10000 MCQ /questions on commerce questions answers
If budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be
112.34 per piece
113.34 per piece
111.34 per piece
110.34 per piece
Assertion (A): Management audit is a statutory audit. Reason (R): Management audit is performed through innovative ideas.
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
In testing hypothesis, what is the size of the sample to be reckoned as a small sample?
Less than 30
Less than 25
Less than 40
Less than 100
Bond's promised rate of return is also considered as
yield to earning
yield to investors
yield to maturity
yield to return
During short period, diminishing returns may follow because
Quantity of labour is fixed
Quantity of output is fixed
Quantity of capital is fixed
Quantity of any one factor is fixed
What is the proposed late fee for delay in issuing the Certificate of TDS Deduction to the Deductee?
100/-Per Day with a Maximum of ' 5000/-
100/-Per Day with a Maximum of ' 10, 000/-
100/-Per Day with a Maximum of ' 25000/-
No Late fee at all.
Which of the following statements is not true?
The nature and implementation of specific HR practices depends upon the socio-economic contexts in which the firm operates.
There remains considerable variety in the HRM policies followed by MNCs.
People management in MNCs poses specific problems and challenges.
There is an emerging international model of HRM.
The equilibrium is unstable and indeterminate under
Approaches used to allocate joint costs include
sales value at split off method
net realizable value method
constant gross margin percentage NRV method
all of above
Principal entitled for input tax credit on inputs sent for job work
If goods sent are returned within nine months
If goods sent are returned within three years
If goods sent are returned within six months
If goods sent are returned within one year
Which is not a method of performance appraisal?
Straight ranking method
Man-to-man comparison method
Check list method
None of the above
The..... Officer is empowered to assist the proper officer.
More MCQs on Foreign Exchange Management 1. The EU is the major provider of FDI for:
developing Asian countries
all of these regions.
Balance of Payment can be made favourable if
Exports are increased
Imports are increased
Devaluation of money
(A) and (C).
..... budgeting does not take into account what happened in the past but emphasizes on current activities.
Inflation has become a major area of concern in India these days. What measures do the Govt of India / RBI normally take to control the same? A. Fixation of Maximum Prices of the Commodities. B. System of Dual Prices C. Increase in supply of food-grains
Only A and B
Only C and D
Only B, C and D
All A, B, C and D
A materials requirements planning (MRP) system is an example of.....
a multi-tier supply chain
a legacy computer system
electronic data interchange
The following error will affect the Trial Balance
Error of partial omission
Error of principle
Error of complete omission
All of the above
Type of premium asked by investors for bearing risk on average stock is classified as
market risk premium
Laissez Faire policy is adopted in
Socialist Economic system
Capitalist Economic system
Mixed Economic System
Communist Economic System
There are 20 questions to complete.