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-1 section-2

Which among the following is NOT a correct statement?

A) Hedge funds are not mutual funds B) Hedge funds can be sold to public C) Investors in mutual funds must pay various fees and expenses D) Mutual funds provide economies of scale to investment decisions

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Answer & Solution

Answer: Option B

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All stakeholders evaluating performance of an employee is called . . . . . . . . degree appraisal.

A) 45 B) 90 C) 180 D) 360

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Answer & Solution

Answer: Option D

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In capital budgeting, the term capital rationing implies:

A) that no retained earnings are available B) that limited funds are available for investment C) that no external funds can be raised D) that not fresh investment is required in current year

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Answer & Solution

Answer: Option B

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Which of the following statements is not an objective of financial reporting?

A) Provide information that is useful in investment and credit decisions B) Provide information regarding policy of organisation C) Provide information that is useful in assessing cash flow prospective D) None of these

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Answer & Solution

Answer: Option B

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What is the most important economic function of inventory marketing

A) Protecting the interests of the investors B) Help in capital formation in the country C) Facility for loan D) Providing market for old securities

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Answer & Solution

Answer: Option D

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Computer application in inventory control is helpful in

A) present position of stock B) valuation of closing stock C) reduction in cost D) All of the above

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Answer & Solution

Answer: Option D

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The first electronic computer was developed in:

A) 1950 B) 1960 C) 1920 D) 1940

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Answer & Solution

Answer: Option D

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Cost of asset should always be equal to the cost of the liabilities. This concept is:

A) Double Entry Book-keeping B) Matching Concept C) Consistency D) Money Measurement Concept

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Answer & Solution

Answer: Option B

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The books to be compulsorily maintained by a company are:

A) Cash book and ledger B) Sales and purchase book C) Journal D) All of the above

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Answer & Solution

Answer: Option D

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Which method does not consider the time value of money?

A) Net Present Value B) Internal Rate of Return C) Average Rate of Return D) Profitability Index

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Answer & Solution

Answer: Option C

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