Commerce online quiz 314

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
"Calculate the most appropriate unit cost for a distribution division of a multinational company using the following information. Miles travelled 636, 500 Tonnes carried 2, 479 Number of drivers 20 Hours worked by drivers 35, 520 Tonnes miles carried 375, 20
A
Rs.88
B
Rs 1.50
C
Rs 15.84
D
Rs28, 140
Question 2
Gross profit is 25% on sales and cost of goods sold 75, 000. The amount of sales will be
A
150000
B
125000
C
80000
D
100000
Question 3
Business owned by a single person in unincorporated way is called
A
proprietorship
B
personal business
C
Private Corporation
D
personal ownership
Question 4
Stock selling price is Rs 45, an expected dividend is Rs 10 and an expected growth rate is 8% then cost of common stock would be
A
55.00%
B
35.00%
C
30.00%
D
30.22%
Question 5
A speculator who applies for new share is.....
A
a stag
B
middle man
C
jobber
D
lame duck
Question 6
A company secretary has to be-
A
Firm or body corporate
B
Registered with Securities and Exchange Board of India (SEBI)
C
Person with desired professional degree
D
Part of any Secretarial agency
Question 7
A bill of supply can be issued in case of inter-State and intra-State:
A
Exempted supplies;
B
Supplies by composition suppliers;
C
Supplies to unregistered persons;
D
None of the above.
Question 8
In journal, transactions are recorded on
A
Ascending order
B
Descending order
C
Order of preference
D
Chronological order
Question 9
If final sales are $50000 and separable costs are $35000, then net realizable value will be
A
$15, 000
B
$85, 000
C
$35, 000
D
$50, 000
Question 10
A currency swap is refer to.....
A
A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction.
B
A forward sale of currency combined with a forward repurchase of the same currency-as part of a single transaction.
C
A forward sale of currency combined with a forward repurchase of the same currency-in two different transactions
D
All of these
Question 11
Payment of rent expenses is recorded on which side of cash book?
A
Receipts
B
Payments
C
Income
D
Exnse
Question 12
FIMMDA stands for
A
Foreign investment Markets and Derivatives market Association
B
Fixed Income Money Markets and Derivatives Association
C
Fixed Income and Money Market Development Association
D
Floating Income and Money Markets Derivative Assets
Question 13
An attitude of investor towards dealing with risk determines the
A
rate of return
B
rate of exchange
C
rate of intrinsic stock
D
rate of extrinsic stock
Question 14
The Micro Finance Institutions (MFI) differ from one another in terms of
A
Product offering
B
Loan repayment Structure
C
Product offerings
D
All of these
Question 15
Third step in developing operating budget is
A
analysis of batches
B
analysis of batches
C
analysis of products
D
making predictions about future
Question 16
A specialised agency of the UNO can claim refund of tax paid on
A
Intra-State supply of goods and/or services
B
Inter-state supply of goods and/or services
C
Inward supply of goods and/or services
D
All of the above
Question 17
Which is not a function of ERP?
A
Warehousing
B
sales
C
scheduling
D
None of the above
Question 18
Current value of stock including in portfolio is subtracted from present value of portfolio to calculate
A
last month option price
B
last year option price
C
current option price
D
future option price
Question 19
Dividends are payable to the.....
A
Debenture holders
B
Registrar of the company
C
Board of directors
Question 20
Which of the following is NOT a cash inflow?
A
Sale of fixed asset
B
Issue of debentures
C
Cash from business operation
D
Purchase of fixed asset
There are 20 questions to complete.

Leave a Reply

Your email address will not be published. Required fields are marked *