Commerce online quiz 183

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The weightage of the votes of the Central Government in GST Council Decision will be
A
1/2 of the votes
B
2/3 rd of the votes
C
1/3 rd of the votes
D
3/4th of the Votes
Question 2
Expenses incurred during production other than direct materials and direct labour are called..factory expenses; those charged to production on estimated basis are called.
A
Actual, applied
B
applied, actual
C
indirect, direct
D
none of these
Question 3
Which one is not a physical threat?
A
Hacking
B
Storm
C
Phishing
D
None of the above
Question 4
What is a serious case in GST?
A
Disputed Tax of and above 25 Lakhs
B
Disputed Tax of and above 50 Lakhs
C
Disputed Tax of and above 25 Crores
D
Disputed Tax of and above 25 Crores
Question 5
Stores Ledger is maintained in the
A
Store
B
finance department
C
cost accounting department
D
Both a & b
Question 6
An input of 5000kg of material introduced into the process and the expected loss is 8% and if the actual output from the process is 4300, the abnormal loss is.....kg
A
400
B
600
C
500
D
300
Question 7
Under..... basis both cash and accrual basis are taken into account.
A
single entry
B
mixed
C
combined
D
cash
Question 8
Which of the following is not a relevant cost in capital budgeting?
A
Sunk cost
B
Opportunity cost
C
Allocated overheads
D
Both (A) and (C) above
Question 9
An unlimited liability for business debts and less capital for growth are limitations of
A
proprietorship
B
personal business
C
Private Corporation
D
personal ownership
Question 10
The prescribed Time Period for completing Job Work on Capital Goods and thereby to avail IPT on inputs sent for Job Work will be: (Otherwise IPT will be reversed and allowed only on the actual receipt of the Capital goods after Job Work)
A
90 Days
B
180 Days
C
1 Year
D
2 Years
Question 11
Rate on debt that increases as soon market rises is classified as
A
rising bet rate
B
floating rate debt
C
market rate debt
D
stable debt rate
Question 12
The bond markets are important because
A
they are easily the most widely followed financial markets in the United States.
B
they are the markets where foreign exchange rates are determined.
C
they are the markets where interest rates are determined.
D
they are the markets without risk
Question 13
In calculation of time value of money, 'PMT' represents
A
present money tracking
B
payment
C
payment money tracking
D
future money payment
Question 14
The main objective of Auditing is?
A
To detect errors and fraud
B
To prevent errors and fraud
C
To find out accuracy, completeness and validity of accounts and documents
D
All of these
Question 15
The industry which is concerned with the breeding of plants or animals, which are used in reproduction is termed as.....
A
Construction industry
B
Extractive industry
C
Genetic Industry
D
Manufacturing industry
Question 16
Retain trading in government securities at select stock exchanges commercial in-
A
Jan. 2001
B
Jan. 2002
C
Jan. 2003
D
Jan. 2004
Question 17
Which one of the following is not in sequence of personnel training procedure
  1. Instructor Preparation
  2. Present the task
  3. Try out performance
  4. Training preparation
  5. Follow up.
A
(i), (ii), (iii), (iv) and (v)
B
(ii), (i), (iv), (iii) and (v)
C
(i), (iv), (ii), (iii) and (v)
D
(iii), (i), (ii), (v) and (iv)
Question 18
All of the following are techniques B2C e-commerce companies use to attract customers, except:
A
Registering with search engines
B
Viral marketing
C
Online ads
D
Virtual marketing
Question 19
The approaches to organisational changes are
A
Structural approach
B
Value centered approach
C
Technological approach
D
All of the above
Question 20
The most common type of Internet crime according to the IC3 is.....
A
Credit card fraud
B
Check fraud
C
Non-delivery
D
Auction fraud
There are 20 questions to complete.

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