected dividends
FV of expected dividends
PV of intrinsic rate
FV of intrinsic rate
Material abstract is also known as
Material issue analysis sheet
bill of materials
none of the above
The expression 'firm' would include a.....
Production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as
There are 20 questions to complete.