Commerce online quiz 78

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which transaction results in increase in assets and increase in liabilities
A
goodwill written off
B
issue of bonus shares in the ratio 2:1,
C
credit purchase of machine,
D
none of these.
Question 2
..... are the most important source of short term capital.
A
Commercial banks
B
Trade credit
C
Installment credit
D
Advances
Question 3
Specific donation received should be shown on
A
Income side of income and expenditure account
B
The liability side of balance sheet
C
The assets side of balance sheet
D
None of the above
Question 4
If a partner introduces additional capital over and above his normal share or gives loans to the firm he is entitled to get interest per annum at the rate of-
A
9%
B
6%
C
12%
D
Bank rate
Question 5
What is the due date for payment of TDS?
A
Last day of the month to which payment relates
B
Within 10 days of the subsequent month
C
Within 20 days of the subsequent month
D
Within 15 days of the subsequent month
Question 6
If an actual indirect cost incur is $35000 and indirect cost allocated is $43000, then under allocated indirect cost will be
A
$78, 000
B
($78, 000)
C
-$8000
D
$8, 000
Question 7
Feedback and counselling involves
A
the steps the employee can take for improvement
B
Provide support
C
Give critical and supporting feedback
D
All of the above
Question 8
Cash discount is allowed on..... repayment of debt
A
Lump sum
B
Prompt
C
Actual
D
None of them
Question 9
..... give a concise idea about the profitability and financial position of the business.
A
final accounts
B
balance sheet
C
trial balance
D
none of these
Question 10
In investment returns, a received amount is subtracted from an invested amount which is used to calculate
A
dollar received
B
dollar return
C
dollar invested
D
return percentage
Question 11
The verification of the export documents will be with real time linkages to:
A
IEC Code
B
CEGATE Portal [The Indian Customs and Central Excise Electronic Commerce/Electronic Data interchange (EC/EDI) Gateway]
C
GSTN
D
All of the above
Question 12
Economic Batch Quantity is an important point to be determined in industries where costing is employed.
A
Job
B
batch
C
operation
D
output
Question 13
Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay's Tableu Economique published?
A
1767
B
1764
C
1761
D
1758
Question 14
Investment professionals whose jobs may depend on their performance relative to the market are the.....
A
registered representatives
B
security analysts
C
investment bankers
D
portfolio managers
Question 15
Suppose, a GST of ' 3/-Lakhs is levied on an Unregistered Dealer through any enforcement action. What will be the mode of Tax remittance by such unregistered dealer?
A
Manual Challan Remittance
B
Direct Cash Remittance to the concerned Head of Account
C
E-Payment by logging in to the Temporary Registration No.
D
Any of the Above
Question 16
In a typical demand schedule, quantity demanded
A
Varies directly with price
B
Varies proportionately with price
C
Varies inversely with price
D
Is independent of price
Question 17
Which one of the following is not used to estimate cost of equity capital?
A
External yield criterion
B
Dividend plus growth rate
C
Equity capitalisation approach
D
Capital asset pricing model.
Question 18
Which segment do eBay, Amazon.com belong?
A
B2Bs
B
B2Cs
C
C2Bs
D
C2Cs
Question 19
The main advantage of functional organisation is
A
Specialisation
B
Simplicity
C
Expert advice
D
Experience
Question 20
In capital asset pricing model, an amount of risk that stock contributes to portfolio of market is classified as
A
stand-alone coefficient
B
relevant coefficient
C
alpha coefficient
D
beta coefficient
There are 20 questions to complete.

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