10000 MCQ /questions on commerce questions answers
In an activity based costing implementation, product's diverse demand is based on
all of above
If marginal opportunity cost is falling, the PPF would be
If sales returns are Rs. 25, 000, sales are Rs. 1, 25, 000, net purchases are Rs. 84, 000, and gross profit is Rs. 21, 000, then the cost of goods sold will be
Rs, 64, 000
Rs. 79, 000
Rs. 92, 000.
If any makes repeats the short payment of ta, x what will be the volume of penalty?
10% of the tax short paid
Highest of the above a) or b)
No Penalty at all
Direct material is a.....
semi variable cost
semi fixed cost
Capital gearing ratio is.....
Market test ratio
Long-term solvency ratio
In case of business carried on by minor or other incapacitated person through Guardian/ Agent who is liable to pay tax?
Job costing used in.....
Value of stock is Rs 1000 and current value of portfolio is Rs 1500 then obligation to cover call option will be
Rs 6, 667.00
Rs 2, 500.00
Rs 2, 000.00
If required rate of return is 12% and per unit cost of units purchased is $35, then relevant opportunity cost of capital will be
Standards set provide yardsticks against which.....are compared
None of these
Consider the following statements: The vouching of remuneration to directors involve the checking of
- special resolution.
- statement of accounts.
- approval note of the Central Government.
- Minutes Book. <
l and 2
2 and 3
l, 2 and 4
l, 3 and 4
"S produces and sells one product, P, for which the data are as follows: Selling price Rs 28 Variable cost Rs 16 Fixed cost Rs 4 The fixed costs are based on a budgeted production and sales level of 25, 000 units for the next period. Due to market changes
Formula such as net income available for common stockholders divided by total assets is used to calculate
return on total assets
return on total equity
return on debt
return on sales
Coupon rate of bond is also called
both a and c
Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the.....
number of products produced
number of workers
Number of hours
Which among the following statement is INCORRECT?
On a linear demand curve, all the five forms of elasticity can be depicted
If two demand curves are linear and intersecting each other, then, coefficient of elasticity would be same on different demand curves at the point of intersection.
If two demand curves are linear and parallel to each other, then, at a particular price, the coefficient of elasticity would be different on different demand curves.
The price elasticity of demand is expressed in terms of relaive not absolute changes in Price and Quantity demanded.
Capital gearing ratio indicates the relationship between
assets and capital
loans and capital
equity shareholders fund and long term borrowed funds
debentures and share capital
What does CCIE stand for?
Chief Controller of Imports and Exports.
Central Cottage Industries Exports.
Control on Cotton Imports and Exports.
Commissioner of Central Imports and Exports.
If security pays Rs 5, 000 in 20 years with 7% annual interest rate, PV of security by using formula is
Rs 1, 290.10
Rs 1, 292.10
Rs 1, 295.10
Rs 1, 297.10
There are 20 questions to complete.