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-9 section-2

Each section contains 100 MCQs on Miscellaneous in Commerce .

The world's first electronic stock market is:

A) KOSPI B) Nikkie C) NASDAQ D) Dow Jones

Discuss

Answer & Solution

Answer: Option C

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

Which among the following is closely associated with intellectual property rights?

A) GATS B) TRIMS C) TRIPS D) MFN

Discuss

Answer & Solution

Answer: Option C

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

Which items does not come under the balance sheet?

A) Sales B) Share capital C) Reserves and surplus D) Unsecured loan

Discuss

Answer & Solution

Answer: Option A

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

We do not consider for capital budgeting

A) Expenditure on long term assets by the new firm B) Replacement of degraded property C) Expenditure on inventory D) None of the above

Discuss

Answer & Solution

Answer: Option D

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

Which of the following statements is correct?

A) The oldest stock exchange of India is OTCEI B) Sensex is an index number of 30 shares C) In book-building process, the price of the security is announced by the company D) Futures and options in shares are traded at all stock exchange of India

Discuss

Answer & Solution

Answer: Option B

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

Creating provision against fluctuation in the price of investment is application of accounting concept:

A) Convention of conservatism B) Convention of full disclosure C) Convention of consistency D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Which one of the following is related to operating budgets?

A) Sales Budget B) Purchase Budget C) Production Budget D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

The convention of conservatism when applied to the balance sheet result in:

A) Understand the asset B) Understand the liabilities C) Overstatement of capital D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Mimeography is a:

A) method of photocopying B) method of stencil duplication C) process of blue printing D) process of electrical photography

Discuss

Answer & Solution

Answer: Option B

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

Proposed dividends' is shown in the Balance Sheet of a company under the head:

A) Provisions B) Reserves and Surplus C) Current Liabilities D) Other Liabilities

Discuss

Answer & Solution

Answer: Option A

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