Commerce online quiz 325

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The process of allocating and apportioning the costs on suitable basis to all the departments is.....
A
departmentalization
B
primary distribution
C
secondary distribution
D
classification
Question 2
Markets for products such as wheat, rice, cotton, real estate and autos dealing is classified as
A
physical asset markets
B
intangible assets
C
competitive markets
D
easy markets
Question 3
Approaches to allocate costs of support department do not include
A
sales mix allocation method
B
dual-rate cost-allocation method
C
single rate cost allocation method
D
both b and c
Question 4
What is the condition for taking unavailed CENVAT Credit on Capital Goods?
A
The CENVAT Credit should have been admissible under earlier law but not under GST
B
The CENVAT Credit should have been admissible under GST but not under earlier law
C
The CENVAT Credit should not have been admissible under GST or the earlier law
D
The CENVAT Credit should have been admissible under both the earlier law and GST
Question 5
Preferred stock dividends must be paid on common stock and must have
A
fixed amount of dividends
B
fixed amount of shares
C
variable amount of dividends
D
variable amount of shares
Question 6
Which act restricts the maximum number of partners in a partnership firm which carries banking business to 10 persons?
A
Partnership Act 1932
B
Banking Regulation Act 1949
C
Companies Act 1956
D
Income Tax Act 1961
Question 7
'Kinked Demand curve approach' is concerned with
A
price discrimination
B
price flexibility
C
price rigidity
D
Dual Pricing
Question 8
..... High Court in India on 2nd April 2014 restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a Non-Performing Asset (NPA)?
A
AP
B
Tamil Nadu
C
Gujarat
D
Assam
Question 9
Scruting of financial transactions is called
A
Budgeting
B
Auditing
C
Programming
D
Accounting
Question 10
.is the value of a benefit where no actual cost is incurred.
A
Imputed
B
sunk
C
out of pocket
D
none of these
Question 11
Cash Budget is a.....budget.
A
Long term
B
short term
C
very long term
D
very short term
Question 12
..... is the most important investment decision because it determines the risk-return characteristics of the portfolio.
A
Hedging
B
Market timing
C
Performance measurement
D
Asset allocation
Question 13
Except one of the following instruments others are issued at discount. Identify the exception.....?
A
A Certificate of Deposit (CD)
B
A Treasury Bill (T Bill)
C
A Commercial Paper (CP)
D
A Fixed Deposit (FD)
Question 14
A firm's marginal revenue
A
is always negative
B
can be positive
C
is always positive
D
is zero at point at which the total revenue is maximum
Question 15
Investment bankers operate in the.....
A
primary market
B
secondary market
C
A and B both
D
None of above
Question 16
Type of bond in which payments are made on basis of inflation index is classified as
A
borrowed bond
B
purchasing power bond
C
surplus bond
D
deficit bond
Question 17
Calculation of formula in common stock valuation does not include
A
intrinsic value
B
dividend of stockholder
C
number of stock issued
D
expected growth rate
Question 18
He described economics as a science of material welfare
A
Robbins
B
Marshall
C
Ricardo
D
Keynes
Question 19
Office and administrative expenses can be charged on the basis of.....
A
material cost
B
labour cost
C
prime cost
D
factory cost
Question 20
When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is
A
Less than unity
B
Unity
C
Zero
D
Greater than Unity
There are 20 questions to complete.

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