Commerce online quiz 315

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
More MCQs on Foreign Exchange Management 1. The price at which a market maker is prepared to sell (a currency) or lend (money)
A
forward rate
B
sport rate
C
bid rate
D
offer rate
Question 2
Proceeds of company shares of sold stock is recorded in
A
preferred stock account
B
common stock account
C
due stock account
D
preceded stock account
Question 3
Considering relationship of variables, relationship in which activity cost is included in dependent variable, which has similar cost driver is classified as
A
heterogeneous relationship
B
extreme relationship
C
no homogeneous relationship
D
homogeneous relationship
Question 4
Bond risk premium is 3% and bond yield is 10.2% then cost of common stock will be
A
3.40%
B
13.20%
C
7.20%
D
30.60%
Question 5
Planning function is mainly performed at
A
Top management level
B
Middle management level
C
Lower management level
D
None of the above
Question 6
Can the credit distributed by an ISD exceed the amount available for distribution
A
Yes
B
No
C
Partly correct
D
None of the above
Question 7
Which of the following profits are capital profits? l. Profit prior to incorporation
  • Premium received on issue of shares or debentures
  • Profit made on redemption of debentures
  • Profit set aside for redemption of preference shares. Select the
  • A
    2, 3 and 4
    B
    1, 3 and 4
    C
    1, 2 and 3
    D
    1, 2, 3 and 4
    Question 8
    What are the forms of assistance that the World Bank provides to its members?
    A
    Technical and financial
    B
    Political and financial
    C
    Political and economic
    D
    Technical and military
    Question 9
    Factoring is a form of financing.
    A
    payable
    B
    receivables
    C
    borrowings
    D
    debts
    Question 10
    Suppose, One Business Group has 35 Business Verticals within a state and has to take separate GST Registration under the same PAN. How many Online Registration applications with scanned documents have to be filed by that Business Group?
    A
    35 Separate Applications in GST REG-01
    B
    Only One Registration Application incorporating the entire business verticals in One Go
    C
    Either of the above at the option of the Business Group
    D
    Either of the above at the discretion of the Proper Officer
    Question 11
    Which is incorrect with regard to powers of RBI:
    A
    Holds cash reserve banks
    B
    Controls banking system through licensing
    C
    Supervises Banking system through inspection
    D
    None of the above
    Question 12
    Price per ratio is divided by cash flow per share ratio which is used for calculating
    A
    dividend to stock ratio
    B
    sales to growth ratio
    C
    cash flow to price ratio
    D
    price to cash flow ratio
    Question 13
    The maxim 'buy low; sell high' is applicable for
    A
    Quotation of Pound-Sterling.
    B
    Indirect rates.
    C
    Direct rates.
    D
    USDOLLARS.
    Question 14
    On an equity share of Rs. 100, the minimum amount payable on application under the law should be-
    A
    Rs. 20
    B
    Rs. 15
    C
    Rs. 10
    D
    Rs. 5
    Question 15
    .....expenses are excluded from cost.
    A
    Normal
    B
    abnormal
    C
    Both (A) and (B)
    D
    none of these
    Question 16
    All of the following are challenges to online retail except.....
    A
    Consumer concerns about the security of transactions
    B
    Consumer concerns about the privacy of personal information given to Web sites
    C
    Delays in delivery of goods when compared to store shopping
    D
    Inability to change prices nearly instantly
    Question 17
    Suppose One Taxable person has filed an application before the settlement commission fulfilling all the 4 conditions for filing the same. Whether he has any option to withdraw the application?
    A
    Yes
    B
    No
    C
    At the discretion of the Settlement Commission
    D
    At the option of the Applicant
    Question 18
    AS-19 deals with
    A
    Borrowing Costs
    B
    Earning Per share
    C
    Leases
    D
    Segment Reporting
    Question 19
    What happens if a taxable person has paid CGST & SGST or, as the case may be, CGST & UTGST (in SGST / UTGST Act) on a transaction considered by him to be an intra-state supply but which is subsequently held to be an inter-state supply?
    A
    Seek refund
    B
    Adjust against future liability
    C
    Take re-credit
    D
    File a suit for recovery
    Question 20
    If transferred out total cost is $1850000 and number of good units (produced), then cost per good unit transferred out and completed can be
    A
    245.1724
    B
    255.1724
    C
    278.1724
    D
    268.1724
    There are 20 questions to complete.

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