10000 MCQ /questions on commerce questions answers
For companies in service sector, cost which is not considerable is
factory overhead costs
manufacturing overhead costs
Assertion (A): Certificate of Origin is an export related document and it is issued by the Chamber of Commerce. Reason (R): Certificate of Origin is used by importer to take delivery of goods.
Both A and R are true and R is the correct explanation of A
Both A and R are true but R is NOT a correct explanation of A
A is true but R is false
A is false but R is true
Which of the following are sources of growth?
All of the above
Assertion (A). Referred decisions are required to be made by the actions of a superior manager. In other words, these decisions are 'delegated up' by a subordinate. Reason (R). Initiative decisions are made by ambiguous managers who have high need for ac
Both (A) and (R) are true
Both (A) and (R) are false
(A) is false and (R) is true
(A) is true and (R) is false
The Life Insurance in India was nationalised in the year-
What is the time period within which the final assessment order should be passed?
Six months from the date of the provisional assessment.
Nine months from the date of the provisional assessment.
Three months from the date of the provisional assessment.
One year months from the date of the provisional assessment.
Total sales is Rs. 7, 60, 000, cash sales Rs. 30, 000 collection period is 25 days, debtors at Balance Sheet date will be-
Rs. 80, 000
Rs. 70, 000
Rs. 60, 000
Rs. 50, 000
Variance, if used to alert managers before time of problem is called
A combination of software and information designed to provide security and information for payment is called a what?
pop up ad
External factors such as expiration of basic patents and industry competition effect
The Market environment consists
All of these
Which one of the following is the condition of equilibrium for the monopolist?
The quantity of material to be ordered at one time is known as.....
commercial order quantity
economic order quantity
none of these
Relationship between cost and cost drivers is
Accounting ratios can be expressed in the following forms: 1 Pure number
Percentage Times Fraction Select the correct answer using the codes given below
1 and 2
1, 2 and 3
2 and 3
1, 2, 3 and 4
Given: Epx = Percentage change in Qy / Percentage change in Px The above relationship is:
Arc Cross Price Elasticity
Budgeted annual indirect costs are divided to budgeted annual quantity of cost allocation base to calculate
expected indirect cost rate
expected direct cost rate
budgeted indirect cost rate
budgeted direct cost rate
What is an electronic representation of cash?
All of the above
In cash flow estimation, depreciation is considered as
cash flow discounts
net salvage discount
The most widely used encryption standard is.....
Advanced Encryption Standard (AES)
Data Encryption Standard (DES)
Universal Encryption Standard (UES)
Optimal Encryption Standard (OES)
There are 20 questions to complete.