Commerce online quiz 4

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The fundamental accounting equation' Assets = Liabilities + Capital' is the formal expression of
A
Dual aspect concept
B
Matching concept
C
Going concern concept
D
Money measurement concept
Question 2
Small scale firms are..... flexible in their functioning.
A
more
B
not
C
less
D
none of the above
Question 3
Which is not a component of ERP?
A
Legacy systems
B
Bolt on applications
C
Operational database
D
Cybersoft
Question 4
Relevant incremental costs are added into relevant opportunity cost of capital to calculate
A
purchase order costs
B
relevant inventory carrying costs
C
irrelevant inventory carrying costs
D
relevant ordering costs
Question 5
Labour turnover means:
A
Turnover generated by labour
B
Rate of change in composition of labour force during a specified period
C
Either of the above
D
Both of the above
Question 6
Which of the following forms are used for registration?
A
Form GSTR-1
B
Form GSTR-2
C
Form GST REG-01
D
Form GST REG
Question 7
Marketing segmentations division of market into separate homogeneous group of customer on the basis of
  1. Geographical variables
  2. Demographic factors
  3. Psychographic factors
  4. Behavioural basis
A
i, ii and iii
B
i, ii, and iv
C
ii, iii and iv
D
All of these
Question 8
Economic Batch Quantity depends on.....and.....costs.
A
Material, labour
B
set-up costs, carrying
C
transportation, carrying
D
warehousing, labour
Question 9
In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as
A
different task
B
purpose cost
C
an activity
D
an allocation cost
Question 10
In costing of project, wages paid to workers for unproductive work at time of material shortage is termed as
A
indirect wages
B
health wages
C
idle time wages
D
shortage time wages
Question 11
The files required to maintain general ledger records include
A
Inventory file
B
Detail posting file
C
Charts of accounts file
D
None of these
Question 12
An interest rate which is quoted by brokers, banks and other financial institutions is classified as
A
annuity rate
B
perpetuity rate
C
nominal rate
D
external rate of return
Question 13
Who wrote Management & Moral?
A
Taylor
B
Riggs
C
Dimock
D
Roethliberger
Question 14
Works contract is;
A
Supply of goods
B
Supply of services
C
Supply of both
D
Neither supply of goods nor supply of services
Question 15
A view that dividend policy of a firm has a bearing on share valuation advocated by James E. Walter is based on which one of the following assumptions.
A
Retained earning is only source of financing
B
Cost of capital does not remain constant
C
Return of investment function
D
All of the above.
Question 16
A firm operating in India cannot hedge its foreign currency exposure through
A
Forwards.
B
Futures.
C
Options.
D
None of the above.
Question 17
In the process of controlling office management certain steps are normally taken. These include
  1. Analysing the actual performance.
  2. Finding out the reasons for discrepancies.
  3. Evaluating the performance.
A
4, 1, 2, 3
B
1, 4, 2, 3
C
1, 4, 3, 2
D
4, 1, 3, 2
Question 18
Evaluation criteria of regression equation must be considered as
A
goodness of fit
B
economic plausibility
C
significance of independent variable
D
all of above
Question 19
Bonds issued by local and state governments with default risk are
A
municipal bonds
B
corporation bonds
C
default bonds
D
zero bonds
Question 20
A website offering content created by third party transparently to customers is an example of.....
A
Reintermediation
B
Syndication
C
Virtual Manufacturing
D
Build-to-order
There are 20 questions to complete.

Leave a Reply

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