10000 MCQ /questions on commerce questions answers
Who is a principal as per Section 143?
A person who sends inputs and/or capital goods for job-work
A registered taxable person who sends inputs and/or capital goods for job-work
A registered taxable person who supplies inputs and/or capital goods for job-work
A registered person
The value of EBIT at which EPS is equal to zero is known as.....
Financial break-even point
Operating break-even point
Overall break-even point
In transport costing charges vary more or less in direct proportion to kilometers run.
Can a registered person opt for composition scheme only for one out of his 5 business different units having same Permanent Account Number?
Yes, with prior approval of the Central Government
Yes, subject to prior approval of the GST Council
A line which shows relationship between an expected return and risk on efficient portfolio is considered as
efficient market line
attributable market line
capital market line
security market line
Non cash revenues are Rs 500, 000 and net income is Rs 950, 000 then net cash flow would be
Rs 475, 000.00
Rs 485, 000.00
Rs 1, 450, 000.00
Rs 450, 000.00
..... is an economic system based on the principal of free enterprise.
..... decision relates to the determination of total amount of assets to be held in the firm.
When a company taken over another one and clearly becomes the new owner, the action is called
None of the above
Certain restrictions or conditions imposed by a Government in respect of foreign investment in a country are denoted by:
If the total assets of the firm are Rs. 1, 00, 000, outside liabilities are Rs.40, 000, the capital contributed by the owner is
Rs. 1, 00, 000
Rs. 40, 000
Rs. 20, 000
Rs. 60, 000.
.....helps in ascertaining costs beforehand.
none of these
Which of the following do not enjoy scheduled bank status with RBI?
State co-operative banks
Regional rural banks
Foreign banks in India
District Cooperative banks
Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate
Gross weighted spoilage
Convertibility of the rupee implies.....
Being able to convert rupees notes into gold
Allowing the value of the rupee to be fixed by marketforces
Freely permitting the conversion of rupee to other major currencies and vice versa
Developing an international market for currencies in India
Business Plans designed to achieve the organisation objective is called
Human Resource Planning
Human Resource forecasting
Corporate Development Plan
According to Black Scholes model, rate which is constant and known is classified as
short term return rate
long term return rate
risk free interest rate
risky rate of return
Decision model to calculate optimal quantity of inventory to be ordered is called
efficient order quantity
economic order quantity
rational order quantity
optimized order quantity
Discount allowed is
Expense of business
Income of business
Loss of business
Abnormal loss of business
Larger production of..... goods would lead to higher production in future
There are 20 questions to complete.