10000 MCQ /questions on commerce questions answers
As per RBI directives, the limit for not obtaining collateral security in case of advance to micro and small enterprises is Rs.....
Rs 1 lac
Rs 2 lac
Rs 5 lac
Rs 10 lac
Budgeting system.....key managerial functions.
none of these
The gross profit ratio is the ratio of gross profit to
Net cash sales
Net credit sales
Net total sales
Basic objective of cost accounting is.....
Which of the following is a service department?
Who among the following are not entitled to take credit on inputs held in stock under sub-section (3) of section 140?
First and second stage dealers
Manufacturers of exempted goods
SSI manufacturers having turnover below 90 lakhs.
SSI manufacturer having turnover above 90 lakhs.
Does cancellation of registration under CGST affect the liability under SGST/IGST for period prior to cancellation of registration?
Cancellation of registration will immune his liability under CGST only.
Cancellation of registration will immune his liability under IGST only.
Cancellation of registration will immune his liability under SGST and CGST but not under IGST.
Cancellation does not affect the liability of taxable person to pay tax and other dues under CGST/SGST/IGST Act.
A recovery of bad debt
increases net income
decreases net income
increases gross profit
increases gross profit and net income
Narrations are given at the end of
Each Ledger account
Each journal entry
HSN Code Stands for
Home Shopping Network
Harmonised System of Nomenclature
Harmonised System Number
Home State Number
A company having easy access to the capital markets can follow a..... dividend policy
Beta coefficient is used to measure market risk which is an index of
coefficient risk volatility
market risk volatility
stock market volatility
portfolio market portfolio
Low default-risk security issued by financially secure firms is classified as
U.S treasury bills
certificate of deposit
In monopolistic competition, a firm is in long run equilibrium
At the minimum point of the LAC curve
In the declining segment of the LAC curve
In the rising segment of the LAC curve
When price is equal to marginal cost
Department which directly adds value to product or service is known as
allocation base department
both a and b
Type of plan of a company, which quantities expectations of cash flows, income and financial position is known as
Risk lover's utility curves have.....
Convex to the origin
Negative slope and convex to the origin
- High morale always leads to high productivity.
- High Morale need not necessarily lead to high productivity.
(i) is correct, (ii) is incorrect.
(i) is incorrect (ii) is correct.
Both are correct.
Both are incorrect.
In vertical filing system, files or folders are kept.....
one upon the other
in standing upright position
in packets or large envelopes
in a cupboard, divided into a number of small compartments
Who invented the first operational ATM?
There are 20 questions to complete.