Commerce online quiz 91

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।)
Average method of pricing the material issues is useful when.....
A
material prices are rising
B
material prices are falling
C
material prices are constant
D
material prices are fluctuating
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following permits the transmission of a bill, along with payment of that bill, to be conducted over the Internet?
A
financial cybermediary
B
electronic check
C
electronic bill presentment and payment
D
all of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A company invited application for subscription of 5, 000 shares. The application were received for 6, 000 shares. The shares were allotted on pro-rata basis. If X has applied for 180 shares how many shares would be allotted to him?
A
180 shares
B
200 shares
C
150 shares
D
175 shares
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Repeated use plans or standing plans include
A
Objectives and policies
B
Procedures and methods
C
Rules
D
All of the above
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Master budget includes all projections of company's budget and focuses on
A
serial correlation
B
marketing plan
C
financial plan
D
both B and C
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
While calculating weighted average cost of capital.....
A
Preference shares are given more weight age
B
Cost of issue is considered
C
Tax factor is ignored
D
Risk factor is ignored
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Type of costs that cannot be traced for individual products but help in supporting an organization are classified as
A
individual sustaining costs
B
facility sustaining costs
C
sustained tracing
D
support tracing
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..costing is applicable to printers.
A
Process
B
batch
C
multiple
D
job
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In incremental cost allocation method, cost object user who is ranked second in ranking order is known as
A
First incremental user
B
primary user
C
secondary user
D
second incremental user
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Span of controls means that
A
An organization consists of various departments
B
Each person's authority is clearly defined.
C
Every subordinate has one superior
D
A manager can supervise only a limited number of subordinates
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Premium which is considered as difference of expected return on common stock and current yield on Treasury bonds is called
A
current risk premium
B
past risk premium
C
beta premium
D
expected premium
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A rise in supply and demand in equal proportion will result in
A
Increase in equilibrium price and equilibrium quantity
B
Decrease in equilibrium price and increase in equilibrium quantity
C
No change in equilibrium price and increase in equilibrium quantity
D
Increase in equilibrium price and no change in equilibrium quantity
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Unsecured bonds which is designated for only notes payable or all other debts are classified as
A
designated bonds
B
payable bonds
C
ordinate bonds
D
subordinated bonds
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who among the following persons are allowed to carry forward credit under the CGST/ SGST law?
A
COT dealers not required to take registration under GST law in view of minimum threshold turnover
B
Regular dealers under the earlier law and opting for COT scheme under the GST law
C
Regular dealers under the earlier law and NOT opting for COT scheme under GST law
D
COT dealers under earlier law and continuing for COT scheme under GST law
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Reinvestment risk of bonds is higher on
A
short maturity bonds
B
high maturity bonds
C
high premium bonds
D
high inflated bonds
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost accounts deal partly with facts and figures and partly with.....
A
costs
B
Estimates
C
income
D
revenue
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Labour cost is the second element of.....
A
cost
B
profit
C
sales
D
task
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In the absence of partnership agreement the profit is shared by the partners-
A
equally
B
on the basis of capital invested
C
on the basis of decision of the court
D
on the basis of time spent
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following statements indicates the essence of Robbins definition?
A
''Economics is a subject concerned with an enquiry into the nature and causes of Wealth of Nations.''
B
''Economics is the study of mankind in the ordinary busi ness of life.''
C
''Economics is the science of scarcity.''
D
''Economics is the study of allocation of scarce resources and of the determinants of employment, income and economic growth.''
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case of rising prices (inflation), LIFO will:
A
provide lowest value of closing stock and profit
B
provide highest value of closing stock and profit
C
provide highest value of closing stock but lowest value of profit
D
provide highest value of profit but lowest value of closing stock
There are 20 questions to complete.

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