10000 MCQ /questions on commerce questions answers
Globalisation is the term used to describe process of removal of restriction on
Both (A) and (B)
None of the above
If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be
Variability for expected returns for projects is classified as
What all modes of transfers covered under section 81
Any other mode of transfer
All of the above
Industry structure is defined as.....
the nature of the players in an industry and their relative bargaining power
a set of plans for achieving long term returns on the capital invested in a business firm
set of planned activities designed to result in a profit in a marketplace
how a company's product or service fulfills the needs of customers
The largest single institutional owner of common stocks is.....
POSDCORB is related to
Library reference service
The estimated value at which an asset is expected to be sold after the end of its useful life is called
All of the above
Future value of annuity FVA(ordinary) is, if deposited value is Rs 100 and earn 5% every year of total three years will be
A person who has applied for registration can
Provisionally collect tax till his registration is approved, on applying for registration, if he has applied for registration within prescribed time;
Neither collect tax nor claim input tax credit; Tax Invoice,
Issue 'revised invoice' and collect tax within 1 month of grant of registration, subject to conditions;
All of the above.
Refunds would be allowed on a provisional basis in case of refund claims on account of zero-rated supplies of goods and/or services made by registered persons. At what percentage would such provisional refunds be granted?
'Grapevine' is a type of
All of these
First announcement to introduce GST by 2010, is made in Year
2008 E. 2010
In the case of advances against fixed deposits receipts of the bank
deposit represented by the receipt is assigned to the bank
deposit receipt is pledged to the bank
deposit receipt is hypothecated to the bank
A lien is created on the deposit receipts in favour of the bank
A and B are sharing profits in the ratio of 2-1. They admit C into the firm 1/4th share in profits for which he brings Rs. 12, 000 as his share of capital. Therefore, the adjusts capital of B will be-
Rs. 48, 000
Rs. 12, 000
Rs. 16, 000
Rs. 24, 000
The face value of a company's share is Es. 100 Rs.The company issued it at. 150 Rs The present market price of that share is Rs. 200. The company declares a dividend of 20% on these shares. The amount of dividend on per share will be?
Loss leads to
reduction in income
Reduction in capital
Reduction in profit
Increase in capital
Which of the following measure have been taken to enlarge resources available to RRBs?
Lines of credit at a reasonable rate of Interest from sponsor banks.
Accepts to inter-RRB term money / borrowings.
Access to Repo/CBLO markets
All of these
Utility is more closely related to the term
Present value of future cash flows is Rs 2000 and an initial cost is Rs 1100 then profitability index will be
There are 20 questions to complete.