Commerce online quiz 293

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।)
The details submitted by the outward supplier in Form GSTR 1 shall be furnished to the recipient regular dealer in form
A
GSTR 4A
B
GSTR 5A
C
GSTR 2A
D
GSTR 6A
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If good will of a profession which is self generated is transferred, there will
A
Be capital gain
B
Not be any capital gain
C
Be a short-term capital gain
D
None of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Whether the dealers making the exclusive supply of Liquor or Petrol, Diesel and Crude Oil should have to take registration under GST Act?
A
Yes
B
No
C
Optional
D
Either (A) or (C)
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Prime cost includes.....
A
direct materials, direct wages and indirect expenses
B
indirect materials and indirect labour and indirect expenses
C
direct materials, direct wages and direct expenses
D
direct materials, indirect wages and indirect expenses
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Rights issue refers to the shares issued to:
A
Employees
B
Public
C
Existing directors
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।)
What-if technique, which examines changes in results if original prediction would not be achieved is called
A
change analysis
B
original analysis
C
sensitivity analysis
D
predicted analysis
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Usually, every ATM card will have CVV number. What is meant by CVV?
A
Card Verification Value
B
Certificate Value Voice
C
Circular Verification Value
D
Core Verification Value
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following accounting equations is correct?
A
Assets = Owner's equity
B
Assets = Liabilities + Owner's equity
C
Assets = Liabilities-Owner's equity
D
Assets + Liabilities = Owner's equity
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who among the following is the head of the committee, which is recently set up to suggest measures for cost-cutting and optional utilization of assets of Air India?
A
Suresh Malhotra
B
Ravindra H. Dholakia
C
Nagendra Kumar
D
Vijay Sinha
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is a separate facility that does not have any computer equipment but is a place where the knowledge workers can move after the disaster?
A
Disaster recovery plan
B
Hot site
C
Cold site
D
Disaster recovery cost curve
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Direct labour means.....
A
labour which can be conveniently associated with aparticular cost unit
B
labour which completes the work manually
C
permanent labour in the production department
D
labour which is recruited directly and not through contractors
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Generally Accepted Accounting Principles (GAAP) aim at-
A
Uniformity in accounting practices
B
Uniform accounting practices in all enterprises
C
Acceptance of globalisation, liberalisation and privatisation inthe field of accounting
D
All of the above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Ledger is a set of
A
Balance
B
Accounts
C
Rules
D
None of these
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A situation where there are no differences among products or services, and the only basis of choosing products is price is known as.....
A
a value web
B
value chain
C
profit
D
commoditization
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The object of 'Agenda' is to inform-
A
About the profitability and activity
B
About the progress of company
C
About the matter in sequence to be discussed in the meeting
D
About the routine matters
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Dividend per share is Rs 18 and sell it for Rs 122 and floatation cost is Rs 4 then component cost of preferred stock will be
A
15.25%
B
0.1525 times
C
15.25
D
0.15%
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Is there any ceiling limit prescribed on the rate under IGST?
A
14%
B
40%
C
26%
D
30%
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the refund claim is fully or partially rejected the amount would.....
A
lapse
B
be carried forward
C
be refunded
D
none of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Data collection terminals
A
track the flow of materials from one production area to another
B
record employee attendance
C
All of these
D
None of these
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Financial markets include
A
primary markets
B
capital markets
C
physical asset markets
D
all of above
There are 20 questions to complete.

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