Commerce online quiz 298

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Under step method of re-apportionment of costs of service departments, the cost of last service department is apportioned only to the..
A
Production departments
B
service departments
C
both a & b
D
none of these
Question 2
For an E-commerce operator registration threshold limit is?
A
Rs.20 lacs
B
Rs.50 lacs
C
Rs.75 lacs
D
None of above
Question 3
Which of the following is true regarding the expected return of a portfolio?
A
It is a weighted average only for stock portfolios
B
It can only be positive
C
It can never be above the highest individual return
D
All of the above are true
Question 4
In case of a debt becoming bad, the amount should be credited to
A
Bad debt account
B
Sales account
C
debtors account
D
Provision for bad debt account.
Question 5
does not form part of production.
A
Abnormal waste
B
normal waste
C
both a & b
D
none of these
Question 6
When two portfolios have identical values and payoffs then it is classified as
A
binomial parity relationship
B
put parity relationship
C
put option parity relationship
D
put call parity relationship
Question 7
The basic aim of Lead Bank Scheme is that
A
big banks should try to open offices in each district
B
there should be stiff competition among the various nationalized banks
C
individual banks should adopt particular districts for intensive development
D
all the banks should make intensive efforts to mobilize deposits.
Question 8
If super profit is Rs. 4, 000 and normal rate of return is 8 per cent, the amount of goodwill will be-
A
Rs. 40, 000
B
Rs. 50, 000
C
Rs. 4, 00, 000
D
Rs. 5, 000
Question 9
The network for common data communication for banks and FIs launched by RBI
A
BANKNET
B
INFINET
C
SWIFT
D
INTERNET
Question 10
Fourth step in development of operating budget is to
A
choose alternatives
B
evaluate alternatives
C
efficiency improvements
D
predicted improvements
Question 11
In the e-commerce security environment, which of the following constitutes the inner-most layer?
A
people
B
data
C
technology solutions
D
organizational policies and procedures
Question 12
If PPP holds
A
The nominal exchange rate will not change.
B
The real exchange rate will not change.
C
Both real and nominal exchange rates will not change.
D
Both real and nominal exchange will move together
Question 13
Lottery payoffs and payment for rental apartments are examples of
A
lump sum amount
B
deferred annuity
C
annuity due
D
payment fixed series
Question 14
The difference between the outflow and inflow of foreign currency is known as
A
Foreign Exchange Reserves
B
Current Account Deficit
C
Fiscal Deficit
D
Balance of Payments
Question 15
Taylors differential piece rate system provides for higher rate to.workers.
A
Inefficient
B
efficient
C
both a & b
D
lazy
Question 16
Petty cash balance is
A
Liability
B
Income
C
Expense
D
Asset
Question 17
Overhead can be classified according to function-wise as.....
A
fixed o/h, variable o/h and semi-variable o/h
B
controllable o/h and uncontrollable o/h
C
manufacturing o/h, administration o/h and selling & distribution o/h
D
past cost and future cost
Question 18
Which account is the odd one out?
A
Office furniture and equipment
B
Freehold land and building
C
Stock of raw materials
D
Plant and machinery
Question 19
Cost accounting provides detailed information about of various products, processes, services and operations.
A
Costs
B
income
C
either a or b
D
none of these.
Question 20
.....is the smallest segment of activity or area or responsibility for which costs are accumulated.
A
Cost Object
B
Cost centre
C
cost driver
D
none of the above
There are 20 questions to complete.

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