10000 MCQ /questions on commerce questions answers
Payments for the books purchased can be made only after
Arrangement in the shelve
Bin Card is a?
Quantitative as well as value wise records of material received, issued and balance
Quantitative record of material received, issued and balance
Value wise records of material received, issued and balance
a record of labour attendance
If market interest rate fall below coupon rate then bond will be sold
below its par value
above its par value
equal to return rate
In cause and effect relationship between cost level and cost driver, inflationary price effects are removed by dividing cost through
cost driver index
In case no satisfactory explanation is furnished for the discrepancies within a period of thirty days of being informed by the proper officer or such further period as may be permitted proper officer may initiate appropriate action: (i) under Section 65
Only i & iii
Only ii & iv
Only ii, iii & iv
Any of the above
"Treating a revenue expenditure as a capital expenditure" is an example of
Error of principle
Error of omission
Error of commission
In line and staff organisation, the authority lies in
Both line and staff
None of the above
A liability which arises only on the happening of an uncertain event
Long term liability
One of the delivery channel for Micro Finance is SHG model. SHG means?
Soar Help Group
Sake Help Group
Self Hope Group
Self Help Group
Which one of the following is the most appropriate task of office management?
Creation of profit centre
Creation of control centre
Making office supplies available
Supervision of production Quality Control
Who among the following is the primary regulator of Banking business?
Reserve Bank of India
Is Input tax fully restricted in case of switch over from taxable to exempt supplies
Heavy amount spent for the advertisement of new company product is
Deferred Revenue expenditure
Either 'a' or 'c'
More MCQs on Foreign Exchange Management 1. For the purpose of translations, current rate refers to
The rate current at the time of transaction.
The rate prevailing on the date of the balance sheet.
The rate prevailing on the date of preparation of the balance sheet.
The spot rate
Which, among the following, are common misconceptions about cost of capital?
Depreciation-generated funds have no cost
Cost of capital is low if a project is heavily debt-financed
Cost of equity is equal to the dividend rate
All of the above
Stationary layout is suitable for manufacturing.....
Which of the following is not a condition for availing credit on goods in transit or incomplete services
Credit should be taken in 30 days from the appointed date
Credit should be in the nature of eligible duties and taxes
Duty or tax should have been paid before the appointed date
All of the above
A loan that is repaid on monthly, quarterly and annual basis in equal payments is classified as
If there are differences of opinion between 2 members of AAR, what will be the next option?
Refer the case to the AAAR
Decide based on the Majority by designating for the time being one more member to the AAR
Reject the Advance ruling Application
Any of the Above
Identify the item that is not taken into account in computing the current ratio.
There are 20 questions to complete.