Commerce online quiz 29

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।)
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.
A
Incorrect, if person who are required to pay tax under reverse charge, irrespective of threshold shall obtain registration.
B
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.
C
Above statement is correct.
D
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.
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Company low earning power and high interest cost cause financial changes which have
A
high return on equity
B
high return on assets
C
low return on assets
D
low return on equity
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In which method of filing, a spike is fixed in a wooden or a metal base?
A
Pigeon-hole method
B
The spike file
C
Card board filing
D
Box filing
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Micro marketing environment include
  1. Suppliers
  2. Consumer
  3. Service provider
  4. Local share holder
A
i and ii
B
i, ii and iii
C
i, ii and iv
D
ii, iii and iv
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
'Carrot and Stick' principle is given in Theory-
A
McGregor Theory X
B
McGregor Theory Y
C
William Ouchi Theory Z
D
None of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In electricity supply company uses.....as cost unit.
A
Kilo watt hour
B
per household
C
voltage
D
none of these
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where a partner transfers any capital asset into the business of firm, the sale consideration of such asset to the partner shall be
A
Market value of such asset on the date of such transfer
B
Price at which it was recorded in the books of the firm
C
Cost of such asset to the partner
D
None of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The ITC claimed by a Recipient of Supply will be provisionally allowed at first and the same will be confirmed subject to:
  1. Possession of Tax Paying Document not expiring 1 year from the date of issue and Matching
A
i, ii & iii
B
i, ii & iv
C
ii, iii & iv
D
i, ii, iii & iv
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An investment centre is a responsibility centre where the manager has control over
A
Costs
B
Costs and profits
C
Costs, profits and product quality
D
Costs, profits and assets
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Variability of stock price, option term to maturity and risk free rate are dependents of
A
price of an option
B
expiry of an option
C
exercise of an option
D
estimation of an option
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bin card is maintained by.....
A
costing department
B
stores department
C
finance department
D
accounting department
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stock issued by company have higher rate of return because of
A
low market to book ratio
B
high book to market ratio
C
high market to book ratio
D
low book to market ratio
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A company cannot issue redeemable preference shares for a period exceeding
A
10 years
B
20 years
C
30 years
D
15 years
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following factors does not affect the capital structure of a company?
A
Cost of capital
B
Composition of the current assets
C
Size of the company
D
Expected nature of cash flows
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On the admission of a partner, fictitious assets are-
A
Transferred to Revaluation Account
B
Transferred to Capital Account
C
Transferred to Reserves
D
Shown in the new Balance Sheet
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Keyboard of a computer is-
A
An input device
B
An output device
C
A processing device
D
A storage device
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Most appropriate basis for the apportionment of power is.....
A
no of labour
B
no of output
C
no of machines
D
horse power of machines
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A private company does not?
A
Restrict the right to transfer the shares
B
Limit the number of its members
C
Appoint auditor
D
Publicity invite subscription to shares
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
TQM is a system of continuous improvement employing participative management and centered on needs of the.....
A
Customers
B
Staff
C
Organization
D
Government
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The slope of indifference curve indicates
A
Price ratio between two commodities
B
Marginal rate of substitution
C
Factor substitution
D
Level of indifference
There are 20 questions to complete.

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