Commerce online quiz 41

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Work measurement method of cost estimation is also called
A
price engineering method
B
industrial engineering method
C
measuring engineering method
D
unit engineering method
Question 2
In the case of agricultural advances, banks shall not obtain collateral security for loans up to.....
A
Rs 25, 000
B
Rs 50, 000
C
Rs 100, 000
D
Rs 200, 000
Question 3
Managerial Planning is a-
A
Middle Level Function
B
Lower Level Function
C
Top Level Function
D
All Level Function
Question 4
Is there any time limit specified to furnish the return after serving of notice?
A
Yes, Return has to be filed by registered person who has failed to submit return under Section 39 or Section 45 within 15 days from service the notice.
B
Yes, Return has to be filed by registered person who has failed to submit return under Section 39 or Section 45 within 30 days from service the notice.
C
Yes, Return has to be filed by registered person who has failed to submit return under Section 39 or Section 45 within 45 days from service the notice.
D
No time limit has been specified.
Question 5
First step in process costing system is to
A
summarize flow of output
B
compute output in units
C
summarize total costs
D
compute cost for each equivalent unit
Question 6
What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left?
A
B2B marketplace
B
Intranet
C
Reverse auction
D
Internet
Question 7
Management audit is conducted by:
A
the statutory auditors
B
government auditors
C
cost auditors
D
none of the above
Question 8
A vertical supply curve parallel to the price axis implies that the elasticity of supply is
A
Zero
B
Infinity
C
Equal to one
D
Greater than zero but less than infinity
Question 9
What type of ad appears on top of a web page?
A
pop-under ad
B
pop-up ad
C
banner ad
D
discount ad
Question 10
What is the validity of the registration certificate issued to casual taxable person and non-resident taxable person?
A
90 days from the effective date of registration
B
Period specified in the application for registration
C
Earliest of (a) or (b) above
D
180 days from the effective date of registration.
Question 11
In the opening of Savings Account (few other accounts also) bank ask to write Nominee name. Who shall be nominee?
A
Any person
B
Known person only
C
Close blood relation only
D
Account holder in that bank only
Question 12
Coupon rate of convertible bond is
A
higher
B
lower
C
variable
D
stable
Question 13
The presence of fixed costs in the total cost structure of a firm results into
A
Financial Leverage
B
Operating Leverage
C
Super Leverage
D
None of the above.
Question 14
In capital budgeting, cost of capital is used as discount rate and is based on pre-determines
A
cost of inflation
B
cost of debt and equity
C
cost of opportunity
D
cost of transaction
Question 15
Which one is not a encryption technique?
A
RSA
B
DES
C
AES
D
NONE OF THE ABOVE
Question 16
..... is the process of deciding how to fill the company's most important executive positions.
A
Succession Planning
B
Organisational Restructuring
C
Self directed Teams
D
Corporate downsizing
Question 17
The prescribed time period to complete final assessment in the case of a provisional assessment?
A
Within 3 months from the date of the communication of the provisional order
B
Within 6 months from the date of the communication of the provisional order
C
Within 9 months from the date of the communication of the provisional order
D
Within 12 months from the date of the communication of the provisional order
Question 18
Labour which works as forklift truck, plant guards and rework labour is classified as
A
prime overhead
B
conversion overhead
C
factory overhead
D
manufacturing overhead
Question 19
Which of the following transactions will improve the current Ratio?
  1. Bills receivable Dishonoured
  2. Cash collected from customers
  3. Issue of new shares
  4. Payment of preliminary expenses by way of equity share
A
1, 2, and 3
B
only 4
C
only 3
D
2 and 4
Question 20
Products are made to prior to orders received based on estimated demand under a.....
A
supply-push model
B
demand-push model
C
supply-pull model
D
demand-pull model
There are 20 questions to complete.

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