Commerce online quiz 52

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The term, impurest system's used in relation to?
A
Purchases Book
B
Sales Book
C
Cash Book
D
Petty Cash Book
Question 2
Out of pocket costs involve payment to
A
Outsiders
B
self
C
employees
D
none of the above
Question 3
The risk that arises due to change in the purchasing power is called?
A
Financial risk
B
Interest rate risk
C
Business risk
D
Inflation risk
Question 4
A model for optimizing the selection of securities is the..... model.
A
Miller-Orr
B
Black-Sholes
C
Markowitz
D
Gordon
Question 5
Except one of the following instruments others are issued at discount. Identify the exception.....?
A
A Certificate of Deposit (CD)
B
A Treasury Bill (T Bill)
C
A Commercial Paper (CP)
D
A Fixed Deposit (FD)
Question 6
Method, which allocates cost of support department to operating and support departments is known as
A
indirect method
B
direct method
C
step down method
D
reciprocal method
Question 7
Sunk costs are:
A
relevant for decision making
B
Not relevant for decision making
C
cost to be incurred in future
D
future costs
Question 8
In..... the workers are paid on the basis of hourly daily, weekly rate
A
time rate system
B
piece rate system
C
premium bonus system
D
emerson efficiency plan
Question 9
Fresh capital introduction will increase
A
Assets and Liabilities
B
Assets and Equity
C
Liabilities and equity and bank balance
D
Capital and Liabilities
Question 10
If the stock turnover ratio is 4 times and the collection period is 30 days the operating cycle would be
A
30 days
B
60 days
C
90 days
D
120 days
Question 11
Horizontal filing is also called as.....
A
box filing
B
flat filing
C
open filing
D
pillar filing
Question 12
If the premium is paid on the life policy of the proprietor of the business, it is
A
Treated as the drawings and is shown by way of deduction from the capital account
B
Taken to the Trading Account
C
Taken to the Profit and Loss Account
D
Taken to the Balance Sheet and is shown as an asset
Question 13
The sales income (Credit and Cash) of a business during a given period is called
A
Transactions
B
Sales Returns
C
Turnover
D
Purchase Returns
Question 14
Which shareholders are the real owners of the company?
A
Equity shareholders
B
Preference shareholders
C
Deferred shareholders
D
Convertible preference shareholders
Question 15
Maintenance charges are in the nature of.....expenses.
A
Fixed
B
Variable
C
semi-variable
D
none of these
Question 16
According to Black Scholes model, selling and buying of stock have
A
discount rate
B
transaction costs
C
no transaction costs
D
no discounts
Question 17
A fixed rate of..... is payable on debentures
A
dividend
B
Commission
C
Interest
D
Brokerage
Question 18
Who is called a Deemed Supplier of Services?
A
Job Worker
B
ISD
C
Agent
D
Sister Concern
Question 19
Which is the traditional method of Capital budgeting?
A
Accounting Method
B
Payout Method
C
Pay back Method
D
All of the above
Question 20
Total utility of a commodity is measured by which price of that commodity?
A
Value in use
B
Value in exchange
C
Both of above
D
None of above
There are 20 questions to complete.

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