10000 MCQ /questions on commerce questions answers
A person not required to obtain registration if he is required to pay tax under reverse charge and there are no taxable supplies made by him.
Incorrect, if person who are required to pay tax under reverse charge, irrespective of threshold shall obtain registration.
Incorrect, if person who are required to pay tax under reverse charge obtain registration only if such value of supplies under reverse charge exceeds the threshold limit.
Above statement is correct.
A person is required to obtain registration if he is required to pay tax under reverse charge and also he is also making taxable supplies irrespective of the threshold limit.
Company low earning power and high interest cost cause financial changes which have
high return on equity
high return on assets
low return on assets
low return on equity
In which method of filing, a spike is fixed in a wooden or a metal base?
The spike file
Card board filing
Micro marketing environment include
- Service provider
- Local share holder
i and ii
i, ii and iii
i, ii and iv
ii, iii and iv
'Carrot and Stick' principle is given in Theory-
McGregor Theory X
McGregor Theory Y
William Ouchi Theory Z
None of the above
In electricity supply company uses.....as cost unit.
Kilo watt hour
none of these
Where a partner transfers any capital asset into the business of firm, the sale consideration of such asset to the partner shall be
Market value of such asset on the date of such transfer
Price at which it was recorded in the books of the firm
Cost of such asset to the partner
None of the above
The ITC claimed by a Recipient of Supply will be provisionally allowed at first and the same will be confirmed subject to:
- Possession of Tax Paying Document not expiring 1 year from the date of issue and Matching
i, ii & iii
i, ii & iv
ii, iii & iv
i, ii, iii & iv
An investment centre is a responsibility centre where the manager has control over
Costs and profits
Costs, profits and product quality
Costs, profits and assets
Variability of stock price, option term to maturity and risk free rate are dependents of
price of an option
expiry of an option
exercise of an option
estimation of an option
Bin card is maintained by.....
Stock issued by company have higher rate of return because of
low market to book ratio
high book to market ratio
high market to book ratio
low book to market ratio
A company cannot issue redeemable preference shares for a period exceeding
Which of the following factors does not affect the capital structure of a company?
Cost of capital
Composition of the current assets
Size of the company
Expected nature of cash flows
On the admission of a partner, fictitious assets are-
Transferred to Revaluation Account
Transferred to Capital Account
Transferred to Reserves
Shown in the new Balance Sheet
Keyboard of a computer is-
An input device
An output device
A processing device
A storage device
Most appropriate basis for the apportionment of power is.....
no of labour
no of output
no of machines
horse power of machines
A private company does not?
Restrict the right to transfer the shares
Limit the number of its members
Publicity invite subscription to shares
TQM is a system of continuous improvement employing participative management and centered on needs of the.....
The slope of indifference curve indicates
Price ratio between two commodities
Marginal rate of substitution
Level of indifference
There are 20 questions to complete.