Commerce online quiz 327

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Lower level of production leads to
A
higher setup cost
B
lower repair cost
C
higher setup cost
D
higher repair cost
Question 2
An example of rework is
A
short lengths from wood work
B
defective aluminium cans recycled by manufacturer
C
detection of defective pieces before shipment
D
none of above
Question 3
As against revenue deficit, gross fiscal deficit will always be?
A
. Lower
B
Higher
C
Similar
D
Some times higher and sometimes lower
Question 4
An approach which yields benefits of normal costing and actual manufacturing overhead is classified as
A
unadjusted allocation rate approach
B
adjusted budget rate approach
C
unadjusted budget rate approach
D
adjusted allocation rate approach
Question 5
What provisions of CGST have been made applicable to IGST?
A
All provisions
B
Only a few provisions
C
The provisions of CGST Act as would be applicable to IGST has not been mentioned
D
The exact provisions of CGST Act as would be applicable to IGST have not been enumerated. However a list of items have been mentioned, whose corresponding provisions under CGST would apply to IGST Act.
Question 6
When actual loss is.....than the estimated loss, the difference between the two is considered to be abnormal loss.
A
More
B
less
C
both a & b)
D
none of these
Question 7
Members and employees of credit unions are loaned for
A
mortgages
B
home improvement loans
C
auto purchases
D
all of above
Question 8
The management of the company is entrusted to.....
A
Promoters
B
Employees
C
Board of Directors
Question 9
High-low method is used for estimation of
A
linear coefficient
B
cost coefficient
C
slope coefficient
D
price coefficient
Question 10
Guarantee provided by MIGA to private investors covers risk of
A
transfer restriction
B
expropriation
C
breach of contract
D
all the above
Question 11
Rate of return (in percentages) is consists of
A
capital gain yield interest yield
B
return yield + stable yield
C
return yield + instable yield
D
par value + market value
Question 12
The persons who sign Articles ans Memorandum of the company and contribute in the initial share capital of the company are called
A
Subscribers
B
Managers
C
Directors
Question 13
A range of probability distribution with 95.46% lies within
A
(+ 1$\sigma$ and-1$\sigma$)
B
(+ 2$sigma$ and-2$sigma$)
C
(+ 3$\sigma$ and-3$\sigma$)
D
(+ 4$\sigma$ and-4$\sigma$)
Question 14
Relationship between Economic Value Added (EVA) and Net Present Value (NPV) is considered as
A
valued relationship
B
economic relationship
C
direct relationship
D
inverse relationship
Question 15
Prepaid expenses are considered as
A
Asset
B
Liability
C
Loss
D
Capital
Question 16
Current value of stock in portfolio with current option price Rs 20 is Rs 50, then present value of portfolio would be
A
Rs 30.00
B
Rs 70.00
C
Rs 40.00
D
Rs 80.00
Question 17
The rate of return on investment..... with the shortage of working capital.
A
falls
B
going
C
constant
D
change
Question 18
What software detects and removes or quarantines computer viruses?
A
Backup
B
Anti-virus
C
Firewall
D
Biometrics
Question 19
If purchase order lead time is 35 minutes and number of units sold per time is 400 units, then reorder point will be
A
14000 units
B
14500 units
C
15000 units
D
15500 units
Question 20
According to Fama French Three-Factor model, market value of company equity is used to calculate
A
size of portfolio
B
size of industry
C
size of market
D
size of company
There are 20 questions to complete.

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