Commerce online quiz 40

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
If coupon rate is equal to going rate of interest then bond will be sold
A
at par value
B
below its par value
C
more than its par value
D
seasoned par value
Question 2
The return on equity capital ratio is obtained by dividing net profit (after tax) less preference dividend by
A
Equity capital
B
Total capital
C
Current assets
D
Current liabilities
Question 3
Arrests under GST are to be authorised by.....
A
Asst Commissioner
B
Joint Commissioner
C
Commissioner
D
None of the above
Question 4
Which of the following are included in the permanent facility for specific purpose of IMF?
A
The compensatory and contingency financing facility.
B
The buffer stock financing facility
C
The extended facility
D
All of the above
Question 5
Inspections, Search and seizure operations under GST are to be authorised by a CGST/SGST Officer not below the rank of.....
A
Dy Commissioner
B
Asst Commissioner
C
Joint Commissioner
D
Commissioner
Question 6
107: Assessment of depreciation and the amount to be charged in respect thereof in an accounting period are usually not based on
A
Market value of the asset
B
Historical cost or other amount substituted for the historical cost of the depreciable asset when the asset had been revalued
C
Expected useful life of the depreciable asset
D
Estimated residual value of the depreciable asset
Question 7
An expected dividend yield is added into expected growth rate to calculate
A
dividend return
B
expected rate of return
C
expected capital
D
invested capita
Question 8
Abnormal cost is..
A
Uncontrollable
B
controllable
C
fixed
D
none of these
Question 9
Real estate agent in Delhi charges brokerage fee to Company A located in Chandigarh for assistance in getting a commercial property in Kolkata. Which is the place of supply in this case?
A
Delhi
B
Chandigarh
C
Kolkata
D
None of the above
Question 10
Population census is made in India in every
A
7 years
B
10 years
C
15 years
D
20years
Question 11
Deduction under section 80C shall be allowed for
A
Any education fee
B
Tuition fee exclusive of any payment towards any development fee or donation or payment of similar nature
C
Tuition fee and annual charges
D
None of the above
Question 12
Such expenses which are included (even though they are not incurred) for taking managerial decisions are called
A
imputed
B
actual expenses
C
Notional expenses
D
none of these
Question 13
Bills receivable is a
A
Intangible fixed asset
B
Tangible fixed asset
C
Current asset
D
Investment
Question 14
What do you mean by DGTD?
A
Director General of Trade Development
B
Director General of Total Development
C
Director General of Technical Development
D
None of these
Question 15
An average unit cost, applicable to each similar produced units is classified as
A
per unit cost
B
per post cost
C
per price cost
D
application cost
Question 16
A marketing plan is composed of three basic components namely
  1. Objective
  2. Procedure
  3. Policies
  4. Decision
  5. Programme
  6. Command
A
i, ii, iii
B
i, ii, v
C
i, v, vi
D
i, iii, iv
Question 17
Stock Exchanges in India are under the control of.....
A
SEBI
B
SEC
C
RBI
D
financial Institution
Question 18
What are the circumstances when information collected by GST officer can be disclosed by such GST officer?
A
When serving show cause notice to an assesse
B
To the authority empowered to take disciplinary action, when inquiry is being conducted by such disciplinary committee
C
To an officer appointed for the purpose of conducting audit
D
All the above
Question 19
Cost accounts deal partly with facts and figures and partly with
A
costs
B
Estimates
C
income
D
revenue
Question 20
..... means using short-term forward contracts to offset ''paper'' gains and losses on the long-term assets and liabilities of foreign subsidiaries.
A
Hedging transaction exposure
B
Hedging balance-sheet exposure
C
Hedging economic exposure
D
Hedging cost exposure
There are 20 questions to complete.

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