10000 MCQ /questions on commerce questions answers
Introduction of capital by owner of business is recorded on which side of a cash book?
Which of the following is correct
opening stock + Purchases + Closing stock = Cost of goods sold,
Cost of goods sold-closing stock-purchase = opening stock
Cost of goods sold + Closing stock-opening stock = purchase,
opening stock + cost of goods sold-purchase = closing stock.
What does FII stands for?
Foreign Institutional Investor
France Institutional Investor
Forestry Innovation Investment
Foreign Indirect Investment
Which one of the following is not a kind of statistical series?
'Sensitive sector' as defined by RBI includes(s)-
All of the above
Interest is paid because
Capital is scarce
Capital is productive
Capital is attractive
Capital is surplus
An interest rate which is used in calculation of cash flows of bonds is called
required rate of redemption
required rate of earning
required rate of return
Initiation of action under this section is by a Proper Officer not below the rank of..
Which of the following rates decided by the RBI is called ''Policy Rate''?
Cash Reserve Ratio
What harnesses far-flung computers together by way of the Internet or a virtual private network to share CPU power, databases, and database storage?
None of the above
Assertion (A). One cannot be sure about the quality of appraisal on the basis of length of service. Reason (R). lnitial appraisal and promotion appraisal are done separately and differently since the length of service is different.
(R) is correct but (A) is not correct.
(A) is correct but (R) is not correct.
(A) and (R) both are correct.
(A) and (R) both are not correct.
Re-ordering level =. X Maximum re-order period
Average re-order period
The necessary condition for equilibrium position of a firm is
The revenue recognition principle dictates that all types of incomes should be recorded or recognized when
Cash is received
At the end of accounting period
When they are earned
When interest is paid
GST compliance rating would be given to whom
Input Service Distributor
Supplier of Goods and/ or Services whose value of taxable turnover is greater than 20 lakhs
Composition Dealer & Person who is liable to deduct TDS/ collect TCS
All of the above
Material mix variance = standard cost of standard mix-.....
Actual cost of actual mix
Actual cost of standard mix
Standard cost of actual mix
Standard cost of budgeted mix
Documentary evidence, in a specific format used to record the details of a transaction is known as
In the debt equity ratio, equity refers to
Only preference capital
Only equity capital
Both preference and equity capitals plus all reserves
A market structure in which many firms sell products that are similar but not identical is known as
Which of the following is / are assumption behind the realized yield approach?
The yield earned by investors has been, on average, in conformity with their expectations
The dividends will continue growing at a constant rate forever
The market price will continue growing at a constant rate forever
Both a and b
There are 20 questions to complete.