Commerce online quiz 81

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The ideal ratio between total long term funds and total long terms loan is.....
A
4:1
B
3:1
C
2:1
D
1:1
Question 2
In an option pricing, a rises in risk free rate results in option's value
A
slight time decreases
B
slight increases
C
slight decreases
D
slight time increases
Question 3
Is PAN Mandatory for Migration to Provisional GST registration?
A
No
B
Yes
C
PAN Application is sufficient.
D
Waiver/Exemption can be obtained on application to the officer
Question 4
Physical location exchange or telephone networks are types of
A
long-term markets
B
secondary markets
C
money markets
D
capital markets
Question 5
Whether any additional interest/penalty/prosecution will be leviable for non-payment of tax determined under provisional assessment?
A
Only interest specified under Section 50 will be liable.
B
Interest u/s 50 + Penalty of Rs. 10, 000.
C
Only Penalty @ 50% of the default amount.
D
No Penalty, only Prosecution.
Question 6
Idle time variance is.....
A
Idle time x actual labour
B
Idle time x standard rate
C
Idle time x budgeted labour rate
D
Idle time x historical cost
Question 7
Marginal revenue will be negative if elasticity of demand is
A
Less than unity
B
More than 1
C
Equal to 1
D
Equal to zero
Question 8
Trading place where traders meet one another to communicate is classified as
A
outcry auction system
B
outcry system
C
face to face communication
D
money communication
Question 9
A model which regresses return of stock against return of market is classified as
A
regression model
B
market model
C
error model
D
risk free model
Question 10
At what rate should the tax be collected at source?
A
0.50%
B
1%
C
2%
D
3%
Question 11
The person in charge of the conveyance carrying any consignment of goods exceeding the value of....., shall carry prescribed documents (E-Waybill)
A
50, 000
B
1, 00, 000
C
10, 000
D
100 lakhs
Question 12
DAGMAR approach in marketing is used to measure:
A
Public relations
B
Advertising results
C
Selling volume
D
Consumer satisfaction
Question 13
The Registration to be taken by an ISD will be:
A
IGST Registration
B
SGST Registration
C
SGST and CGST Registration
D
ISD Registration
Question 14
If residual error is 25 and predicted cost value is 50, then observed cost value would be
A
100
B
25
C
50
D
75
Question 15
Accounting does not record non-financial transactions because of the concept of
A
measurement
B
cost
C
accrual
D
entity
Question 16
The average profit is the difference between
A
AC and TC
B
AC and VC
C
AC and AR
D
AC and TR
Question 17
How many rate are used to calculate wages under Taylorss differential piece rate system?
A
two
B
three
C
four
D
five
Question 18
The Advance Ruling pronounced by the Appellate Authority shall be binding on
A
The applicant who sought the advance ruling.
B
The jurisdictional officer in respect of the applicant
C
(a) and (b)
D
None of the above
Question 19
The..... co-operatives are associations of producers for selling their products at remunerative prices.
A
Consumers
B
Producers
C
Marketing
D
Housing
Question 20
In an account, when credit side total < debit side total, then, the balance is known as
A
Negative balance
B
Debit balance
C
Positive balance
D
Credit balance
There are 20 questions to complete.

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