Commerce online quiz 8

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Cash Reserve Ratio (CRR) is to be maintained on Net Demand and Time Liabilities (NDTL). SLR is thus required to be maintained on.....?
A
Total Demand and Time Liabilities
B
Net Demand and Time Liabilities
C
Total Demand and Time Assets
D
Net Demand and Time Asset
Question 2
Which of the following is the expression for operating leverage?
A
Contribution/EBIT
B
EBT/Contribution
C
Contribution/EAT
D
Contribution/Quantity
Question 3
Proportionate credit for capital goods is allowed
A
for business and non-business purpose
B
for business or non-business purpose
C
both of the above
D
none of the above
Question 4
The return relative solves the problem of.....
A
inflation
B
negative returns
C
interest rates
D
tax differences
Question 5
An interest rate which is paid by firm as soon as it issues debt is classified as pre-tax
A
term structure
B
market premium
C
risk premium
D
cost of debt
Question 6
The cost of..process loss is absorbed in the cost of production of good units.
A
Abnormal
B
normal
C
both a & b
D
none of these
Question 7
If XYZ Ltd a company based out of Bangalore, awards online maintenance contract of its servers located in Mumbai office to Y INC, a company based out of USA, and as per the terms of the online maintenance X INC shall be required to perform regular mainte
A
Bangalore
B
Mumbai
C
USA
D
Washington
Question 8
What is the time limit for taking input tax credit by a registered taxable person
A
No time limit
B
1 year from the date of invoice
C
Due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains
D
Due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever
Question 9
In Regression Analysis, testing of assumptions if these are true or not is classified as
A
weighted analysis
B
average analysis
C
significance analysis
D
specification analysis
Question 10
Inspections can be conducted at the business places of, .....
A
Taxable persons
B
Transporter of goods
C
Owner or Operator of Godowns/Ware house
D
All of the above
Question 11
According to concept of conservatism, stock in trade is valued at
A
cost price
B
market price
C
cost price or market price whichever is less
D
cost price or market price whichever is higher.
Question 12
Zero Coupon Bond means
A
Securities on which no interest rate is paid and the issuer only pays the Face value
B
Bond issued against unsecured asset
C
A convertible debenture
D
Security issued at a very low interest rate
Question 13
Total costs in the short-term are classified into fixed costs and variable costs. Which one of the following is a variable cost?
A
Cost of raw material
B
Cost of equipment
C
Interest payment on past borrowing
D
Payment of rent on buildings
Question 14
In case the finn is all equity financed, WACC would be equal to
A
Cost of Debt
B
Cost of Equity
C
Neither
D
Both (A) and (B)
Question 15
Which of the following market entry strategies are the most common for existing firms?
A
first mover
B
fast follower
C
brand extender
D
alliances
Question 16
A person having.....business verticals in a State.....obtain a separate registration for each business vertical.
A
Single, shall
B
Multiple, shall
C
Multiple, may
D
Single, May
Question 17
The credit for inventing the word ''Privatisation'' goes to
A
Elton Mayo
B
F.W. Taylor
C
L. Urwick
D
Peter Drucker
Question 18
The default rule of place of supply of services made to any person other than a registered person if address on record exist shall be.....?
A
Location of service provider
B
Location where service is rendered
C
Location where agreement for rendering of service is executed
D
Location of the recipient
Question 19
MC curve cuts..... curves at their minimum points
A
AVC and AC
B
AFC and AVC
C
AC and AFC
D
All of the above
Question 20
MRP stands for
A
Management Resource Planning
B
Marketing Research Planning
C
Manufacturing Resource Planning
D
Material Requirements Planning
There are 20 questions to complete.

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