10000 MCQ /questions on commerce questions answers
The fundamental accounting equation' Assets = Liabilities + Capital' is the formal expression of
Dual aspect concept
Going concern concept
Money measurement concept
Small scale firms are..... flexible in their functioning.
none of the above
Which is not a component of ERP?
Bolt on applications
Relevant incremental costs are added into relevant opportunity cost of capital to calculate
purchase order costs
relevant inventory carrying costs
irrelevant inventory carrying costs
relevant ordering costs
Labour turnover means:
Turnover generated by labour
Rate of change in composition of labour force during a specified period
Either of the above
Both of the above
Which of the following forms are used for registration?
Form GST REG-01
Form GST REG
Marketing segmentations division of market into separate homogeneous group of customer on the basis of
- Geographical variables
- Demographic factors
- Psychographic factors
- Behavioural basis
i, ii and iii
i, ii, and iv
ii, iii and iv
All of these
Economic Batch Quantity depends on.....and.....costs.
set-up costs, carrying
In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as
an allocation cost
In costing of project, wages paid to workers for unproductive work at time of material shortage is termed as
idle time wages
shortage time wages
The files required to maintain general ledger records include
Detail posting file
Charts of accounts file
None of these
An interest rate which is quoted by brokers, banks and other financial institutions is classified as
external rate of return
Who wrote Management & Moral?
Works contract is;
Supply of goods
Supply of services
Supply of both
Neither supply of goods nor supply of services
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.
Retained earning is only source of financing
Cost of capital does not remain constant
Return of investment function
All of the above.
A firm operating in India cannot hedge its foreign currency exposure through
None of the above.
In the process of controlling office management certain steps are normally taken. These include
- Analysing the actual performance.
- Finding out the reasons for discrepancies.
- Evaluating the performance.
4, 1, 2, 3
1, 4, 2, 3
1, 4, 3, 2
4, 1, 3, 2
Evaluation criteria of regression equation must be considered as
goodness of fit
significance of independent variable
all of above
Bonds issued by local and state governments with default risk are
A website offering content created by third party transparently to customers is an example of.....
There are 20 questions to complete.