10000 MCQ /questions on commerce questions answers
The status of the auditor in a company is that of~
an independent professional
all of these
Land, buildings, and factory fixed equipment are classified as
When standard output is 10 units per hour and actual output is 12 units per hour, the efficiency is.....
Decrease in current liabilities is?
Source of cash
Use of cash
None of (A) and (B)
Both of (A) and (B)
Which of the monetary policy tool(s) is /are NOT with government securities?
- Cash Reserve Ratio
- Repo Rate
- Statutory Liquidity Ratio
- Marginal Standing Facility
1 and 2 only
1 and 4 only
Forth step in process costing system is to
summarize total costs
compute cost for each equivalent unit
summarize flow of output
compute output in units
Which portal business model best describes Yahoo?
general purpose portal
affinity group based vertical market
focused content based vertical market
none of the above
Consider the following statements in respect of the ''Duty Free Import Authorization Scheme''.
- The scheme offers the facility to import the required inputs before exports.
- The scheme allows the transfer of scrip
Both 1 and 2
Neither1 nor 2
Objectives of training is
Favourable reaction to change
All of the above
Broadband is generally considered to be any communication technology allowing streaming audio and video at or above.....
Companies that help to set benchmarks are classified as
A factor of production, whose supply is fixed in the short tun, may get additional earnings. These earnings are generally referred to as
Super normal profits
Classification of cost is useful.....
to find gross profit
to find net profit
to identify costs
to identify efficiency
Registration of Articles of Association is optional in the case of:
private company limited by shares
company limited by guarantee
public company limited by shares
Who protects system from external threats?
If flexible budget amount is $27000 and flexible budget variance is $12000, then actual result amount would be
On the transition date which of the following credits are not available
Credit available in the return filed under the old law
Credit of goods in transit
Credit of incomplete services
Exempted goods in transit and taxable under the new GST law
..... is example of financial intermediaries.
All of the above
In case of monopoly
Marginal revenue curve always slopes upward
Total revenue curve always slopes upward
Marginal revenue is always equal to average revenue
Marginal revenue is always less than average revenue
A Trial Balance contains the balances of
Only Real A/c
Real A/c and Nominal A/c
Both 'b' and 'c'
There are 20 questions to complete.