10000 MCQ /questions on commerce questions answers
Excise tax is a part of
Is not a part of cost
A bill of exchange is called a..... by one who is liable to pay it on the due date
Noted bill of exchange
None of the above
Which of the following is not an entertainment industry value chain model?
content owner direct model
user distribution model
Internet innovator model
Which form of e-marketplace brings together buyers and sellers from multiple industries, often for MRO materials?
A taxable person failed to pay tax and/or file returns on time. He should pay interest on?
Gross tax payable
Gross tax payable & input credit claimed
Net tax payable
No interest payable, if reasonable cause is shown
SBI has become the first bank to install an ATM at Drass of Jammu & Kashmir Kargil region, making it the 27, 032nd branch of the Bank on 27th July 2012. What is the importance of Drass?
This is the hottest place on earth
Second coldest place on Earth
Highest populated place in India
Lowest populated place in India
The audit of a Joint Stock Public Company is done-
at the direction of Government
on demand of shareholders
..... is one of the records of circulation section.
The person from whom the goods are purchased on credit are called
None of the above
An expense payable account will show a..... balance and will be shown on the.....side of the balance sheet.
credit and liability
debit and assets
credit and assets
none of these
Which among the following is eligible to issue Self Prospectus?
Any company contemplating for public issue of securities
Any public financial institution
Only manufacturing companies
Only foreign companies engaged in trading in India
Inventory of final goods that are not yet sold is called
finished goods inventory
indirect material inventory
direct materials inventory
work in process inventory
Which one of the following statements is false?
A 'Demat Share' is held by the depository on behalf of the investor whereas a 'Physical Share' is held by the investor himself
There is no stamp duty on the transfer of 'Demat Shares' from one account to another
The 'Demat Share' does not have a folio number, distinctive number or certificate number like a 'Physical Share'
The 'Demat Share' cannot be converted into a 'Physical Share'
The most structured marketing problems are likely to be those dealing with
117: Which of the following accounting equations is not correct?
Assets = Liabilities + Capital
Capital = Assets-Liabilities
Liabilities = Assets-Capital
Liabilities = Assets + Capital
All of the following influence capital budgeting cash flows EXCEPT.
tax rate changes
method of project financing used
Lock period in Term deposit means?
Locker must be opened by the customer in the branch.
The Pre-maturity is not possible.
Another account cannot be opened by customer.
Nominee name need not be written.
A private company should have at least..... members.
The system operated by the WTO is known as the
multilateral trading system
bilateral trading system
Trading procedures dimensions include
method of matching orders
Both A and B
There are 20 questions to complete.