10000 MCQ /questions on commerce questions answers
Effective cost of debentures is..... as compared to shares.
Out of the following, what is not true in respect of factoring?
Continuous Arrangement between Factor and Seller
Sale of Receivables to the factor
Factor provides cost free finance to seller
None of the above.
Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the
number of products produced
number of workers
Number of hours
Cost accounting is based on.....figures.
none of these.
Wider span of control is effective in organization where-
authority delegation is inadequate
tasks are complex
thorough subordinate training scheme exists
the leadership style is authoritarian
The exception to law of demand is
Both 'a' and 'b'
Plan of action; how an organization meets its opportunities and capabilities is classified as
step wise plan
What is the effect if the parliament annuls the rules/ notifications issued by government? (i) It is as good as no rules/ notifications were issued by the government (ii) The rules/ notifications issued by the government would be effective for the period
Only i & ii
Only i & iv
Only ii & iv
Only ii & iii
In 'make or buy' decision, it is profitable to buy from outside only when the supplier's price is below the firm's own.....
An alternative term used for accumulated depreciation expenses?
Provision for depreciation
The notice period required for conducting a departmental audit?
At least 7 working days
At least 15 working days
At least 21 working days
At least 30 working days
Right shares are the shares
Issued by a newly formed company
Legally issued to the public at large
Offered to the existing equity shareholders
That have a right of redemption
Full fledged money changers are authorized to undertake
only sale transactions
only purchase transactions
all types of foreign exchange transactions
purchase and sale of foreign currency notes, coins and travelers cheques
Parties to a bill of exchange are
All of the above
ITC includes tax payable under..... also
An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as
standard error of estimated coefficient
weighted error of estimated coefficient
average of estimated coefficient
variance of estimated coefficient
What will be the time period applicable for advance ruling?
The financial years covered under Advance Rulings
3 years from the date of advance ruling
Till the date when the law, facts or circumstances changes
5 years from the date of advance ruling
..... is a separate legal entity whose total capital can be divided into many shares
What is outsourcing of production and concentrating on marketing operations in international business, known as?
..... means a fraction of the capital of a company.
There are 20 questions to complete.