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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-7 section-4

Each section contains 100 MCQs on Miscellaneous in Commerce .
61
ATM is related to:
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Answer & Solution
Answer: Option D
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62
Read the following statements and mark your answer:
I. Return on investment (R.O.I.) is calculated as part on final accounts preparation exercise
II. Inventory valuation is a must for ascertaining profit by preparation of Trading Account
III. Operational audit is a statutory requirement for a company auditor
IV. Garner Vs. Murray relates to settlement of accounts on insolvency of a partner of the firm
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Answer & Solution
Answer: Option B
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63
Match List-I with List-II and select the correct answer using the options given below the lists:
List-I List-II
a. Communication system 1. Multigraph
b. Filing system 2. E-mail
c. Duplicate copies 3. Franking Machine
d. Fixing stamp 4. Pigeon holes
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Answer & Solution
Answer: Option B
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64
The control center of computer system is:
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Answer & Solution
Answer: Option B
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65
XYZ Ltd. has provided the following information about its balance sheet:
Cash Rs. 100
Accounts Receivable Rs. 500
Stock holder equity Rs. 700
Accounts Payable Rs. 200
Bank Loan Rs. 1,000
Based on the information provided, how much are XYZ Ltd. total liabilities?
Discuss
Answer & Solution
Answer: Option B
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66
Which of the following is not a manufacturing industry?
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Answer & Solution
Answer: Option D
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67
Which of the following is not the function of a business office?
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Answer & Solution
Answer: Option D
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68
Which of the following is a liability?
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Answer & Solution
Answer: Option A
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69
Which of the following statements are false?
Indicate the correct answer.
(i) Grey market is a market for dealing in listed securities.
(ii) OTCEI is mainly intended for big investors.
(iii) Insider Trading is legally permitted in the capital market.
(iv) The device adopted to make profit out of the differences in prices of a security in two different markets is called 'arbitrage'.
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Answer & Solution
Answer: Option A
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70
Horizontal combination means:
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Answer & Solution
Answer: Option A
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