Commerce online quiz 70

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which of the following are the owners of a company?
A
Proprietors
B
Partners
C
Managers
Question 2
Use of variables to signal whether strategies are effective or ineffective is classified as
A
evaluating strategy
B
performing strategy
C
warned strategy
D
weighted strategy
Question 3
Which one of the following is not a sources of conflict in project ranking in capital budgeting decision as per NPV and IRR.
A
Independent Investment project
B
No capital Budget constraints
C
No time disparity
D
None of the above.
Question 4
Gross profit is made when the sales proceeds exceed the.....
A
purchases
B
revenue
C
cost of goods sold
D
none of these
Question 5
"The real price of everything, what every thing really costs to the man who wants to require it, is the toil and trouble of acquiring it. Who made this statement?
A
Karl Marx
B
Adam Smith
C
David Ricardo
D
J.S.Mill
Question 6
Current price is Rs 40 and dividend paid is Rs 10 then dividend yield will be
A
Rs 25.00
B
25.00%
C
Rs 4.00
D
4.00%
Question 7
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 8
Who cannot be a complainant under the Consumer Protection Act 1986 in India?
A
Central/State Governments
B
Recognised Consumer Association
C
A retail dealer
D
One or more consumers where there are numerous consumers having the same interest
Question 9
A proforma invoice is sent by
A
Consignee to consignor
B
Consignee to debtors
C
Debtors to consignee
D
Consignor to consignee
Question 10
Bin card is a record of.only.
A
Cost
B
value
C
quantity
D
expense
Question 11
Complete price transparency in a perfect information marketplace is necessary for..... to take effect.
A
Bertrand's Law
B
the Law of Universal Prices
C
the Law of One Price
D
the Law of Perfect Commerce
Question 12
An inventory, which consists of partially worked goods or work in progress is called
A
direct materials inventory
B
work in process inventory
C
finished goods inventory
D
indirect material inventory
Question 13
..... means a place for purchasing and selling something.
A
Exchange
B
Stock
C
Stag
D
Bear
Question 14
Material usage variance = standard price(.)
A
Standard usage-actual usage
B
Standard unit price-actual unit price
C
Standard quantity
D
Actual quantity
Question 15
Which, if any, of the following types of ads are people most willing to tolerate?
A
pop-under ad
B
pop-up ad
C
banner ad
D
none of the above
Question 16
All of the following are objectives of private industrial networks except.....
A
developing efficient purchasing and selling business processes industry-wide
B
operating on a local scale
C
creating increased supply chain visibility
D
reducing industry risk
Question 17
Madhu purchased goods costing Rs. 20, 000 at 5% trade discount and 2% cash discount. Madhu will immediately pay for the goods
A
Rs. 18, 620
B
Rs. 18, 660,
C
18, 360
D
Rs. 18, 600.
Question 18
In the weekly efficient market, the stock price reflects.
A
the company's financial performance
B
the past price of the scrip
C
the demand for the scrip
D
the past price and traded volumes
Question 19
Which of the following is a not function of National Bank for Agriculture & Rural Development?
A
Co-ordinates the rural credit institutions
B
Acts a coordinator of commercial bank for commercial purpose
C
Acts as regulator for cooperative and RRBs
D
Provides assistance to eligible institutions of agriculture and rural development
Question 20
What is the time period to issue a Revision Order in a point not raised in any appeal will be:
A
Before the expiry of 2 Years from the date of the appellate order or before the expiry of 3 years from the date of adjudication whichever is later
B
Before the expiry of 1 Year from the date of the appellate order or before the expiry of 3 years from the date of adjudication whichever is later
C
Before the expiry of 3 Years from the date of the appellate order or before the expiry of 5 years from the date of adjudication whichever is later
D
No such Revision Power
There are 20 questions to complete.

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