Commerce online quiz 58

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
"From the following information, calculate the extra cost of material by following EOQ: Annual consumption = 45000 units Ordering cost per order = Rs 10 Carrying cost per unit per annum = Rs 10 Purchase price per unit = Rs 50 Re-order quantity at present
A
No saving
B
Rs. 2, 00, 000
C
Rs. 2, 22, 010
D
Rs. 2, 990
Question 2
The basis adopted for piecemeal distribution of cash among the partners should be such that amounts finally left unpaid are in the ratio in which
A
Capital stands on the date of dissolution
B
Profits and losses are shared
C
Capital balances stood at the beginning of partnership
D
Private assets appear on the date of dissolution.
Question 3
A push through system, according to which goods are manufactured for finished inventory solely, on basis of forecasted demand can be classified as
A
in-time production
B
materials requirement planning
C
on-time production
D
pull strategy of production
Question 4
What type of ad appears under a web page?
A
pop-under ad
B
pop-up ad
C
banner ad
D
discount ad
Question 5
116: Valuation of inventory is dealt with in
A
AS-1
B
AS-2
C
AS-3
D
AS-4
Question 6
The debit balance in a nominal account shows
A
Gains
B
Expenses
C
Assets
D
None of these
Question 7
The WTO Agreement related to investment measures is:
A
TRIPS.
B
TRIMS.
C
GATS.
D
TCA.
Question 8
Which is the importance of the concept of cost of capital?
A
Helpful in comparative analysis of various sources of finance
B
Helpful in Capital structure decisions
C
Helpful in Capital budgeting process
D
All of the above
Question 9
Beta which is estimated as regression slope coefficient is classified as
A
historical beta
B
market beta
C
coefficient beta
D
risky beta
Question 10
Treasury bills are traded in the.....
A
money market
B
capital market
C
government market
D
regulated market
Question 11
Whether credit on inputs should be availed based on receipt of documents or receipt of goods
A
Receipt of goods
B
Receipt of Documents
C
Both
D
Either receipt of documents or Receipt of goods
Question 12
Current assets include
A
Stores & Spare parts
B
Stock in trade
C
Sundry Debtors
D
All of the above
Question 13
.....is the percentage of total deposits of a bank which it has to keep with itself in the form of liquid assets.
A
Statutory Liquidity Ratio (SLR)
B
Cash Reserve Ratio (CRR)
C
Statutory Reserve Ratio
D
Cash Ratio
Question 14
Under which depreciation method, the amount of depreciation expenses remains same throughtout the life of the asset?
A
Straight line method
B
Reducing balance method
C
Number of units produced method
D
Machine hours method
Question 15
M-wallet (mobile wallet) application called Buddy lauched by which of the following bank?
A
Axis
B
State bank of Travancore
C
ICICI
D
SBI
Question 16
Share Premium received by a Company may be used for-
A
Payment of dividend
B
Payment of remuneration to management
C
Issue of Bonus shares
D
None of these
Question 17
Certificates of Deposits can be issued for a minimum period of.....
A
1 year
B
6 months
C
3 months
D
45 days
Question 18
Income deemed to accrue or arise in India is taxable in case of
A
Resident only
B
Both ordinarily resident and NOR
C
Non-resident
D
All the assesses
Question 19
Contract costing is most appropriate method of costing for.....
A
construction industry
B
banking industry
C
textile mills
D
cement industry
Question 20
Example for a Supply of Goods in which possession of the goods is transferred. But, the Title of the Goods is not transferred at all and thereby attains the character of a supply of Service
A
Normal Sale of goods
B
Sales on Approval Basis or Hire Purchases
C
Rent a Car
D
None of the Above
There are 20 questions to complete.

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