Commerce online quiz 251

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which of the following sources is not use for medium term financing?
A
Issue of equity shares
B
Issue of debentures
C
Term loans from banks
D
Sale of current asset
Question 2
Wages and other benefits, provided to assembly line workers and operators of machine are classified under
A
work in process costs
B
finished costs
C
direct manufacturing labour costs
D
indirect manufacturing labour costs
Question 3
Size of firm and market or book ratio are variables which are related to
A
premium returns
B
unquoted returns
C
quoted returns
D
stock returns
Question 4
Range, in which relationship exists between level of activity or total cost is called
A
functional range
B
relevant range
C
unit range
D
related range
Question 5
Free cash flow is Rs 17000 and net investment in operating capital is Rs 10000 then net operating profit after taxes would be
A
Rs 7, 000.00
B
Rs 27, 000.00
C
-Rs 27, 000.00
D
-Rs 7, 000.00
Question 6
Risk free rate is subtracted from expected market return is considered as
A
country risk
B
diversifiable risk
C
equity risk premium
D
market risk premium
Question 7
Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
A
Public
B
Relatives in the from of loans
C
Friends
D
All of the above
Question 8
The degree of monopoly power is measured in terms of difference between
A
Marginal cost and the price
B
Marginal cost and average revenue
C
Marginal cost and average cost
D
Marginal revenue and average cost
Question 9
Supply curve will shift when
A
Price falls
B
Price rises
C
Demand shots
D
Technology changes
Question 10
Cash account normally has
A
Debit balance or credit balance
B
Credit balance
C
Debit balance
D
None of these
Question 11
Which of the following approaches advocates that the costs of equity capital and debt capital remain unaltered when the degree of leverage varies?
A
Net Income Approach
B
Traditional Approach
C
Modigliani-Miller Approach
D
Net operating Income
Question 12
The accounting equation is based on
A
Dual aspect
B
Business entity
C
Going concern concept
D
All of the above
Question 13
The Court of Wards, Administrative General, etc., must be appointed by
A
Supreme Court
B
High Court
C
Any court
D
None of the above
Question 14
Study the following statements and mark your answer according to the answer code given below-
  1. Planning is the first function of management.
  2. Planning provides a basis for organisation.
  3. Planning does not
A
I and III are correct
B
I and I are correct
C
I and IV are correct
D
II and IV are correct
Question 15
Digital products are best suited for B2C e-commerce because they:
A
Are commodity like products
B
Can be mass-customized and personalized
C
Can be delivered at the time of purchase
D
All of the above
Question 16
When should a job-worker take registration?
A
Always
B
Only if his aggregate turnover exceeds the threshold limits specified under Section 22 of the Act.
C
Never
D
None of the above
Question 17
When does the liability to pay GST arise in case of supply of goods?
A
On raising of invoice
B
At the time of supply of goods
C
On receipt of payment
D
Earliest of a, b or c
Question 18
Absorption means.....
A
charging overheads to cost centres
B
charging of overheads to cost units
C
charging of overheads to cost centres or cost units
D
allotment of overheads to different departments
Question 19
Which Indian Bank has largest number of ATMs in India?
A
ICICI
B
Bank of Baroda
C
SBI
D
BOB
Question 20
Stock is
A
Included in the category of fixed assets
B
Part of current assets
C
Intangible
D
Tangible
There are 20 questions to complete.

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