Commerce online quiz 318

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The dividend-payout ratio is equal to.....
A
the dividend yield plus the capital gains yield
B
dividends per share divided by earnings per share
C
dividends per share divided by par value per share
D
dividends per share divided by current price per share.
Question 2
The ability of consumers to review and contest the accuracy and completeness of data collected about them involves which of the following FTC fair information practice principles?
A
Security
B
Enforcement
C
Choice/Consent
D
Access/Participation
Question 3
In which sequence are the following steps of communication taken? (a) Getting participation in developing a solution to the problem (b) Transmitting ideas or decisions (c) Clarify the idea or problem (d) Measuring the effectiveness of communication Selec
A
(a), (b), (c) and (d)
B
(d), (c), (a) and (b)
C
(d), (b), (a) and (c)
D
(c), (a), (b) and (d)
Question 4
An earning of business which is available for free distribution to all stockholders and creditors is classified as
A
free cash flows
B
free distribution
C
available income
D
cash income
Question 5
Summary of balances of ledger account is called.....
A
trial balance
B
balance sheet
C
cash flow statement
D
none of these
Question 6
The method of costing used in a refinery is.....costing.
A
job
B
batch
C
multiple
D
Process
Question 7
.....budget is the most important budget and it forms the basis on which all the other budgets are built up.
A
Production
B
material
C
cash budget
D
sales
Question 8
Specialized journals are more adequate for which type of businesses?
A
Small businesses
B
Big businesses
C
Sole proprietorship
D
Partnership
Question 9
..... is concerned with the maximization of a firm's stock price.
A
Profit maximization
B
Stakeholder welfare maximization
C
EPS maximization
Question 10
Defectives.....
A
cannot be rectified and made into good units
B
can be rectified and mad made into good units
C
can be a part of finished product
D
can be termed as spoilage
Question 11
Assertion (A). There is no error, when the totals of the debit side and the credit side of the Trial Balance are equal. Reason (R). Trial Balance is a two-column statement showing names and balances of all the accounts in the order in which they appear i
A
Both A and R are true and R is the correct explanation of A.
B
Both A and R are true but R is not a correct explanation of A.
C
A is true but R is false
D
A is false but R is true.
Question 12
Support department cost allocation method which makes no difference between variable and fixed costs is classified as
A
sales mix allocation method
B
dual-rate cost-allocation method
C
single rate cost allocation method
D
quantity variance allocation method
Question 13
What would the TDS and TCS rates be under IGST?
A
TDS and TCS provisions not applicable to IGST since no such provisions have been incorporated under IGST Act
B
At the rates mentioned in CGST Act
C
At the rate equal to CGST Act + SGST Act
D
At double the rate mentioned in CGST Act
Question 14
As consumers become more accustomed to new online advertising formats, click-through rates tend to.....
A
remain constant
B
decrease
C
increase
D
rapidly increase
Question 15
Which one of the following methods of inventory costing yields highest taxable income?
A
FIFO
B
LIFO
C
AVCO or averrage cost
D
Standard cost method
Question 16
Which of the following is not regarded as the fundamental concept that is identified by IAS-1?
A
The going concern concept
B
The separate entity concept
C
The prudence concept
D
Correction concept
Question 17
Market with one buyer and one seller is called
A
Monopsony
B
Monopoly
C
Bilateral Monopoly
D
None of the above
Question 18
The person from who goods are bought on credit is known as---.
A
creditor
B
debtor
C
borrower
D
none of these
Question 19
Ceteris Paribus means
A
Other things remaining same
B
All variables are independent
C
Enable economists to simplify reality
D
That no other assumptions are made
Question 20
Modular furniture.....
A
saves costs
B
saves time
C
saves space
D
saves electricity
There are 20 questions to complete.

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