10000 MCQ /questions on commerce questions answers
. Accounting is not only a positive science but also a normative science because it includes techniques of budgetary control and standard costing.
both a & b
none of these
Probability distribution is classified as normal if expected return lies between
( + 1 and-1)
( + 2 and-2)
( + 3 and-3)
( + 4 and-4)
Net working capital refers to.
total assets minus fixed assets
current assets minus current liabilities
current assets minus inventories
As per the rule of Garner versus Murray, any loss that arises due to being insolvent of any partner should be divided among other partners in their?
Profit and loss sharing ratio
Average of both ratios
None of these
Who expressed the view that 'Economics should be neutral between ends'?
Section 142 will cover proceedings:
Relating to liability under GST
Relating to output duty liability under the earlier law
Relating to Cenvat credit or input tax credit under earlier law
All of the above
Dividend Policy must be
Flexible and Fixed both
All of the above
The appeal against the judgment of the Tribunal which relates to a matter where two or more states, or a state and centre have different opinions regarding its nature of sales or place of supply, who will be next competent authority to file next appeals?
Single Bench of the High Court situated in the native state of the Appellant
Division Bench of the High Court in the native state of the Appellant
Any of the Above
Greater value of option, larger span of time value is usually results in
shorter call option
longer call option
longer put option
shorter put option
In balance sheet, fixed assets are shown at
Written Down Value (WDV)
TI of a person is determined on the basis of his
residential status in India
citizenship in India
both of the above
The three column cash book represents
Nominal and personal accounts
Real, personal and nominal accounts
..... are the storage areas for the various types of documents kept in a library.
Stocks which has high book for market ratio are considered as
Cost which is changed in proportion to level total volume is
While calculating the weighted average cost of capital, market value weights are preferred because.....
Book value weights are historical in nature
This is in conformity with the definition of cost of capital as the investors minimum required rate of return
Book value weights fluctuate violently
Market value weights are fairly consistent over a period of time.
Loans by finance companies, banks and credit unions is classified as
consumer credit loans
Eurodollar market deposits
The standard of living of workers depends upon their
In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the right. Then
Price will fall
Price remains same
Price will rise
Office equipment's account is classified as
There are 20 questions to complete.