10000 MCQ /questions on commerce questions answers
Environment degradation does not consist of
Land degradation and soil erosion
Problem of over grazing and ecological degradation
None of the above
Room/day is the cost unit used in
none of these
Creditors account is a
None of the above.
Which products are people most likely to be comfortable buying on the Internet?
All of the above
The Institute of Chartered Accountants of India was established in the year-
A document which consists information about labour time usage, for specific job in a specific department, is known as
selling time record
labour time record
buying time record
direct time record
Can a principal supply inputs and/or capital goods from the job-worker's premises?
Yes, only when the job-worker is registered
Yes, even if the job-worker is unregistered by declaring the job-worker's premises as his additional place of business
Yes, irrespective of whether the job-worker is registered or not, principal is engaged in the supply of goods which are notified by the Commissioner on this behalf
All of the above
LIC of India is an example of.....
department organization of the central government
If total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be
All labour is
Right held with corporations to call issued bonds for redemption is considered as
Credit risk to the bank is high from which of these card?
All of these
If Opening Stock-Rs.15, 000 Purchases-Rs.37, 500 Direct Expenses-Rs.1, 500 Closing Stock-Rs.7, 500 Operating Expenses-Rs.3, 000 Sales are Rs. 60, 000 during the year, what is the net profit?
Rs. 12, 000
Rs. 10, 500
Rs. 7, 500
Rs. 3, 000
.....budget is designed to remain unchanged irrespective of the volume of output or turnover attained.
all of these
Assertion (A). Industrialisation of an economy is considered synonymous with growth. Reason (R). The transfer of resources from agriculture to industry may be capital or labour or both.
Both (A) and (R) are true and (R) is the correct explanation of (A).
Both (A) and (R) are true but (R) is not the correct explanation of (A).
(A) is true but (R) is false.
(A) is false but (R) is true.
The physical distance covered by a vehicle is measured in terms of.....
running kilometers or miles
Provision is provided for doubtful debts is based on the principle of
The value of inventories or stock is figured out at the lower of cost and
Net realizable value
..... High Court in India on 2nd April 2014 restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a Non-Performing Asset (NPA)?
The fixed proportion of working capital should be generally financed from the..... capital sources.
There are 20 questions to complete.