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-5 section-5

Each section contains 100 MCQs on Miscellaneous in Commerce .

Data processing results into generation of-

A) Wisdom B) Knowledge C) Information D) Intelligence

Discuss

Answer & Solution

Answer: Option C

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

The concept of separate entity is applicable to which of following types of businesses?

A) Sole proprietorship B) Corporation C) Partnership D) All of them

Discuss

Answer & Solution

Answer: Option D

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

A contract which extends to a series of transactions is called as:

A) Agency with estoppels B) Contract of indemnity C) Continuing guarantee D) Agency by implied agreement E) Contract by implied agreement

Discuss

Answer & Solution

Answer: Option C

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

Find the odd one out with regard to Essentials of a Contract as prescribed by the Indian Contract Act, 1872.

A) Offer and Acceptance B) Free Consent C) Competent Parties D) Objects is beyond lawful considerations E) Certainty and possibility of performance

Discuss

Answer & Solution

Answer: Option D

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

An open office has the advantage of

A) privacy B) economy C) avoidance of noise D) all the above

Discuss

Answer & Solution

Answer: Option D

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

Which one of the following is related to Capital budgeting?

A) Liquid Ratio B) Net Present Value method C) Break-even Point Analysis D) None of these

Discuss

Answer & Solution

Answer: Option B

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

The main constituent of capital market is

A) Quick term money market B) Stock market C) Bill market D) Bank credit market

Discuss

Answer & Solution

Answer: Option B

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

The pay-back period refers to:

A) The number of years a project takes to recover its investment (original) cost B) The number of instalment to make payment C) The time-lag between investment and commissioning of the project D) The time required to attain break-even point

Discuss

Answer & Solution

Answer: Option A

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

Which of the following statements are false?

A) All liability is a debt for your business B) Debtors are asset for business C) The accounting equation shows how much of your assets belong to the owner, and how much belong to people outside business D) None of the above

Discuss

Answer & Solution

Answer: Option D

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

The conflicts in project ranking in capital budgeting as per NPV and IRR may arise because of

A) Size disparity B) Time disparity C) Life disparity D) All the above

Discuss

Answer & Solution

Answer: Option D

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