Commerce online quiz 73

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
An amount by which total cost changes with respect to change in level of activity is classified as
A
activity coefficient
B
cost coefficient
C
change coefficient
D
slope coefficient
Question 2
Non-bank entities must have net worth of at least how much to be eligible for operating white label ATMs:
A
Rs. 100 cr.
B
Rs. 200 cr.
C
Rs. 300 cr.
D
Rs. 400 cr.
Question 3
The Accounting Standard which states about Business Vertical is
A
AS-18
B
AS-17
C
AS-16
D
AS-7
Question 4
Which of the following is an inter-State supply?
A
Supplier of goods located in Delhi and place of supply of goods SEZ located in Delhi
B
Supplier of goods located in Delhi and place of supply of goods in Jaipur
C
Supplier of goods located in Delhi and place of supply of goods SEZ located in Chandigarh
D
All the above
Question 5
Who can be appointed as a Company Secretary under the Companies Act, 1956?
A
An individual
B
A partnership firm
C
A company
D
None of the above
Question 6
A..... balance in a personal account shows that the account concerned is a creditor's account
A
debit
B
credit
C
revenue
D
none of these
Question 7
Which of the following is not a widely used midrange or high-end e-commerce suite?
A
Microsoft Commerce Server
B
WebTrends Marketing Lab2
C
IBM WebSphere Commerce
D
Broadvision Commerce
Question 8
Interest on drawings is..... for the business
A
Loss
B
Expense
C
Gain
D
None of the above
Question 9
The time limit for payment of tax demand is from the date of service of the order,
A
3 months
B
90 days
C
6 months
D
1 year
Question 10
Cost of common stock is 15% and bond yield is 10.5% then bond risk premium will be
A
1.43%
B
8.50%
C
25.50%
D
4.50%
Question 11
The regulator of Micro Finance in India is:
A
Finance Ministry
B
Reserve Bank of India
C
State Bank of India
D
SEBI
Question 12
Which of the following is not the name of LAC curve?
A
Planning curve
B
Enveloping curve
C
Round curve
D
None of the above
Question 13
"Calculate re-order level from the following: Safety stock: 1000 units Consumption per week: 500 units It takes 12 weeks to reach material from the date of ordering"
A
1000 units
B
6000 units
C
3000 units
D
7000 units
Question 14
Public key encryption uses multiple keys.ne key is used to encrypt data, while another is used to decrypt data.he key used to encrypt data is called the..... key, while the key used to decrypt data is called the..... key.
A
encryption, decryption
B
private, public
C
encryption, public
D
public, private
Question 15
Which one of the following items is considered revenue expenditure?
A
Expenditure by way of maintenance that has increased productivity
B
Repair of a gearbox in a car that has enhanced its operational life
C
Complete overhaul of a machine, spending around 20% of its value
D
Changing a small component of a machine to maintain its operating efficiency
Question 16
What procedure should follow if the members of the Authority differ on any questionon which the advance ruling is sought?
A
The members of the authority shall state the point or points on which they differ and make a reference to the Appellate Authority for hearing and decision on such question.
B
The Authority will not take any decision and reject the application
C
The Authority will remand the case to jurisdictional officer
D
None of the above
Question 17
Management by exception implies focussing attention on-
A
All variations
B
Normal variations
C
Abnormal variations
D
Randomly selected variations
Question 18
A cash book that is used to record the small payments of cash is generally referred to as
A
Simple cash book
B
Two columns cash book
C
Three columns cash book
D
Petty cash book
Question 19
What is software you don't want hidden inside software you do want?
A
Adware
B
Trojan-horse software
C
Spyware
D
All of the above
Question 20
Discounted cash flow criteria for investment appraisal does not include
A
Not present value
B
Benefit cost ratio
C
Accounting rate of return
D
Internal rate of return
There are 20 questions to complete.

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