Commerce online quiz 166

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Fixed cost per unit..... with rise in output and..... with fall in output.
A
Decreases, increases
B
increases, decreases
C
is constant, remains same
D
none of the above
Question 2
Material mix variance = standard cost of standard mix-..
A
Actual cost of actual mix
B
Actual cost of standard mix
C
Standard cost of actual mix
D
Standard cost of budgeted mix
Question 3
...... takes items of expenditure for libraries as the working data for allocation of funds.
A
Method of details
B
Per capita method
C
Principle of economy
D
Library budget
Question 4
More MCQs on Foreign Exchange Management 1. Difference between buying and selling rates in an exchange rate or interest rate quotation is known as
A
Strike price
B
Spread
C
Swap points
D
Spot rate
Question 5
Good inventory management is good..... management.
A
financial
B
Marketing
C
stock
D
purchasing
Question 6
What is the due date for issue of TDS Certificate?
A
The date of payment of TDS
B
Within 10 days from the date of payment of TDS
C
Within 20 days from the date of payment of TDS
D
Within 05 days from the date of payment of TDS
Question 7
If there is no common conclusion between the 2 members of AAAR, what will be the next option?
A
Decide based on the Majority by designating one more member to the AAAR for the time being
B
No Advance Ruling at the level of AAAR
C
Reject the Advance ruling Application
D
Any of the Above
Question 8
The Uruguay Round Agreement deal with subsidies which are
A
Prohibited subsidies
B
Actionable subsidies
C
Non-Actionable subsidies
D
All of the above
Question 9
Which one of the following rates is not decided by RBI.....
A
Bank rate
B
Base rate
C
Repo rate
D
Prime Lending rate
Question 10
Statistical errors mean
A
Errors committed while collecting data
B
Errors committed while calculating
C
Difference between the observed value and the true value
D
Difference between old data and current data
Question 11
An inward delivery charges and custom duties are classified as
A
direct labour costs
B
indirect labour costs
C
direct material costs
D
indirect material costs
Question 12
What is Capital Redemption Reserve Account available for?
A
Redemption of redeemable preference shares
B
Redemption of redeemable debentures
C
Reorganization of share capital
D
Issue of fully paid bonus shares
Question 13
The audit aims at
A
Examination of correctness of books of accounts
B
Examination of truthfulness of books of accounts
C
Examination of the authenticity of books of account
D
All of me above
Question 14
The currency notes of which of the following denominations are not printed in India?
A
Rs. 5
B
Rs. 10
C
Rs. 50
D
Rs. 2500
Question 15
Beta measures the.....
A
Investment risk rate
B
Financial risk
C
Market risk
D
Market and finance risk
Question 16
Tax paid on goods and services under..... Act is allowable both under SGST act and CGST Act?
A
IGST
B
VAT
C
Excise
D
Customs
Question 17
Which of the following can be distributed among the shareholders?
A
Capital reserve
B
General reserve
C
Revaluation reserve
D
All of the above
Question 18
An investor who writes stock call options in his own portfolio is classified as
A
due option
B
covered option
C
undue option
D
uncovered option
Question 19
If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then the demand curve for the commodity will be
A
Horizontal
B
Vertical
C
Positively sloped
D
Negatively sloped
Question 20
Purchase cost of assets over its useful life is classified as
A
appreciation
B
depreciation
C
appreciated assets
D
appreciated liabilities
There are 20 questions to complete.

Leave a Reply

Your email address will not be published. Required fields are marked *