10000 MCQ /questions on commerce questions answers
A particular firm provided the following data for a year:Current ratio 2.5: 1, Liquid ratio 1.5: 1 Net working capital Rs. 3, 00, 000 What are the current assets and current liabilities of this firm, respectively?
Rs. 3, 00, 000 and Rs. 1, 50, 000
Its. 5, 00, 000 and Rs. 2, 00, 000
Rs. 2, 00, 000 and Rs. 5, 00, 000
Rs. 3, 00, 000 and Rs. 1, 00, 000
If final order is not passed within six months, time period specified in 60(1) may, on sufficient cause being shown and for reasons to be recorded in writing, be extended:
by the Joint/Additional Commissioner for a further period of six months and by the Commissioner for such further period not exceeding four years.
by the Commissioner for a further period of six months.
by the Joint/Additional Commissioner for a further period of one year.
by the Joint/Additional Commissioner for a further period of one year and by the Commissioner for a further period of six months.
The limit for maximum number of members in a public company is restricted to.....
The total variable cost in total proportion to output.
does not increase
none of these.
The difference between the actual price and excess price of a share is called as.....
Exporters in India get insurance cover and risk cover form which of the following organizations?
Which of the following was the first commercial Web browser?
XYZ Ltd. incurs a net loss of Rs. 5, 000 during are accounting years. Depreciation for the relevant year amount to Rs. 1000, preliminary expenses written off during the accounting years is Rs. 3, 000 and a loss of Rs. 4, 000 is due to sale of plant and mach
Rs. 3, 000
Rs. 2, 000
Rs. 5, 000
Rs. 4, 000
An informal accounting statement that lists the ledger account balances at a point of time and compares the total of debit balances with the total of credit balances is known as
Arbitrage is the level processing technique introduced in.....
Net income approach
If actual result is $26000, flexible budget amount is $13000, then flexible budget amount will be
Most FDI and trade are made by:
China, Japan and the US.
The US, the EU, and Japan
.....deals with depreciation account.
A partner in a firm.....
cannot transfer his share to an outsider
can transfer his share to an outsider with the consent of majority partners
can transfer his share to an outsider without the consent of any other partners
can transfer his share to an outsider with the consent of all other partners
Charging output with overhead at reasonable rate is called.....
In expected rate of return for constant growth, an expected total rate of return must be
less than expected yield on dividend
greater than expected yield on dividend
equal to expected yield on dividend
equal to one
SBI's Archieve Center is located at
The profit of a company (whose capital is divided into 25, 000 shares of Rs. 10 each) for the last three years are: Rs. 50, 000; Rs. 60, 000 and Rs. 40, 000. The fair return on investment is taken at 10% p.a. The value of company's share will be-
The maximum permissible time period to condone the delay in filing of an appeal due to sufficient causes before the Tribunal will be:
- 1 Month
- 2 Months
- 3 Months
- No such time limit, if satisfied with
i & iv only
ii & iv only
The upper portion of the kinked demand curve is relatively
There are 20 questions to complete.