10000 MCQ /questions on commerce questions answers
The study of encryption is called.....
All the above
Which of the following item of expenses will not appear in cost accounting.
Direct material cost
Loss on sale of fixed assets
Direct expenses are also called.....
After television, the next largest major player in the commercial entertainment industry is.....
Which of the following is not included in the category of 'Intangible Assets'?
Competitive benefit and privileges
The requirements of a particular job are known as
both a & b
On which category of person will sub-section (6) of section 140 be applicable?
A registered person either paying tax at a fixed rate or paying a fixed amount in lieu of the tax payable under the existing law
A person who pays under the normal scheme under the GST law
A person who was paying under the composition scheme under the earlier law
A person who was exempt in the earlier law
Consider the following statements-A cash flow statement is generally prepared for
- Ascertaining the net cash flows between two accounting periods.
- Understanding the trends of cash flows between two accounting p
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Value of free cash flows Rs55000, operating cost and taxes Rs30000, then value of sales revenues (in Rs) will be
Rs 25, 000.00
Rs 85, 000.00
Rs 35, 000.00
Rs 45, 000.00
The primary relationship between the banker and the customer is that of:
Trustee and beneficiary
Debtor and Creditor
Principal and agent
Lesser and lessee
What is the punishment in the case of a tax evasion case between Rs.50/-Lakhs and Rs.250/-Lakhs
5 Years imprisonment and fine
3 Years imprisonment and fine
2 Years imprisonment and fine
1 Years imprisonment and fine
Bonds issued to individuals by corporations are classified as
U.S treasury bonds
What is 'deemed exports' provisions applicable to?
Deemed export provision is applicable only to goods
Deemed export provision is applicable only to services
Deemed export provision is applicable both to goods and services
Deemed export provision is applicable when goods and services are supplied to SEZ units/ developers
Find the correct match of annual returns to be filed
Registered taxable person-Form GSTR
Input service distributor-Form GSTR 9
Non Resident taxable person-Form GSTR 9B
Compounding taxable person-Form GSTR 9A
A portfolio consists of all stocks in a market is classified as
RBI can issue bank notes of maximum denomination-
When demand is perfectly inelastic, an increase in price will result in
A decrease in total revenue
An increase in total revenue
No change in total revenue
A decrease in quantity demanded
In weighted average cost of capital, capital components are funds that usually offer by
If current price increases from lower to higher then an
option value equal to one
option value will increase
option value will decrease
option value equal to zero
In an Economy, where capital output ratio is 5.2 what should be the saving income ratio to bring about a growth rate of 6.2% in the National Income?
There are 20 questions to complete.