10000 MCQ /questions on commerce questions answers
If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are
X draws a bill on Y. X endorsed the bill to Z. Who is the Payee
None of the above
An outstanding bonds are also classified as
If relevant opportunity cost of capital is $2950 and relevant carrying cost of inventory is $6700, then relevant incremental cost will be
In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be
This is the Government's strategy in respect of public expenditure and revenue which have a significant impact on business
Foreign exchange policy
Consider the following
- Pricing objective
- Pricing methods
- Pricing strategies
- Pricing decision
(i), (iii), (ii), (iv)
(i), (iv), (iii), (ii)
(ii), (i), (iv), (iii)
(iv), (ii), (iii), (i)
Input tax credit on capital goods and Inputs can be availed in
In thirty six installments
In twelve installments
In one installment
In six installments
The cost of one thing in terms of the alternative given up is called
Partnership may come into existence by-
The operation of law
An express agreement only
An express or implied agreement only
Inheritance of property
The power to issue order for arrest will be vested upon?
Commissioner of CGST/SGST
Joint Commissioner of CGST/SGST
Deputy Commissioner/Assistant Commissioner of CGST/SGST
Any of the Above
Non-economic activities aim at.....
When the Cross Price Elasticity of demand between two goods is zero then those goods are called?
If you need to transfer money to another person via the internet, which of the following methods could you use?
electronic bill presentment and payment
all of the above
The most popular type of media in terms of total hours of consumption per year is.....
Risk of doing business in particular country and arises from foreign investments is classified as
Which of the following errors are not disclosed by Trial Balance?
Errors of Principle
Errors of Omission
All the three
Number of units are 5000 and per unit price is $60, then flexible budget variable would be
$5, 000, 000
$3, 000, 000
$2, 000, 000
$1, 000, 000
Which of the following is the largest online travel service?
When output of earlier process is transferred at a profit to the subsequent process, it is.....
inter departmental profit
inter process profit
There are 20 questions to complete.