Commerce online quiz 95

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।)
Suppose, Goods are sent for Job Work before the implementation date of GST and the same were not received back within 6 months from that date and not received it back even after the time extension of 2 months allowed on reasonable cause. What will be its
A
Deemed Supply of the Registered Dealer who sent the goods for Job Work
B
Deemed Supply of Job Worker
C
No Taxable Event
D
Either of the Party Liable to Pay GST
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Double declining balance method and sum of years digits are included in
A
yearly method
B
single methods
C
double methods
D
accelerated methods
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An electronic check is one form of what?
A
e-commerce
B
online banking
C
e-cash
D
check
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Suppose the demand for meals at a medium-priced restaurant is elastic. If the management of the restaurant is considering rasiing prices, it can expect a relatively
A
Large fall in quantity demanded
B
Large fall in demand
C
Small fall in quantity demanded
D
Small fall in demand
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Sales budget variance is subtracted from flexible budget amount to calculate
A
static budget amount
B
unstated amount
C
constant amount
D
variable amount
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..is an example of long-term budget
A
Cash budget
B
Capital expenditure budget
C
Research and development budget
D
Both b & c
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The deviation of the actual cost or profit or sales from the standard cost or profit or sale is known as.....
A
Difference
B
Variance
C
Discrepancy
D
Inconsistency
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.....is an allowance or deduction made from the invoice price of goods sold.
A
trade discount
B
cash discount
C
commission
D
none of these
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Direct material cost is $75000 and direct manufacturing labour is $20000, then prime cost would be
A
$55, 000
B
$37, 500
C
$95, 000
D
$26, 000
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
'Matrix organisation' refers to a term of
A
Organisation where authority and responsibility coexist
B
Organisation in which two or more basic types of departmentation are combined.
C
Mathematical arrangement of events in columns and rows.
D
None of the above
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Relationship between total risk of stock, diversifiable risk and market risk is classified as
A
total risk
B
standard deviation
C
standard alpha
D
treynor alpha
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Non-systematic risk is also known as.....
A
riskless
B
market risk
C
random risk
D
company-specific risk
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The limitation period for the completion of assessment in respect of non-filers of returns?
A
If fraud or wilful suppression-within 5 years from the due date or actual date of filing of the annual return whichever is earlier
B
If no fraud or no wilful suppression-within 3 years from the due date or actual date of filing of the annual return whichever is earlier
C
Either of the Above (a) or (b)
D
None of the Above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Betas tend to move towards 1.0 with passage of time are classified as
A
standard betas
B
varied betas
C
historical betas
D
adjusted betas
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An indifference curve is always
A
A vertical straight line
B
Convex to the origin
C
Concave to the origin
D
A horizontal straight line
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The virus that are commonly found in word documents are called.....
A
Macro
B
Trojan horse
C
Script virus
D
None of the above
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In which form, the largest percentage of national income is earned?
A
Interest income
B
Proprietor's income
C
Employee' wages
D
Rental income
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Value of sales considers sales value at split off method is of
A
entire direct material of accounting period
B
entire production of accounting period
C
portion of production of accounting period
D
entire indirect material of accounting period
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one is not international Institution?
A
IMF
B
IDA
C
IBRD
D
TRAI
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
How a person can submit the application for registration?
A
Filing FORM GST REG-01 along with necessary documents with the jurisdictional proper officer.
B
Filing FORM GST REG-01 electronically in the common portal and uploading the required documents along with the application.
C
Uploading necessary documents electronically in the common portal and also submitting manually to the jurisdictional proper officer.
D
None of the above
There are 20 questions to complete.

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