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-8 section-3

Each section contains 100 MCQs on Miscellaneous in Commerce .

The most dominating cause of environmental pollution is

A) Industrialisation B) Increasing population C) Use of chemicals in agriculture D) Mining

Discuss

Answer & Solution

Answer: Option A

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

Accounting principles are generally based on:

A) Practicability B) Subjectivity C) Convenience in recording D) None of these

Discuss

Answer & Solution

Answer: Option A

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

User of financial statement is:

A) Management B) Creditors C) Bankers D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

Hardware of computer system means:

A) Experts who handle computers B) Equipment's and tools used C) data and information D) method and models

Discuss

Answer & Solution

Answer: Option B

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

Which of the following is time span into which the total life of a business is divided for the purpose of preparing financial statements?

A) Fiscal year B) Calendar year C) Accounting period D) Accrual period

Discuss

Answer & Solution

Answer: Option C

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

Which of the following statements is not correct?

A) The cost of capital is required rate of return to ascertain the value of the firm B) Different sources of funds have a specific cost of capital related to that source only C) Cost of capital does not comprise any risk premium D) Cost of capital is basic data for NPV technique

Discuss

Answer & Solution

Answer: Option C

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

In e-commerce, one of the key design elements of an effective website-community refers to

A) Its layout and design B) The way site enables user to user communication C) Site's ability to tailor itself to different users or to allow users to personalize the site D) Degree that the site is linked to the other sites

Discuss

Answer & Solution

Answer: Option B

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

Mutually exclusive projects can be more accurately ranked as per

A) Internal rate of return method B) Net Present Value Method C) Modified Internal Rate of Returns Method D) Accounting or Average Rate of Return Method

Discuss

Answer & Solution

Answer: Option B

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

Which expenses is a Capital Nature?

A) Depreciation B) Wages C) Salary D) Stationary

Discuss

Answer & Solution

Answer: Option A

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

Horizontal Combination' refers to combination of two or more business concerns:

A) Producing different but related goods B) Producing same or similar goods C) Engaged in activities complimentary to each other D) Engaged in activities or production of essentially different nature

Discuss

Answer & Solution

Answer: Option B

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