Commerce online quiz 7

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।)
Debit the receiver and credit the giver is the rule for.....
A
nominal
B
personal
C
real
D
liability
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who is considered as an e-commerce operator, who.....digital or electronic facility or platform for electronic commerce
A
Owns
B
Operates
C
Manages
D
Any of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following has the highest cost of capital?
A
Loans
B
Equity shares
C
Bonds
D
Preference shares
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Last in first out method is suitable in times of.....
A
Rising prices
B
falling prices
C
fluctuating prices
D
none of these
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Every tax payer paying tax under section 10 (Composition levy) shall file the return in
A
Form GSTR 3 by 18th of the month succeeding the quarter
B
Form GSTR 4 by 18th of the month succeeding the quarter
C
Form GSTR 4 by 18th of the succeeding month
D
Form GSTR 4 by 20th of the month succeeding the quarter
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is a privacy advocacy group that is a foundation-and business-supported group with a legislative focus?
A
Cdt.org
B
PrivacyInternational.org
C
Epic.org
D
Privacy.org
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The last stage in a grievance redressal procedure is handled by
A
Union
B
Voluntary Arbitrator
C
H.R. Department
D
Grievance committee
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Acid test ratio is equal to quick current assets divided by....
A
Current liabilities
B
Current assets
C
Total liabilities
D
Total assets
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Quantity demanded is a
A
Flow concept
B
Stock concept
C
Both 'a' and 'b'
D
None of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In inter process profits, the output of one process is transferred from one process to another not at.but at.
A
Market price, actual cost
B
Actual cost, market price
C
both a& b
D
none of these
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Blanket overhead rate is:
A
One single overhead absorption rate for the whole factory
B
Rate which is blank or nil rate
C
rate in which multiple overhead rates are calculated for each production department, service department etc
D
Always a machine hour rate
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost of production is equal to
A
works overhead plus administration overheads
B
Prime cost plus Works cost
C
prime cost plus works overhead
D
Works cost plus Administration Overheads
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The direct advantages of accounting do not include
A
Preparation of financial statements
B
Comparison of results
C
Competitive advantage
D
Information to interested groups
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Suppose, after filing of the application for settlement, if the applicant is convicted of any offence or the commission convinced that the applicant is not co-operating with them. What will be the fate of the settlement application?
A
To proceed with the available data
B
To proceed with the data furnished already and that received from the new offence details
C
To send back the case to the proper adjudicating authority
D
Any of the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What are the non-appealable orders or decisions in GST? (i) File Transfer from authority to another (ii) Order related to seizure or retention of books of accounts and other documents (iii) Prosecution sanctioning order (iv) Installment Order Codes:
A
i only
B
i & iv only
C
ii, iii & iv only
D
i, ii, iii & iv
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The protocol which allows the file transfer between computers is.
A
TCP/IP
B
FTP
C
HTTP
D
SOA
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
By which account of the IMF all its business in national currencies is conducted?
A
General Account
B
Special disbursement account
C
World Bank Account
D
Drawing Account
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5, 00, 000. As per agreement Rs. 80, 000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many shares should X Ltd. issue to Maruti Udyog Ltd.
A
30, 000 shares
B
29, 000 shares
C
28, 500 shares
D
28, 000 shares
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In the case of plant, the limiting factor may be:
A
Insufficient capacity
B
shortage of experienced salesmen
C
general shortage of power
D
shortage of materials
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
First step in determining an efficient portfolio is to consider
A
set of attainable portfolios
B
set of unattainable portfolios
C
set of attributable portfolios
D
set of attributable portfolios
There are 20 questions to complete.

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