10000 MCQ /questions on commerce questions answers
Mathematical relationships exist between operating and financing activities that affect master budget are called
math plan model
financial planning models
operating plan models
master plan models
Pricing model approach in which it is assumed that stock price can have one of two values of stock is classified as
Is Input tax to be reversed in case of supply of capital goods
Yes, to extent of credit taken as reduced by prescribed percentage or tax on transaction value whichever is higher
Yes to the extent of transaction value of such goods
Can government make retrospective rules?
Yes. But cannot impose penalty for contravention of rules for retrospective period
Yes and also can impose penalty for contravention of rules for retrospective period
None of the above
Decentralisation of an organization is commanded on account of which of the following advantages?
- Reduced burden on top executives
- Executive development
- Improvement of morale
- Solves problems of coordin
2 and 3
1, 2, and 4
1, 2 and 3
3 and 4
The Head Office of which of the following banks is in Mumbai?
Punjab National Bank
Bank of Maharashtra
Union Bank of India
Arrests under GST are to be authorised by.....
None of the above
Average cost method of valuing material issues is suitable when.....
prices fluctuate considerably
none of these
In the co-operative organization, the voting rights of members are.....
in proportion to the capital paid by each member
equal, irrespective of amount of capital contribution
in proportion to the nominal value of capital held by each member
in proportion to the total finance supplied including the amount of loan by each member
Stock market theory which states that stocks are in equilibrium and impossible for investors to beat market is classified as an
inefficient market hypothesis
efficient market hypothesis
efficient stock hypothesis
inefficient stock hypothesis
Partnership may come into existence.....
by the operation of law
by an express agreement only
by an express or implied agreement only
by inheritance of property
Value of stock is Rs 250 and call option obligation is Rs 100 then current value of portfolio would be
Hewlett-Packard and Microsoft are examples of
limited corporate business
unlimited corporate business
controlled corporate business
From the information given below, calculate Debt service coverage Ratio-Net profit after interest and Tax Rs. 40, 000, Depreciation Rs. 5, 000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60, 000. Fixed Interest Charges Rs. 6, 000, Debenture Redemp
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 (ii) & (iii)
Only (ii) & (iv)
Only (iii) & (iv)
Which of the following is (are) type(s) of Public Limited Companies?
Non listed companies
Private limited companies
Both listed and non listed companies
Under what circumstances physical verification of business premises is mandatory?
Physical verification of business premises is a discretionary power of proper officer.
If additional information for registration asked by the proper officer is not submitted within specified time.
If certificate of registration is obtained on misrepresentation of facts.
If photograph of the business premise is not uploaded in the common portal within specified time.
Operating costing is also known as.....costing.
Debit the receiver and credit the giver is the rule for----..
In cost terms, direct manufacturing labour cost is included in
both B and C
There are 20 questions to complete.