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
Rational traders immediately buy stock when price is
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.

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