Miscellaneous in Commerce MCQ Questions and Solutions with Explanations

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Miscellaneous in Commerce MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Miscellaneous in Commerce MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-2 section-2

Each section contains 100 MCQs on Miscellaneous in Commerce .

Fixed assets and current assets are categorized as per concept of:

A) Separate entity B) Going concern C) Consistency D) Time period

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Which one of the following is not a Securities Rating Agency?

A) SEBI B) ICRA C) CRISIL D) None of these

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Which of the following is not exactly a form of business combination?

A) Holding Company B) Tariff Pool C) Partnership D) Amalgamation

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Making the provision for doubtful debts and discount on debtors in anticipation of actual bad debts and discount is an example for which concept?

A) Conservatism concept B) Continuity concept C) Realization concept D) All of these

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Which of the following is not a fixed asset?

A) Building B) Bank Balance C) Plant Patents D) Goodwill

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Which of the following is not a feature of OTCEI?

A) Quick transfer and disposal system B) Nationalised computerised networking C) Ringless trading system D) Fragmentation of regional stock exchanges

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Which of the following person is not a speculator of stock exchange?

A) Broker B) Bulls C) Bears D) Stem

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The responsibility to conduct census in India lies with

A) Ministry of Home affairs, Government of India B) Minister of Finance, Government of India C) Ministry of Labour and Employment Government of India D) Ministry of Youth Affairs and Sports Government of India

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Computer hardware refers to:

A) All the equipments required for proper functioning of a programme B) Punched cards, punched paper, tapes or magnetic tapes C) Data required for immediate working D) The end product or final information obtained from the computer

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

One of the characteristic features of Bailment is:

A) Bailment is concerned with immovable goods B) Bailment is concerned with intangible goods C) Bailment is concerned with movable goods D) Bailment is concerned with deposit of money with Bank E) Bailment is concerned with authorized and unauthorized goods

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

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Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce