Commerce online quiz 227

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Fixed cost per unit.....with increase in output.
A
decreases
B
increases
C
changes
D
sometimes
Question 2
.....is an example of short-term budget
A
Cash budget
B
Capital expenditure budget
C
Material budget
D
Both a & c
Question 3
An amount of spoilage that is not natural in a specific production process is categorized as
A
normal scrap
B
normal spoilage
C
abnormal spoilage
D
weighted spoilage
Question 4
What are the permissible areas on which Advance Ruling can be sought?
  1. Classification of Goods or Services and Allicability of Notifications
  2. Valuation Rules
  3. Admissibility of Input tax or liability to pay
A
i, ii & iii
B
i, ii & iv
C
ii, iii & iv
D
i, ii, iii & iv
Question 5
Qualities demanded from the job holder is technically known as.....
A
Job description
B
job specifications
C
job evaluation
D
Both (A) and (B)
Question 6
A unit cost calculated in costing system, by assigning total costs incurred to many similar units is categorized as
A
accounting period costing system
B
process costing system
C
job costing system
D
none of above
Question 7
How the transactions occur in e-commerce?
A
Using e-medias
B
Using computers only
C
Using mobile phones only
D
None of the above
Question 8
An average return of portfolio divided by its coefficient of beta is classified as
A
Sharpe's reward to variability ratio
B
treynor's reward to volatility ratio
C
Jensen's alpha
D
treynor's variance to volatility ratio
Question 9
A bearer of a share warrant of a company is.....
A
a creditor of the company
B
a member of the company
C
a member subject to certain conditions
D
not a member of the company
Question 10
In his traditional role the finance manager is responsible for.....
A
proper utilisation of funds
B
arrangement of financial resources
C
acquiring capital assets of the organization
D
Efficient management of capital
Question 11
An assumption of specification analysis, which states all values of residuals which are uniformly scattered around regression line is classified as
A
abnormality of residuals
B
normality of regression
C
normality of residuals
D
abnormality of regression
Question 12
Funds which are used as an interest-bearing checking accounts are classified as
A
money market funds
B
capital market funds
C
money mutual funds
D
insurance money funds
Question 13
Basis of apportionment of stores service expenses is.....
A
Value of materials consumed
B
units of material consumed
C
products produced
D
none of these
Question 14
The process of redistribution of service department costs to production departments is.....
A
departmentalization
B
primary distribution
C
secondary distribution
D
classification
Question 15
Walters model on dividend policy assumes that.
A
the firm offers an increasing amount of dividend per share at a given level of price per share
B
the firm has a finite life
C
the cost of capital of the firm is variable
D
equal to current assets plus current liabilities including bank borrowings
Question 16
Which of the following captures screen images?
A
Key logger
B
Packet sniffer
C
Log analysis tools
D
Screen capture software
Question 17
Cash flow which is available for all investors of company is classified as
A
extrinsic stock
B
intrinsic stock
C
investing cash
D
free cash flow
Question 18
Type of relationship stating "how changes in cost driver drives cause changes in cost" will be termed as
A
marginal plausibility
B
economic plausibility
C
financial plausibility
D
market plausibility
Question 19
Non-banking financial companies, producer companies and LAB come under the category of For-Profit-MFIs. LAB means?
A
Loan Area Banks
B
Legal Area Banks
C
Local Axis Banks
D
Local Area Banks
Question 20
Deferred shares can be issued by.....
A
public company
B
private company
C
private company which is deemed to be a public
D
government company
There are 20 questions to complete.

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