Commerce online quiz 72

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
International investing is.....
A
is only practical for institutional investors
B
increases the overall risk of a stock portfolio
C
always leads to higher returns than a domestic portfolio
D
can reduce risk due to increased diversification
Question 2
Which method is legally accepted for redemption of preference shares?
A
Issue of equity shares
B
Issue of debentures
C
Sale of fixed assets of the company
D
Public deposits
Question 3
Which of the following is the criteria for approving an IDA credit?
A
Poverty test
B
Performance test
C
Project test
D
All of the above
Question 4
In case of opening Credit Balance, the word..... are written on the credit side.
A
By Balance b/d
B
To Balance b/d
C
By Balance c/d
D
To Balance c/d
Question 5
In which method of filing, papers and documents are placed in metal holders in chorological order?
A
Box file
B
Bound book
C
Metal holders
D
Pillar file
Question 6
Earnings that are not paid as dividends to stockholders and have cumulative amount are classified as
A
non-paid earnings
B
common earnings
C
retained earnings
D
preferred earnings
Question 7
In normal costing, manufacturing overhead allocated is also called
A
manufacturing overhead applied
B
labour overhead applied
C
cost overhead applied
D
budget overhead applied
Question 8
An information uses by investors for expecting future earnings is all recorded in
A
five years report
B
annual report
C
stock report
D
exchange report
Question 9
Maximum age for retirement for MD/CEO of all private banks is.....
A
70
B
65
C
60
D
68
Question 10
PIN means?
A
Personal Identification Number
B
Personal Identification Numeral
C
Professional Identification Number
D
Pure Identification Number
Question 11
In market analysis, market multiple is multiplied by firm earning before interest, taxes, depreciation and amortization to calculate
A
market total value
B
firm total value
C
industry value
D
taxes value
Question 12
The tax paying documents in section 16(2) is
A
Bill of entry, Invoice raised on RCM supplies, etc.
B
Acknowledged copy of tax paid to department
C
Supply invoice by the recipient
D
Any of the above
Question 13
A company can buy-back its own shares out of 1 Free reserves 2 Securities premium account
  • Proceeds of any shares Select the correct answer using the codes given below:
  • A
    1 and 2
    B
    1 and 3
    C
    2 and 3
    D
    1, 2 and 3
    Question 14
    Which of the following is not a reason why digital cash has turned out to be extremely difficult?
    A
    If your system crashes you lose your money
    B
    There is only one standard
    C
    Digital cash makes money laundering easy
    D
    Digital cash travels across the vast Internet and is susceptible to begin stolen
    Question 15
    The top U.S online video site is.....
    A
    MySpace
    B
    YouTube
    C
    AOL
    D
    Google Video
    Question 16
    Consider the following Statements I Scope of audit II Validity of appointment III Knowledge about business IV Instruction to client V. Division of work among audit clerks. The correct sequence of these elements for the commencement of a new audit will be
    A
    II, I, III, IV and V
    B
    I, II, III, IV and V
    C
    V, I IV, III and II
    D
    IV, I, III, II and V
    Question 17
    Product which requires low amount of resources, but incur high per unit cost is classified as
    A
    expected under cost
    B
    expected over cost
    C
    product under costing
    D
    product over costing
    Question 18
    Number of times a unit of money changes hands in the course of a year is called
    A
    Supply of money
    B
    Purchasing power of money
    C
    Velocity of money
    D
    Value of money
    Question 19
    Subset of primary market where firms go publicly by issuing stocks in financial markets is considered as
    A
    initial public offering market
    B
    stock market
    C
    issuance market
    D
    First stock market
    Question 20
    Required increasing in current assets and an increasing in current liabilities is subtracted to calculate
    A
    change in net working capital
    B
    change in current assets
    C
    change in current liabilities
    D
    change in depreciation
    There are 20 questions to complete.

    Leave a Reply

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