Commerce online quiz 278

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
What is ASBA in e-invest?
A
All Scheduled Bank Association
B
Application Supported by Blocked Amount
C
All India State Bank Association
D
All Saving Bank Account Holders
Question 2
Statement containing details of items to be considered in a meeting is called-
A
Agenda
B
Minutes
C
Resolution
D
Notice
Question 3
An option that gives investors right to sell a stock at predefined price is classified as
A
put option
B
call option
C
money back options
D
out of money options
Question 4
Sunk costs are..... for decision-making
A
irrelevant
B
relevant
C
useful
D
none of these.
Question 5
Slope coefficient of beta is classified statistically significant if its probability is
A
greater than 5%
B
equal to 5%
C
less than 5%
D
less than 2%
Question 6
Variable cost per unit.....
A
Remains constant
B
varies
C
decreases
D
increases
Question 7
Which of the following statements are correct?
  1. Persons who are required to deduct tax u/s 51 shall obtain registration irrespective of the threshold specified.
  2. Persons who are required to collect tax u/s 52 shal
A
i, ii & iii
B
i, ii & iv
C
ii, iii & iv
D
i, ii, iii & iv
Question 8
What describes a process of continuously measuring results and comparing those results to optimal performance so that actual performance may be improved?
A
Performance
B
Capacity planning
C
Benchmarking
D
Data cleansing
Question 9
Overvaluation of opening stock in financial accounting results.....
A
decreases costing profit
B
decreases financial accounts profit
C
increases costing profit
D
increases financial accounts profit
Question 10
Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months?
A
Fixed Deposit Account
B
Saving Bank Account
C
Current account
D
Recurring Account
Question 11
In quantitative analysis of estimating cost function, last and foremost step is to
A
evaluate variable driver
B
evaluate cost driver
C
evaluate price driver
D
evaluate demand driver
Question 12
Securities with less predictable prices and have longer maturity time is considered as
A
cash equivalents
B
long-term investments
C
inventories
D
short-term investments
Question 13
Cash sales, accounts receivables and rental receipts all are known as
A
cash receipts
B
budget receipts
C
goods manufactured
D
total goods sold
Question 14
In service costing, fixed charges are also called as..
A
Standing charges
B
variable charges
C
fixed charges
D
none of these
Question 15
An unsecured bond that provides no lien against property as security for bond obligation is classified as
A
secured bond
B
debenture
C
obligation bond
D
specific bond
Question 16
Payment of expenses will..... the assets
A
Increase
B
Reduce
C
Apportion
D
Overstate
Question 17
Relevant ordering costs are added into relevant carrying costs to calculate
A
relevant total costs
B
contribution costs
C
throughput costs
D
optimized costs
Question 18
..... Debentures are to be redeemed on the expiry of a certain period.
A
Redeemable
B
Irredeemable
C
Convertible
D
Non-convertible
Question 19
Which one of the following is true of the position of an auditor regarding the system of internal check in the organization?
A
He should acquaint himself with the system of internal check
B
He should monitor and supervise the system of internal check
C
He himself should lay down the system of internal check
D
He has nothing to do with the system of internal check
Question 20
Which of the following scheme is related to Financial Inclusion?
A
AADHAR
B
AAY
C
Swabhiman
D
Swavalamban
There are 20 questions to complete.

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