10000 MCQ /questions on commerce questions answers
Leather being used as one of the binding materials i.e., ..... is the strongest leather.
The banks get benefited most from which of the following entity?
Fee of services
When should the invoice be received in order to fall under this section if the services are received before the applicability of GST and is pending for distribution on the date of GST?
Before the date of applicability of GST
After the date of applicability of GST
On the date of applicability of GST
The date of receipt of invoice is immaterial.
Identify the transaction that has no effect on the current ratio.
Preference shares redeemed
Bills receivable collected
Motor car sold for cash
Machinery bought for cash
At the time of admission of a new partner, general reserve is transferred to-
Old partner's Capital Account
Profit and Loss Adjustment Account
None of these
Transmission of shares takes place in the following case-
Sale of shares
Theft of shares
Operation of any law
All of these
In case supplier has deposited the taxes but the receiver has not received the documents, is receiver entitled to avail credit?
Yes it will be auto populated in recipient monthly returns
No as one of the conditions of 16(2) is not fulfilled
Yes if the receiver can prove later that documents are received subsequently
None of the above
Profit forgone by capital investment in inventory rather than investment of capital to somewhere else is classified as
relevant purchase order costs
relevant inventory carrying costs
irrelevant inventory carrying costs
relevant opportunity cost of capital
Markowitz's main contribution to portfolio theory is.....
that risk is the same for each type of financial asset
that risk is a function of credit, liquidity and market factors
risk is not quantifiable
insight about the relative importance of variances and co variances in determining portfolio risk
Future value of interest if it is calculated two times a year can be a classified as
Which form of e-marketplace brings together buyers and sellers from the same industry?
Which segment is eBay an example?
None of the above
If relevant incremental costs are $5000 and relevant opportunity cost of invested capital is $2500, then relevant inventory carrying costs would be
The prescribed time period for the disposal of an appeal against the Advance Ruling?
Within 30 days of the filing of the appeal
Within 60 days of the filing of the appeal
Within 90 days of the filing of the appeal
Within 180 days of the filing of the appeal
Operating costing is suitable for.....
job order business
Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called
derivative exchange markets.
In the Indian context, the emphasis on import substitution often run counter to.....
the objective of managerial development
the objective of Sports develpment
the objective of Skill develpment
the objective of Technological develpment
An increasing in interest rate leads to decline in value of
budget is the preparation of budget starting from a clean state.
none of these
100 units are introduced in a process in which normal loss is 5% of input If actual output is 97 then there is.....
no abnormal loss and normal gain
2 units of abnormal gain
3 units of abnormal gain
3 units of normal loss
There are 20 questions to complete.