MCQ on COMMERCE

Commerce MCQ questions

Question 11 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
In stand-alone revenue-allocation method, type of weights available for this method is
A
selling prices as weight
B
unit costs as weights
C
physical units as weights
D
all of above






Question 12 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
In case of discontinuance of the AOP, the liability of the member exists in respect of the tax dues imposed.....
A
Prior to the date of discontinuance
B
After the date of discontinuance
C
Both prior and after the date of discontinuance
D
None of the above
Question 13 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Inventory turnover in days = Days during the period $\div$.....
A
Inventory turnover ratio
B
material consumed during the period
C
cost of average stock during the period
D
none of these






Question 14 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The time limit to proper officer to pass final order after accepting the refund application is-
A
Within sixty days from the date of receipt of application.
B
Within eighty days from the date of receipt of application.
C
Within ninety days from the date of receipt of application.
D
Within thirty days from the date of receipt of application.
Question 15 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Under Section 275 of the Companies' Act, 1956 a person can become director in public company of not more than-
A
5 companies
B
10 companies
C
15 companies
D
20 companies
Question 15 Explanation: 
No person, after the commencement of this Act, shall hold office as a director, including any alternate directorship, in more than twenty companies at the same time: Provided that the maximum number of public companies in which a person can be. appointed as a director shall not exceed ten.






Question 16 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The fundamental accounting equation' Assets = Liabilities + Capital' is the formal expression of
A
Dual aspect concept
B
Matching concept
C
Going concern concept
D
Money measurement concept
Question 17 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Small scale firms are..... flexible in their functioning.
A
more
B
not
C
less
D
none of the above






Question 18 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Which is not a component of ERP?
A
Legacy systems
B
Bolt on applications
C
Operational database
D
Cybersoft
Question 19 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Relevant incremental costs are added into relevant opportunity cost of capital to calculate
A
purchase order costs
B
relevant inventory carrying costs
C
irrelevant inventory carrying costs
D
relevant ordering costs






Question 20 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Labour turnover means:
A
Turnover generated by labour
B
Rate of change in composition of labour force during a specified period
C
Either of the above
D
Both of the above
There are 20 questions to complete.

7 thoughts on “MCQ on COMMERCE

  1. Nasir Bashir Mir

    Please inform me through email if any update
    Thanku

    Reply
  2. Basu Naik

    Thanks a lot sir….
    sir is there any possibility to access this in offline ? Its really helpful if its available in offline sir

    Reply

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