10000 MCQ /questions on commerce questions answers
In India, the Chit funds are governed / regulated by.....
Net income is Rs 2250 and noncash charges are Rs 1150 then net cash flow would be
Rs 1, 100.00
Rs 3, 400.00
Rs 2, 200.00
Rs 3, 500.00
Value of normal loss is charged to.....
other good product
profit and loss a/c
costing profit and loss a/c
All of the following are examples of intelligent agent technology except.....
automated response systems
automatic shipping confirmation
order status reports
online web bugs
Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is-
Rs. 50 lakhs or more
Rs. 1 crore or more
Rs. 2 crores or more
Rs. 3 crores of more
Contra entries are related to
Both cash and bank
None of these
A technique for estimating regression line, which minimizes sum of vertical deviations squares is classified as
least square technique
Which of the following statements is/are correct?
- Internal control includes quality control.
- Internal control is compulsory for all forms of business organizations.
- Internal control helps external auditor t
1 and 3
As a result of increase in the price of tea from Rs. 40 to Rs. 50 per pound, the demand for coffee increases from 500 pounds to 600 pounds. The cross elasticity of demand is?
The prime function of accounting is to
record economic data
provide the informational basis for action
classifying and recording business transactions
attain non-economic goals.
Which of the following is/are correct regarding banking in India? 1. Capital Adequacy Ratio is determined by RBI 2. RBI determines the savings rate of Interest 3. RBI imposes fine at bank rate on banks if they do not maintain reserve requirements as spec
An automobile service unit uses.....costing.
If it is easy for competitors to enter the market, the threat of new entrants is considered:
Step in initial public offering in which hired agents act on behalf of owners is classified as
corporation internal problems
corporation external problems
Free shares of stock given to share holders at present, based upon the number of shares that a share holder owns are:-
The Number of Digits in the PAN based GSTIN registration Number will be:
An implementation of activity based costing would be possible only if accountants find
goodness of each activity
handling of each activity
cost driver for each activity
cost object for each activity
Which of the following refers to creating products tailored to individual customers?
Consumer protection in India is ensured by
Consumer protection Act, 1946
Consumer protection Act, 1986
Consumer protection Act, 1990
Consumer protection Act, 1968
Money lends to corporations by banks is classified as
Eurodollar market deposits
consumer credit loans
consumer credit loans
There are 20 questions to complete.