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Objective commerce for B.Ed MCQ Bed Commerce Online Free Practice Test of Commerce for BEd Exam 1. Giffin goods may be characterized as— (A) Inferior goods (B) To have positive demand curve (C) To have negative demand curve (D) A case when income effect is positive and very strong Ans. (A) 2. By which tax does the’ Government of India earn maximum revenue? (A) Income-tax (B) Custom duty (C) Property-tax (D) Excise duty Ans. (D) 3. The main objective of controlling is... Read Full Story

Free Online Commerce practice test 1. ln double entry system of Book- keeping transaction means- (A) Transfer of goods and ser— vices from one person to another (B) Transfer of goods and ser- vices within the firm (C) Producing and selling goods (D) None of the above Answer.A 2. Goods taken for personal use will be posted in the credit of» (A) Drawings Account (B) Sales Account (C) Purchases Account (D) Cash Account Answer.C More at http://test4in.com/practice-paper-objective-commerce-based... Read Full Story

Commerce Big Question bank for exams Commerce practice Question bank for exams Commerce Sample Question bank for exams 1. The assets which are purchased to improve profitability in the business not for the purpose of resale, are called? (A) Intangible assets (B) Current assets (C) Fixed assets (D) Wasting assets 2. As per the rule of Garner versus Murray, any loss that arises due to being insolvent of any partner should be divided among other partners in their? (A) Profit and loss sharing... Read Full Story

Preparing Commerce Optional For UPSC Prelims : Practice Solved paper upsc prelims commerce question papers Commerce Optional For UPSC Prelims :Check your preparation 1. Depreciation Accounting is a process of: (a) allocation of cost (b) valuation of assets (c) provision for replacement of assets (d) estimation of net profit Ans. (a) 2. Match List-I with List-II and select the correct answer using the codes given below the lists: List-I List-II A. Amortisation 1.Diminution of... Read Full Story

Preparing Commerce Optional For UPSC Prelims : Practice Solved paper upsc prelims commerce question papers Commerce Optional For UPSC Prelims :Check your preparation 1. Depreciation Accounting is a process of: (a) allocation of cost (b) valuation of assets (c) provision for replacement of assets (d) estimation of net profit Ans. (a) 2. Match List-I with List-II and select the correct answer using the codes given below the lists: List-I List-II A. Amortisation 1.Diminution of the life of the... Read Full Story

Preparing Commerce Optional For UPSC Prelims prepare for Commerce exams Sample paper Preparing Commerce Optional For UPSC Prelims Prepare for commerce Exams in India for Free 1. Consider the following documents: 1. Audit Notebook 2. Audit Programme 3. Audit Report 4. Audit Files The correct sequence in which an auditor prepares these documents is (a) 1, 2, 3, 4 (b) 2, 1, 3, 4 (c) 2, 1, 4, 3 (d) 1, 2, 4, 3 Ans. (c) 2. Which of the following pairs are correctly matched? 1... Read Full Story

Preparing Commerce Optional For UPSC Prelims prepare for Commerce exams Sample paper Preparing Commerce Optional For UPSC Prelims Prepare for commerce Exams in India for Free 1. Consider the following documents: 1. Audit Notebook 2. Audit Programme 3. Audit Report 4. Audit Files The correct sequence in which an auditor prepares these documents is (a) 1, 2, 3, 4 (b) 2, 1, 3, 4 (c) 2, 1, 4, 3 (d) 1, 2, 4, 3 Ans. (c) 2. Which of the following pairs are correctly matched? 1. Test check-Random... Read Full Story

Commerce Multiple Choice Questions Multiple Choice Questions for Business and Commerce Multiple choice questions: basic Commerce 1. Consider the following statements: 1. Operational loss is a source of funds 2. Decrease in working capital is a source of funds 3. Additions to fixed assets are an application of funds 4. Fresh introduction of capital is an application of funds Which of the above statements are applicable while preparing the funds flow statement? (a) 1 and 2 (b) 1 and 3 (c) 2 and... Read Full Story

Free online Commerce Resources Free online Commerce Study material Free online Commerce MCQ Tests 1. According to the concept of conservation, the stock in trade is valued at— (A) Cost price (B) Market price (C) Cost or market price which ever is higher (D) Cost or market price which ever is lower Ans. (D) 2. The concept of conservation will have the effect of— (A) Over statement of assets (B) Understatement of assets (C) Understatement of liabilities (D) Understatement of... Read Full Story

Free online Commerce Resources Free online Commerce Study material Free online Commerce MCQ Tests 1. According to the concept of conservation, the stock in trade is valued at— (A) Cost price (B) Market price (C) Cost or market price which ever is higher (D) Cost or market price which ever is lower Ans. (D) 2. The concept of conservation will have the effect of— (A) Over statement of assets (B) Understatement of assets (C) Understatement of liabilities (D) Understatement of provision for bad... Read Full Story