10000 MCQ /questions on commerce questions answers
Greater the size of a business unit..... will be the requirements of working capital.
Cost accounting is based on.figures.
none of these.
If elasticity of demand is very low, it shows that the commodity is
Has little importance in total budget
a' and 'c' above
Weak relationship between cost and cost driver is indicated on a regression line, which is
Which is the type of communication in small group?
Centralised flow with feedback
Chain flow with feedback
Circular flow with feedback
All of the above
The budget relating to.must be prepared first and the other budgets should be prepared in the light of that factor.
Which among the following is a direct advantage of incentive compensation?
Mutual cooperation among the workers
Decrease in absenteeism
Increase in productivity
Better industrial relations
The minimum and maximum number of members in a Private Company is-
2 and 50
2 and 20
2 and 10
None of the above
Consider the following statements
- Money is a stock whereas spending is a flow
- Wealth is a stock while income is a flow.
- The government debt is a stock but interest payment is a flow.
- The lending by ba
Only (1) and (2)
(1), (2) and (3)
(1), (3) and (4)
All of these
Gross fixed asset expenditures is Rs 6000 and free cash flow is Rs 8000 then operating cash flows will be
-Rs 14, 000.00
Rs 2, 000.00
Rs 14, 000.00
-Rs 2, 000.00
One-man-one-vote-is the principle adopted by.....
Joint Stock Companies
Who are the persons who should declare the stock of goods on job work to claim exemption under section 141?
Only job worker
Only principal manufacturer
Both (a) and (b)
Either (a) and (b)
What is the time limit for issue of order in case of fraud, misstatement or suppression?
The ability to change the product to better fit the needs of the customer is called.....
An investment outlay cash flow is Rs 4000, operating cash flow is Rs 1000 and salvage cash flow is Rs 5000 then free cash flow would be
Rs 10, 000.00
Rs 8, 000.00
none of above
The process of grouping of costs according to some common characteristics.....
In specification analysis, assumptions related to variance states that:
variance of residuals is constant
variance of goodness is constant
goodness of fit is constant
standard error is constant
Whether definition of Inputs includes capital goods
Certain capital goods only
None of the above
An invoice must be issued:
At the time of removal of goods;
On transfer of risks and rewards of the goods to the recipient;
On receipt of payment for the supply;
Earliest of the above dates.
.forms part of cost of production.
both a & b
none of these
There are 20 questions to complete.