# Commerce online quiz 186

By | August 21, 2018

## 10000 MCQ /questions on commerce questions answers

 Question 1
Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as
 A sales value at split off method B joint products value at split off method C constant gross margin percentage NRV method D Gross realizable value method
 Question 2
The office management simply means to.....
 A Eliminate B Withdraw C Control D Decide
 Question 3
Digital signature is a.
 A Digital id, send as an attachment to a web page/e-mail/message B Is used for verifying the attachments send using web C Both a and b D None of these
 Question 4
The coupon rate is another name for the.....
 A market interest rate B current yield C stated interest rate D yield to maturity
 Question 5
Current liabilities are equal to?
 A Working Capital $\div$ Current Assets B Working Capital-Current Assets C Current Assets $\div$ Working Capital D Current Assets-Working Capital
 Question 6
The Ola, Uber etc. which facilitates branded services under a Brand Name or trade Name will be Known as:
 A ISD B Agents C E-Commerce Operator D Aggregators
 Question 7
Contract a/c is.....
 A a nominal a/c B a real a/c C a personal a/c D either nominal or real a/c
 Question 8
Which of the following is the Accounting equation?
 A Capital = Assets-Liabilities B Capital = Assets + Liabilities C Assets = Liabilities-Capital D Liabilities = Assets-Capital
 Question 9
All of the following are among the most common categories of spam except.....
 A fraud B commercial products C finance D health (drugs)
 Question 10
Which of the following is an advantage of standard costing?
 A Measuring efficiency B Facilitates cost control C Determination of variance D All of the above
 Question 11
A company purchased a vehicle for Rs.6000. It will be used for 5 years and its residual value is expected to be Rs.1000. What is the annual amount of depreciation using straight line method of depreciation?
 A Rs. 1000 B Rs. 2000 C Rs. 3000 D Rs. 5000
 Question 12
In financial planning, formula MAX [current price of stock-strike price, 0] is used to calculate
 A option return rate B exercise value C option value D stock value
 Question 13
Goods returned by customer should be debited to which of the following accounts?
 A Sales income account B Sales account C Return inward account D Expenses account
 Question 14
Arvind Panagariya the Vice-Chairman of NITI Aayog, what is/ are the correct facts about him?
 A He was former Chief Economist with the Asian Development Bank. B He was an economics professor at Columbia University. C He also worked for World Bank. D All of these.
 Question 15
 A too low B too high C conditional D inefficient portfolio
 Question 16
All inputs can be varied in
 A Short run B Long run C Both periods D None of the period
 Question 17
Costing and allocating situation, in which indirect cost allocated amount is less than actually incurred amount is known as
 A over allocated budget B under allocated budget C under allocated indirect cost D over allocated direct cost
 Question 18
The first Public Sector Bank that launch Instant Money Transfer (IMT) scheme in Mumbai?
 A UCO B UBI C SBI D BOI
 Question 19
Cash and carry arbitrage explains the determination of
 A Forward Rates for currencies. B Spot rates for currencies. C Both forward and spot rates for currencies. D Penalty for non-execution of forward contracts.
 Question 20
What is an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers?
 A Client/server network B Intranet C Extranet D Thin client
There are 20 questions to complete.