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Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce

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-5 section-1

Each section contains 100 MCQs on Miscellaneous in Commerce .
41
Showing purchased office equipments in financial statements is the application of which accounting concept?
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Answer & Solution
Answer: Option B
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42
Which three of the following types of cyber attacks may occur in the process of mobile banking?
1. Backdoor attack
2. Front door attack
3. Denial of service attack
4. Direct access attack
Choose the correct option from those given below :
Discuss
Answer & Solution
Answer: Option D
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43
The institution set up for general supervision and control of capital market is:
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Answer & Solution
Answer: Option C
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44
If net profit margin is 10%, total assets turnover 2 times, and the total debts to total assets ratio 0.6 the return on equity will be:
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Answer & Solution
Answer: Option A
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45
Which of the following statements are true?
1. Pay-back period method considers all cash flows of a project
2. Pay-back period method concerns more with the recovery of cost than profitability
3. Net Present Value represents net addition to the wealth of shareholders
4. Accounting Rate of Return method incorporates risk as well as time value of money
Choose the correct option from those below:
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Answer & Solution
Answer: Option C
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46
All direct & indirect expenses related to business are charged:
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Answer & Solution
Answer: Option C
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47
Indexing is an important:
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Answer & Solution
Answer: Option C
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48
Financial account record only:
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Answer & Solution
Answer: Option A
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49
Custom and traditions which guide the accountant while preparing the accounting statements:
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Answer & Solution
Answer: Option C
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50
Which of the following is not a part of the basic function of Office Management?
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Answer & Solution
Answer: Option A
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