Commerce online quiz 225

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The person to whom goods are sold on credit is known as-----.
A
creditor
B
debtor
C
borrower
D
none of these
Question 2
Income which accrue or arise outside India and also received outside India taxable in case of
A
resident only
B
not ordinarily resident
C
both ordinarily resident and NOR
D
none of the above
Question 3
The..... business model involves an independently owned vertical digital marketplace for direct inputs.
A
e-distributor
B
exchange
C
e-procurement
D
private industrial network
Question 4
The following amounts due cannot be paid through installments,
A
Self-assessed tax shown in return
B
Short paid tax for which notice has been issued
C
Arrears of tax
D
Concealed tax
Question 5
In situation of bankruptcy, stock which is recorded above common stock and below debt account is
A
debt liabilities
B
preferred stock
C
hybrid stock
D
common liabilities
Question 6
Which of the following is NOT the feature of Real Time Gross Settlement (RTGS)?
A
Payments are settled transaction by transaction
B
Settlement of funds is recoverable
C
Settlement is done in real time
D
It is a fully secured system which uses digital signatures and public key encryption for safe and secure message trasmission.
Question 7
Office layout aims at.....
A
providing space to all employees
B
optimum utilization of space
C
providing larger open space
D
providing space
Question 8
What are the reasons on which an application for settlement can be rejected?
A
Cases on which appeals are pending before any Tribunal bench or courts
B
Cases involving rate of tax issue or determination of liability to pay tax
C
Non-remittance of the prescribed fee
D
All of the Above
Question 9
Payback period in which an expected cash flows are discounted with help of project cost of capital is classified as
A
discounted payback period
B
discounted rate of return
C
discounted cash flows
D
discounted project cost
Question 10
Bad loans in banking terminology are generally known as-
A
BPOs
B
Prime Asset
C
NPAs
D
CBS
Question 11
Process of assigning direct or indirect cost to any cost object is known as
A
cost assignment
B
cost expectation
C
event assignment
D
probability assignment
Question 12
Over time is.....
A
actual hours being more than normal time
B
actual hours being more than standard time
C
standard hours being more than actual hours
D
actual hours being less than standard time
Question 13
In monopoly, the relationship between average and marginal revenue curves is as follows
A
AR curve lies above the MR curve
B
AR curve coincides with the MR curve
C
AR curve lies below the MR curve
D
AR curve is parallel to the MR curve
Question 14
Which one of the following is not a money market securities?
A
Treasury bills
B
National savings certificate
C
Certificate of deposit
D
Commercial paper
Question 15
Investment is the.....
A
net additions made to the nation's capital stocks
B
person's commitment to buy a flat or house
C
employment of funds on assets to earn returns
D
employment of funds on goods and services that are used in production process
Question 16
More MCQs on Foreign Exchange Management 1. FRAs can't be used for
A
Hedging.
B
Arbitraging.
C
Speculating.
D
Any of the Above.
Question 17
Difference between actual return on stock and predicted return is considered as
A
probability error
B
actual error
C
prediction error
D
random error
Question 18
Third step in estimation of cost function, by using quantitative analysis is collection of data for
A
cost and cost object
B
price and cost driver
C
dependent variable and cost driver
D
independent variable and cost driver
Question 19
Whether validity of service of notice can be called into questionwhen assessee has submitted himself to adjudication proceedings pursuant to such notice?
A
Yes
B
No
C
Depends of the facts of the case
D
None of the above
Question 20
If profit margin = 4.5% and total assets turnover = 1.8% then return on assets DuPont equation would be
A
2.50%
B
8.10%
C
0.40%
D
4.00%
There are 20 questions to complete.

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