10000 MCQ /questions on commerce questions answers
A firm should shut down in the short run if it is not covering its
Explicit cost (money outlays)
Cost classification can be done in.....
Mumbai stock exchange was recognized on a permanent basis in.....
The law of consumer surplus is based on
Indifference curve analysis
Revealed preference theory
Law of substitution
The law of diminishing marginal utility
In Encyclopaedia Britianica, ..... acts as an index to macropaedia.
An amount invested is Rs 1500 and an amount received is Rs 2000 then return would be
Rs 3, 500.00
-Rs 3, 500.00
International Development Association established in
Standard of living of a country can be raised if it increases
Department which provides assisting services to internal departments is classified as
allocation base department
Which of the following appears in Cost Accounts and not in Profit and Loss Account?
Rent of house of the owner of business
Selling and distribution expenses
A purchase book is used to record all.....made by the business from its suppliers.
none of these
For contingency exposure of foreign exchange, the best derivative that can be used to hedge is
When the goods are returned to a supplier
A Debit note is sent to him
An Account sale is sent to him
A receipt is sent to him
Either 'b' or 'c'
On 29th August 2011, RBI revealed its draft guidlines for licencing of new banks in the private sector. It insisted that the new private banks need Rs......crores capital to initiate a bank.
Industrial Exit policy means?
Allow Indian companies to invest in foreign countries
Allowing business unit to close down
Allow foreign companies to withdraw their investment from Indian companies
None of these
An ability of an accounting system, to point out use of resources in every step of production process is called
lead manufacturing trails
Value of future dividends after horizon date is classified as
Both B and C
The balance of which of the following items may have credit balance too?
Inspections can be conducted at the business places of, .....
Transporter of goods
Owner or Operator of Godowns/Ware house
All of the above
If the goodwill raised at the time of retirement of a partner is to be written-off, then the capital accounts of the remaining partners are debited in-
New profit sharing ratio
Old profit sharing ratio
There are 20 questions to complete.