10000 MCQ /questions on commerce questions answers
The principle types of inventories are raw materials and, .....and finished goods
goods for dispatch
110: In reference to the accounting standards, choose the correct statement:
Accounting standards codify the generally accepted accounting principles
They lay down the norms of accounting policies and practices by way of codes or guidelines
The main purpose of accounting standards is to provide information to the user as to the basis on which the accounts have been prepared
All of the above
Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India?
A right which controls and prevents transfer from current stockholders to other new stockholders is considered as
The information for the preparation of receipts and payment account is taken from
Income and expenditure account
Cash book and balance sheet
An item of cost that is direct for one business may be..for another business.
none of the above.
What is short term government security
Arrange the following in order:
- Performance appraisal
- Training and Development
(iii), (iv), (ii), (i)
(ii), (iii), (i), (iv)
(i), (ii), (iii), (iv)
(ii), (iv), (iii), (i)
The main objective of providing depreciation is to
Calculate the true net profit
Compute the actual cash profit
Create funds for replacement of fixed assets
Reduce tax burden
What will be the procedure to be complied by the provisional registration certificate holders to get final certificate of registration?
By e-filing the online registration application with the prescribed scanned documents within 1 months from the appointed day
By e-filing the online registration application with the prescribed scanned documents within 2 months from the appointed day
By e-filing the online registration application with the prescribed scanned documents within 3 months from the appointed day
By e-filing the online registration application with the prescribed scanned documents within 6 months from the appointed day
Rendering of personal service
Undertaking a business
Undertaking a contract
When Reserve Bank intends to increase credit by the banking system, it
Reduces the bank rate
Raises the bank rate
Freezes the bank rate
None of these
Funds that cannot be remitted from the subsidiary to the parent due to host government restrictions is known as
Which of the following methods is not used for raising capital through the sale of new securities?
By issue of prospectus
Stock exchange placing
The amount of current assets that varies with seasonal requirements is referred to as..... working capital.
Which statistical measure helps in measuring the purchasing power of money?
Which of the following best describes predicted growth in C2C and B2C auction spending?
B2C spending will overtake C2C spending
Both types of spending will increase
C2C spending will decrease while B2C increases
Both types of spending will decline at similar rates
Units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate
normal spoilage rates
abnormal spoilage rates
normal scrap rates
abnormal scrap rates
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
Regional Rural Banks
Future beta is needed to calculate in most situations is classified as
There are 20 questions to complete.