Commerce online quiz 329

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is not an indirect expense?
A
Factory Overhead
B
Direct Labour
C
Office Overhead
D
Advt.
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If a Registration is cancelled, the Electronic Credit Ledger or Electronic Cash Ledger are debited by:
A
IPT availed on Stock, Semi-Finished Goods or finished Goods and Capital Goods
B
OPT payable on Such Goods
C
IPT availed on Stock, Semi-Finished Goods, finished Goods and Capital Goods or OPT payable on Such Goods whichever is Higher
D
No Tax Liability on Cancellation of Registration
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The portion of share capital which can be called up only on the winding up of a company is known as-
A
Called up capital
B
Paid up capital
C
Authorised capital
D
Reserve capital
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Retained earnings are?
A
an indication of a company's liquidity
B
the same as cash in the bank
C
not important when determining dividends
D
the cumulative earnings of the company after dividends.
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... days of grace are allowed in case of time bills, for calculating date of maturity
A
2
B
4
C
3
D
5
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The cost which is to be incurred even when a business unit is closed is a.....
A
imputed cost
B
historical cost
C
sunk cost
D
shutdown cost
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
OTP stands for.
A
On Time Password
B
On Time processing
C
One time processor
D
None
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
EPS is calculated as
A
EBIT / Equity shares
B
(EBIT-Preference Dividend) / Equity shares
C
EIT / Equity shares
D
(EAT-Preference Dividend) / Equity shares
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Total cost related to work in process inventory is divided by total units of work done is used to calculate
A
Gross weighted margin
B
weighted average revenue
C
weighted average cost
D
weighted average conversion cost
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When a right to purchase securities is acquired it is know as.....
A
call option
B
put option
C
double option
D
single option
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Price of an outstanding bond increases when market rate
A
never changes
B
increases
C
decreases
D
earned
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Membership of a co-operative is.....
A
compulsory
B
voluntary
C
not essential
D
not compulsory
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as
A
bundled products allocation method
B
variable cost allocation method
C
stand-alone cost allocation method
D
incremental cost allocation method
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Electronic Credit Ledger is Credited by:
A
Cash Deposit towards Tax remittance
B
IPT on IGST, CGST and SGST
C
Cash Deposit towards Fees, Fine, Interest and Penalty
D
Advance tax Remittance
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following aims is achieved most through Office Record keeping?
A
Efficiency of operations on shop floor
B
Business reputation
C
Storage of documents
D
Helping decision making
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the society because
A
Goods will be sold in many markets
B
Cost of production falls and hence price
C
Consumers get better quality goods
D
None of the above answer is correct
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Real risk-free rate is applicable when it is expected that there will be
A
high inflation
B
low inflation
C
no inflation
D
none of above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Discarded material substances having no value is called.....
A
waste
B
scrap
C
defectives
D
spoilage
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The smart card which use antenna for reading and writing data.
A
Contact smart card
B
Contactless smart card
C
Proximity smart card
D
Both B and C
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Growth rate which is predicted by marginal investors for dividends is classified as
A
expected growth rate
B
annual growth rate
C
past growth rate
D
unexpected growth rate
There are 20 questions to complete.

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