Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce

A. Estimates of facts

B. Anticipated facts

C. Recorded facts

D. None of these

A. A prime cost

B. An indirect material

C. A direct material

D. Miscellaneous expense

A. NAFTA

B. WTO

C. European Union

D. World Bank

A. Accrual concept

B. Cost concept

C. Continuity concept

D. Money measurement concept

A. Recording the transactions

B. Preparing Trial-Balance

C. Preparing Balance-Sheet

D. All of the above

A. It minimizes the risk through option

B. It minimizes the risk through future

C. It minimizes the risk through option and future

D. It is a short straddle type of strategy

A. 2 months

B. 3 months

C. 4 months

D. 5 months

A. The opportunity cost of an input is considered in capital budgeting

B. Capital budgeting decisions are reversible in nature

C. Cash flows and accounting profits are different

D. An expansion decision is a capital budgeting decision

A. Less freedom and flexibility

B. Not suitable for part-time or contract workers

C. Lack of face-to-face communication

D. Tedious working environment

E. More time consuming as compared to traditional offices

A. Gross Profit Approach

B. Net Operating Income Approach

C. Net Income Approach

D. Modigliani and Miller Approach