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.....
A
factory overhead
B
selling overhead
C
distribution overhead
D
administration overhead
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.

Leave a Reply

Your email address will not be published.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