# Commerce online quiz 49

By | August 21, 2018

## 10000 MCQ /questions on commerce questions answers

 Question 1
..... is the maximum possible alternative earning that might have been earned if the productive capacity is put to some alternative use.
 A Opportunity B incremental revenue C alternative revenue D none of these
 Question 2
Which accounting standard deals with Interim Financial Reporting?
 A AS-25 B AS-10 C AS-21 D AS-22
 Question 3
An office routine.....
 A is a system B is an operation C stands in between a system and an operation D stands in between a process and an operation
 Question 4
If budgeted indirect cost arte is $225 and budgeted cost allocation base is$750 per hour, then annual indirect cost (budgeted) would be
 A $168, 750 B$148, 570 C $186, 750 D$125, 680
 Question 5
Depreciation of plant and machinery is a part of.....
 Question 6
An amount invested is Rs 4000 and return is Rs 300 then rate of return will be
 A 4.30% B 3.70% C 7.50% D 0.08%
 Question 7
Which of the following ratios indicate the short-term liquidity of a business?
 A Inventory turnover ratio B Debt equity ratio C Acid test ratio D Proprietary ratio
 Question 8
Which bank(s) was / were awarded Nobel Prize for doing commendable work in the field of micro-finance?
 A World Bank B Gramin Bank of Bangladesh C State Bank of India D IMF
 Question 9
According to M. Kalecki, the true measure of the degree of monopoly power is the
 A Ratio between price and marginal cost B Extent of monopolistic profit enjoyed by the monopolist C Cross-elasticity of demand for the product of the monopolist D Price charged by the monopolist minus marginal cost of production
 Question 10
Material requisition is meant for.....
 A purchase of material B supply of material from stores C sale of material D storage of material
 Question 11
Refund application is to be filed before the expiry of..... from the relevant date.
 A Two years B One year C 180 days D 260 days
 Question 12
Which among these is not a restrictive trade practice?
 A Tie Up sales B Price Discrimination C Manipulation of Price D All are restrictive trade practices
 Question 13
In India, which Bank was the first to introduce Bonds with Floating Rates for retail investors?
 A Bank of Baroda B United Commercial Bank C Punjab National Bank D State Bank of India
 Question 14
In case supplier has deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit?
 A Yes, it will be automatically show in recipient monthly returns. B No, as one of the conditions of section 16(2) is not fulfilled. C Yes if the receiver can prove later that goods are received subsequently D None of the above
 Question 15
A company promotes a product by giving T shirts with logo of a sports event, without sponsoring that sports event officially. This is an example of.....
 A Attack Marketing B Ambush Marketing C Mega Marketing D Meta Marketing
 Question 16
Financial securities that can be converted into cash at closing to their book value price are classified as
 A inventories B short-term investments C cash equivalents D long-term investments
 Question 17
120: AS-6 deals with depreciation accounting and applies to all depreciable assets, except
 A Forests, plantations and similar regenerative natural resources B Wasting assets and expenditure on research and development C Goodwill and livestock D All of the above
 Question 18
Which of the following is NOT a feature of iso-product curve? Iso-product curves
 A Are downward sloping to the right B Show different input combination producing the same output C Intersect each other D Are convex to the origin
 Question 19
is the cost which involves payment to outsiders.
 A Out of pocket cost B Imputed cost C notional cost D none of these
 Question 20
A project, which may not add to the existing profits, should be financed by.....
 A debentures B preference share capital C equity capital D public deposits
There are 20 questions to complete.