Commerce online quiz 98

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Arrange the following concepts/acts in the order in which they came into force
  1. Competition Act.
  2. Foreign Exchange Management Act.
  3. Consumer Protection Act.
  4. Securities and Exchange Board of India Act.
A
(iii) (iv) (ii) (i)
B
(iv) (iii) (i) (ii)
C
(i) (ii) (iv) (iii)
D
(ii) (i) (iii) (iv)
Question 2
When.....is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.
A
A predetermined rate
B
actual rate method of absorption
C
Both (A) and (B)
D
none of these
Question 3
What is the name for direct computer-to-computer transfer of transaction information contained in standard business documents?
A
internet commerce
B
e-commerce
C
transaction information transfer
D
electronic data interchange
Question 4
External oral communication is passed on with the help of..... mechanical device.
A
Typewriter
B
Telephone
C
FAX
D
Internet
Question 5
The firm is said to be more geared, if equity capital is more than the debentures and.....
A
Preference share capital
B
Loan
C
Both (a) +(b)
D
Total assets
Question 6
In goods transport service the cost unit is.....
A
cost per ton
B
cost per hour
C
cost per ton kilo meters
D
cost per vehicle
Question 7
Which one is capital loss?
A
interest paid on debentures,
B
redemption of debentures at par,
C
underwriting commission
D
None of these
Question 8
As the value of x increases, if y also increases, then coefficient of correlation will be
A
Positive
B
Negative
C
Zero
D
None of these
Question 9
A concept used to define learning curve in broader application is called
A
discrete curve
B
fixed curve
C
mixed curve
D
experience curve
Question 10
..... is a process of entering in the ledger the information given in the journal
A
recording
B
journalizing
C
posting
D
balancing
Question 11
Capital gain expected by stockholders and dividends are included in
A
debt rate
B
investment return
C
interest rate
D
cost of equity
Question 12
Which of the following will happen when statutory liquidity ratio of banks is reduced by the central banks?
A
Government can borrow more funds from the banks than before
B
Government can sell more securities to the banks than before
C
Private sector will be able to get less credit from banks than before
D
Government will be able to sell less securities to banks than before
Question 13
How is profit prior to incorporation treated as?
A
Revenue reserve
B
Secret reserve
C
Capital reserve
D
General reserve
Question 14
One reason for the declining importance of pension funds is the.....
A
decrease in pension benefits for workers
B
downsizing of US companies
C
large number of conversions into self-directed plans
D
increasing number of federal regulations that restrict pension fund portfolios
Question 15
If income elasticity for a good is 2, then it is a
A
Necessity item
B
Inferior good
C
Luxury item
D
Comfortable item
Question 16
Situation in which two or more independent variables are highly correlated is known as
A
price linearity
B
cost linearity
C
division linearity
D
multi-collinearity
Question 17
In case of complete contract, the whole amount of profit is transferred to.....
A
contract a/c
B
work in progress a/c
C
profit and loss a/c
D
contractee a/c
Question 18
Relevant information about stock market price if it is given, then this price is called
A
market price
B
intrinsic price
C
extrinsic price
D
unstable price
Question 19
In multicollinearity, correlation coefficient between two independent variables must be greater than
A
0.7
B
0.6
C
0.5
D
0.4
Question 20
A..... describes the flow of information at your e-commerce site and the infrastructure that will be used in the system.
A
system design
B
logical design
C
tactical design
D
physical design
There are 20 questions to complete.

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