Miscellaneous in Commerce MCQ Questions and Solutions with Explanations

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-6 section-4

Goods sold to a customer on 'Sales on Approval' basis is recorded as

A) Cash sales B) Credit sales C) Closing stock D) Debtor

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Answer & Solution

Answer: Option C

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With reference to Capital Assets Pricing Model, which of the following is correct?

A) It is one-factor model B) It is two-factors model C) It is multifactors model D) It does not follow a normal distribution

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Answer & Solution

Answer: Option A

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The purpose of financial accounts is reporting to:

A) Management only B) Government only C) Investor only D) All of these

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Answer & Solution

Answer: Option D

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Dummy workers are associated with:

A) Only skilled workers working in a factory B) Only unskilled workers working in a factory C) Both skilled and unskilled workers working in a factory D) inclusion of fictitious names not working in a factory E) Inclusion of skilled workers name against unskilled workers and unskilled workers name against the name of the skilled workers

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Answer & Solution

Answer: Option D

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Match List-I with List-II and select the correct answer using the option given below the lists-

List-I	List-II
a. Departmental undertaking	1. Bharat Heavy Electricals
b. Control Boards	2. Oil and Natural Gas Commission
c. Government Companies	3. Hirakund Control Board
d. Public Statutory Corporation	4. Diesel Locomotive Works

A) a-1, b-4, c-3, d-2 B) a-4, b-3, c-1, d-2 C) a-2, b-3, c-1, d-4 D) a-4, b-3, c-2, d-1

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Answer & Solution

Answer: Option B

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In which of the following Stock Exchanges the GDR's are listed?
(i) London Stock Exchange
(ii) New-York Stock Exchange
(iii) Luxembourg Stock Exchange
(iv) Bombay Stock Exchange
(v) Singapore Stock Exchange
(vi) Hong Kong Exchange
Identify the correct combination:

A) (i), (ii) and (iii) B) (i), (iv), (v) and (vi) C) (iii), (iv), (v) and (vi) D) (i), (iii), (v) and (vi)

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Answer & Solution

Answer: Option D

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Statement I: In India a "copyright" of an unpublished book can be registered under copyright Act of India.
Statement II: Once granted by the European Patent Office, the proprietor has a patent which is effective in all contracting states of the patent cooperation treaty and the agreement on the trade related aspects of IPR.

A) Statement (I) is correct and (II) is false B) Statement (II) is correct and (I) is false C) Statements (I) and (II) both are correct D) Statements (I) and (II) both are false

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Answer & Solution

Answer: Option C

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The first electronic computer was developed-

A) 1936 B) 1940 C) 1956 D) 1976

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Answer & Solution

Answer: Option B

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The reduction in the value of the fixed assets which can arise due to time factor is:

A) Discount B) Depreciation C) Reduction D) None of these

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Answer & Solution

Answer: Option B

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As per John F. Welsh, the CEO of General Electric Company, all except one are the part of success rules for office managers. Which of the following is the exception?

A) Face Reality as it is. Not as it would or as you wish it may be B) Be candid with everyone C) If you don't have a competitive advantage, don't compete D) Manage, don't lead E) Change before you have to

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Answer & Solution

Answer: Option E

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