Miscellaneous in Commerce MCQ Questions and Solutions with Explanations

Home

Competitive Exams MCQs

Aptitude English Verbal Reasoning Non Verbal Reasoning General Knowledge(GK) General Science(GS) Data Interpretation(DI) Banking Awareness Current Affairs

Computer Fundatmental MCQs

Computer Fundamentals Microsoft Word Microsoft Excel MS Power Point Tally Operating System Python AI(Artificial Intelligence)

Engineering Subjects MCQs

Computer Science Electronics & Communication Mechanical Engineering Civil Engineering Electrical Engineering

More Engineering MCQs

Chemical Engineering Automobile Engineering Biotechnology Mining Engineering Geological Engineering Metallurgical Engineering

Engineering Core

Engineering Mathematics Engineering Physics Engineering Chemistry

Computer Fundamentals MCQs

Computer Fundamentals Microsoft Word Microsoft Excel MS Power Point Tally Operating System Networking Database SQL MySQL

Programming MCQs

C Programming C++ Programming Java Python PHP JavaScript

Advanced Programming MCQs

Artificial Intelligence Machine Learning Data Science Cloud Computing Hadoop IoT

Graduation & PG

Commerce Management Law Agriculture Sociology Psychology Home Science Mass Communication Political Science Psychology

Resources

Current Affairs Interview Blog

Exam Categories

SSC Exams Railway Exams All Exams

SSC Exams

SSC CGL SSC CHSL SSC MTS SSC CPO SSC GD SSC JHT SSC Selection Post SSC Stenographer SSC JE

Railway Exams

RRB ALP RRB Technician RRB Section Controller RRB JE RRB Paramedical RRB Group D

Popular Exams

SSC CGL SSC CHSL SSC MTS RRB NTPC (Graduate) RRB Group D RRB ALP RRB Technician RRB Section Controller

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-4 section-2

Each section contains 100 MCQs on Miscellaneous in Commerce .

Financial statements are:

A) Estimates of facts B) Anticipated facts C) Recorded facts D) None of these

Discuss

Answer & Solution

Answer: Option C

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

A manufacturing process requires small amounts of glue. The glue used in the process is classified as:

A) A prime cost B) An indirect material C) A direct material D) Miscellaneous expense

Discuss

Answer & Solution

Answer: Option B

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

Which of the following is prominent international organization that promotes trade liberalization and brought major reduction in trade barriers?

A) NAFTA B) WTO C) European Union D) World Bank

Discuss

Answer & Solution

Answer: Option B

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

Accounting does not record non-financial transactions because of:

A) Accrual concept B) Cost concept C) Continuity concept D) Money measurement concept

Discuss

Answer & Solution

Answer: Option D

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

What does Accounting software do?

A) Recording the transactions B) Preparing Trial-Balance C) Preparing Balance-Sheet D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

Which of the following is correct in regards to hedging?

A) It minimizes the risk through option B) It minimizes the risk through future C) It minimizes the risk through option and future D) It is a short straddle type of strategy

Discuss

Answer & Solution

Answer: Option C

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

Debtors Rs. 40,000; B/R Rs. 20,000; Credit Sale Rs. 2,50,000; Sales Return Rs. 10,000; B/P Rs. 10,000.
The average collection period will be

A) 2 months B) 3 months C) 4 months D) 5 months

Discuss

Answer & Solution

Answer: Option B

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

Which of the following statements is false?

A) The opportunity cost of an input is considered in capital budgeting B) Capital budgeting decisions are reversible in nature C) Cash flows and accounting profits are different D) An expansion decision is a capital budgeting decision

Discuss

Answer & Solution

Answer: Option B

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

Which of the following is correct with regard to virtual office?

A) Less freedom and flexibility B) Not suitable for part-time or contract workers C) Lack of face-to-face communication D) Tedious working environment E) More time consuming as compared to traditional offices

Discuss

Answer & Solution

Answer: Option C

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

Which of the following is not an approach to the Capital Structure?

A) Gross Profit Approach B) Net Operating Income Approach C) Net Income Approach D) Modigliani and Miller Approach

Discuss

Answer & Solution

Answer: Option A

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

1 2 3 4 5 6 7 8 9 10

Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce