Commerce online quiz 321

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
An excess of actual price of option over an exercise value of option is classified as
A
time value options
B
actual options
C
estimated options
D
optional pricing
Question 2
In process costing, the abnormal loss is treated as.cost and written off to profit & loss account.
A
Unit
B
period
C
future
D
process
Question 3
Which one of the following NOT a useful tool in decision making?
A
Annual return
B
Linear programming
C
Sales forecasts
D
Operation research
Question 4
Which of the following prevents National Income from falling to zero when Gross Investment falls to zero?
A
Consumption
B
Multiplier
C
Accelerator
D
None of these
Question 5
..... are the storage areas for the various types of documents kept in a library.
A
Tasks.
B
. Racks
C
Stacks
D
Desks
Question 6
A point where profile of net present value crosses horizontal axis at plotted graph indicates project
A
costs
B
cash flows
C
internal rate of return
D
external rate of return
Question 7
If credit sales for the year is Rs 5, 40, 000 and Debtors at the end of year is Rs 90, 000 the Average Collection Period will be
A
30 days
B
61 days
C
90 days
D
120 days
Question 8
Leadership is a function of all the following factors except
A
Work group
B
Product or service
C
Leader
D
Situation
Question 9
One of the book selection principles states that ''the best reading for the largest number at the.....Cost.''
A
Maximum
B
Medium
C
Least
D
Zero
Question 10
According to Keynes, interest is a payment for
A
Consumer's preference
B
Producer's preference
C
Liquidity preference
D
State Bank's preference
Question 11
Which is created for technological purpose?
A
formal organization
B
informal organization
C
business organization
D
strategic organization
Question 12
The communication process is made up of various components. Which of the following is the actual physical product from the source?
A
Feedback
B
Filter
C
Message
D
Channel
Question 13
Which of the following is not a feature of bonds?
A
Par value
B
Yield to maturity
C
Coupon rate
D
Maturity
Question 14
The amount deposited in Securities Premium Account can be used for-
A
Distributing profits
B
Issue of Bonus Shares
C
Paying the amount to director
D
None of the above
Question 15
The acronym SWIFT stands for
A
Safety Width In Financial Transactions.
B
Society for Worldwide International Financial Telecommunication.
C
Society for Worldwide Interbank Financial Telecommunication.
D
Swift Worldwide Information for Financial Transaction.
Question 16
Cause and effect relationship between activity and costs is result of
A
contractual agreement
B
knowledge of operations
C
measureable unit relationship
D
all of above
Question 17
The Union Cabinet has constituted a Special Investigation Team (SIT) to unearth illicit money. Who is appointed as the Chairman of the SIT?
A
C. B. Bhave
B
Amar Pratap Sinha
C
Sudharshan Nayak
D
M. B. Shah
Question 18
Any return evidence in support of a business transaction is called
A
Journal
B
Ledger
C
Ledger posting
D
Voucher
Question 19
Accounting is a substitute of.....
A
recording
B
book-keeping
C
memory
D
none of these
Question 20
Labour turnover is.....
A
productivity of labour
B
efficiency of the labour
C
change in labour force
D
total cost of the labour
There are 20 questions to complete.

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