Commerce online quiz 60

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The time limit to submit a report of the audit u/s 66 is:
A
within the period of ninety days without any extension of time.
B
within the period of sixty days without any extension of time.
C
within the period of ninety days. The proper officer may, on an application made to him in this behalf or for any material and sufficient reason, extend the said period by another ninety days.
D
None of the above.
Question 2
Yield on Treasury bill with a maturity is classified as a risk free rate but must be equal to an
A
option closing price
B
option beginning price
C
option expiration
D
option model
Question 3
First industrial policy resolution was issued in
A
1947
B
1948
C
1951
D
1954
Question 4
Debenture is also named as
A
correctchoice Bond
B
Reserve
C
Equity
Question 5
Capital budgeting decisions are analyzed with help of weighted average and for this purpose
A
component cost is used
B
common stock value is used
C
cost of capital is used
D
asset valuation is used
Question 6
Which one of the following is correct.
  1. Liquidity ratios measure's long term solvency of a concern.
  2. Inventory is a part of liquidity assets.
  3. Rule of thumb for acid test ratio is 2: 1
  4. The amount of
A
(i), (ii) and (iv)
B
(ii), (iii) and (iv)
C
(i), (ii), (iii) and (iv)
D
None of the above
Question 7
If the demand for a commodity is inelastic, an increase in its pice will cause the total expenditure of the consumers of the commodity to
A
Remain the same
B
Increase
C
Decrease
D
Any of the above
Question 8
An uncovered cost at start of year is divided by full cash flow during recovery year then added in prior years to full recovery for calculating
A
original period
B
investment period
C
payback period
D
forecasted period
Question 9
..... Layout is based on the sequence of work.
A
Group
B
Process
C
Open
D
Closed
Question 10
SEBI is a.....
A
Constitutional body
B
Statutory body
C
Non statutory body
D
Advisory body
Question 11
This is a point at which the store keeper should initiate purchase requisition for fresh supply It is.....
A
maximum stock level
B
minimum stock level
C
reorder level
D
average stock level
Question 12
Standard costing is more widely applied in industries.
A
Process and engineering
B
jobbing industries
C
construction industry
D
all of these
Question 13
According to Black Scholes model, call option is well exercised on its
A
mid buying date
B
expiry date
C
buying date
D
mid selling date
Question 14
Off the Job Training Method consists
A
Role Playing Method
B
Case Study Method
C
Programmed Training
D
All of the above
Question 15
Assertion (A). In exitable the firm must go to the external sources for lower entry jobs. Reason (R). For positions where required qualification / experiences are not met.
A
Both (A) and (R) are correct.
B
(A) is true but (R) is false.
C
(R) is true, but (A) is false.
D
Both (A) and (R) are not correct.
Question 16
Where actual loss in a process is less than the anticipated loss, the difference between the two is considered to be..
A
Abnormal loss
B
normal loss
C
abnormal gain
D
normal gain
Question 17
Realized and required return for individual stocks are classified as function of fundamental
A
arbitrage factors
B
economic factors
C
portfolio factors
D
realized theory factors
Question 18
Material should be issued by the store keeper against.....
A
Material requisition
B
bill of materials
C
Both (A) and (B)
D
none of these
Question 19
Who is the custodian of monetary reserves in India?
A
SBI
B
SIDBI
C
NABARD
D
RBI
Question 20
..... highly flexible type of organization.
A
Sole Trading Concern
B
Partnership
C
State Enterprises
D
Joint Stock Companies
There are 20 questions to complete.

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