Commerce online quiz 300

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which of the following is not undistributed profit?
A
General Reserve A/c
B
Workmen Compensation Fund A / c
C
Securities Premium A/c
D
Dividend Equalisation Reserve A/c
Question 2
A group of European countries have formed a union and created a common currency known as.....
A
the EU currency
B
the European Union
C
the EMU
D
the Euro
Question 3
A and B are partners sharing profit & loss in 2: 5 ratio. They admit C into partnership for a 1/4 share. C brings in goodwill in cash which is shared by A and B. New profit sharing ratio of A, B, C will be-
A
15: 6: 7
B
6: 7: 15
C
6: 15: 7
D
7: 6: 15
Question 4
Which of the following country has the second highest tax slab?
A
Australia
B
Netherland
C
Argentina
D
Ireland E. South Korea
Question 5
Which of the following is not an economic activity?
A
A doctor practicing
B
A lawyer practicing law
C
A professional cricketer playing cricket
D
A student playing cricket
Question 6
The term depletion is used in relation to
A
Natural resources
B
Fixed assets
C
Current assets
D
None of the above
Question 7
Revenue and expense accounts are referred to as
A
Nominal accounts
B
Real account
C
Cash account
D
Bank account
Question 8
Under diminishing balance method, depreciation
A
Is constant every year
B
Increases every year
C
Decreases every year
D
None of the above
Question 9
Which of the following to viruses harm?
A
Your keyboard
B
Your monitor
C
Your processor
D
Viruses do not harm any of the above
Question 10
Liability of a Company Secretary is-
A
Contractual only
B
Statutory only
C
Civil only
D
Both contractual and statutory
Question 11
Market risk premium is 8% and risk free return is 7% then market required return would be
A
15.00%
B
1.00%
C
5.60%
D
1.14%
Question 12
A bag contains 5-rupee, 2-rupee, 1-rupee and 50-paise coins. These coins are in the ratio of 4: 3: 2: 1. If the total coins amount to Rs. 285, find out the number of each type of coins.
A
20 of 50 paise, 20 Re. 1, 20 of Rs. 2 and 43 of Rs. 5
B
40 of Rs. 5, 30 of Rs. 2, 20 of Re. 1 and 10 of 50 paise
C
Both A and B
D
None of the above
Question 13
Which of the following is an important dynamic variable?
A
Superior's style and behaviour
B
Organisational nature
C
The task structure
D
Cultural variables
Question 14
If the two sides of the trial balance tally, it is an indication of the fact that the books of account are.....accurate
A
logically
B
recordically
C
arithmetically
D
none of these
Question 15
Price for debt is called
A
debt rate
B
investment return
C
discount rate
D
interest rate
Question 16
Which of the following banks was first to establish merchant banking business in India?
A
ABN Amro Bank
B
Citibank
C
Standard chartered
D
Grindlays Bank
Question 17
Economics is the study of
A
how society manages its unlimited resources
B
how to reduce our wants until we are satisfied
C
how society manages its scarce resources
D
how to fully satisfy our unlimited wants
Question 18
Depreciation is incorporated in cash flows because it
A
Is unavoidable cost
B
Is a cash flow
C
Involves an outflow
D
Reduces tax liability
Question 19
Initial cost is Rs 5000 and probability index is 3.2 then present value of cash flows is
A
Rs 8, 200.00
B
Rs 16, 000.00
C
Rs 10, 000.00
D
Rs 1, 562.50
Question 20
A brand is a name, term, symbol, design combination of these which identifies the goods or services of one seller or group those sellers and differentiates them from of
A
Other marketing
B
Other sellers
C
Other market
D
Other product or services
There are 20 questions to complete.

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