10000 MCQ /questions on commerce questions answers
What is hardware and/or software that protects computers from intruders?
Which one of the following statements is correct in respect of Duty Drawback Scheme?
Relieving export goods of duties paid for components used for manufacturing the export goods
Providing cash incentives to exporters to compensate the duty paid by them in foreign countries
Compensating importers to the extent of import duty paid by them for importing life-saving drugs
Providing a facility for withdrawing the duty paid by exporters if their exports are rejected in foreign countries
An asset must be..... by the business to be shown as an asset in its balance sheet.
Whether all persons are mandatorily required to obtain registration?
Not required if he is an agriculturist or person exclusively engaged in supplying exempt goods or services and for others if specified threshold limit exceeds in a financial year.
Not required if he is an agriculturist or person exclusively engaged in supplying exempt goods or services.
No, only if specified threshold exceeds in a financial year then only need to obtain.
Another name for stock brokers is.....
An acquisition cost of raw material is to be used in manufacturing, and becoming a component of cost object is classified as
direct material costs
indirect material costs
direct labour costs
indirect labour costs
The recipient must issue an invoice in the following cases:
The supplier fails to issue an invoice;
The supplier is unregistered;
The goods or services received notified for tax on reverse charge basis;
All of the above.
Which among the following committee has suggested a common national; examination with weight age to the State Board results normalized on the basis of percentile formula for admission to engineering institutions?
Suresh Tandon Committee
T. Ramasami Committee
Rajendra Kumar Committee
Dharam Paul Committee
X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up for Rs. 6 per share. What amount s
In capital asset pricing model, assumptions must be followed including
no transaction costs
fixed quantities of assets
all of above
Process costing is suitable for.....
oil reefing firms
brick laying firms
The budget relating to.....must be prepared first and the other budgets should be prepared in the light of that factor.
'Self-help by mutual help' is a feature of-
All of the above
Bin card is maintained by the.
"Process B had no opening inventory. 13, 500 units of raw material were transferred in at Rs 4.50 per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. I
Rs 12, 250.00
Rs 14, 437.50
Rs 25, 375.00
Interest rate is 12% and tax savings (1-0.40) then after-tax component cost of debt will be
An annual rate of 16% if quoted by credit card issuer usually a bank is classified as
loan rate of return
local rate of return
annual percentage rate
annual rate of return
An example of fixed cost.....
rent for building
direct material cost
The cost of capital of a firm is.....
The dividend paid on the equity capital
The weighted average of the cost of various long-term and short-term sources of finance
The average rate of return it must earn on its investments to satisfy the various investors
The minimum rate of return it must earn on its investments to keep its investors satisfied
After sending e-mail, which of the following activities is most common among Internet users?
sending instant messages
reading someone else's blog
using a search engine to find information
There are 20 questions to complete.