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Conversion cost is the sum of. Indirect wages and factory overhead. Direct material cost and indirect wages. Direct wages, direct expenses and factory overhead. Prime cost and selling & distribution overhead. View Answer. Normally Demand curve slopes. View Answer. 9 According to Kieth Devis, which one is not a barrier of communication ?


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General Knowledge Commerce Quiz Questions 1. Which of the following is the correct statement in the context of 'Accounting Period Concept'? (A) The life of the business is divided into appropriate time segment to find out the results of operations. (B) The business will be carried on for a long period of time.


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1. Which of the following is not a current liability? A. Bank Overdraft B. Bills Payable C. Outstanding Expenses D. Equity Share Capital 2. Contingent Liability is shown owing to the A. Convention of conservatism B. Convention of materiality C. Convention of full disclosure D. Dual aspect concept 3.


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Multiple Choice Question (MCQs) is a process that tests student's knowledge about comprehensive content and objectives and gives an insight into student ability.Our subject-matter specialists have composed these Commerce MCQ based on CBSE syllabus and current practices.


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1. Which of the following best describes the concept of industry in the world of commerce? It is a medium of exchange. It facilitates barter trade. It is an activity of an economic nature. It is.


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Sample Question. Converse is a popular American shoe company which is known worldwide for its apparels, sport shoes and brand wear. It is also considered to be one of the most popular American shoe companies. The company began its journey in 1908 as a rubber shoe company specializing rubber based shoes.


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1) Entertainment tax 2) Expenditure tax 3) Agricultural income tax 4) Land revenue View Answer Q. The Indian income tax is - 1) Direct and proportional 2) Indirect and proportional 3) Indirect and progressive 4) Direct and progressive View Answer Q. Which of the following taxes is not a source of revenue for the Union Government? 1) Income tax


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General Knowledge Commerce Questions ( Next GK Commerce Questions ) 1. In case of Board Meetings the Quorum must be present- (A) At the commencement of the meeting (B) At the termination of the meeting (C) Throughout the meeting (D) At the commencement and termination both See Answer: 2.


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Commerce Questions and Answers - Short GK Questions 1. Name the term which is concerned with the activities involved in the sale, transfer or exchange of goods and services: Answer: Commerce. 2. Which is the oldest form of business organization? Answer: Sole proprietorship. 3.


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Business Quiz for Students Begins: Questions In which city a National level business meet was organized by CPWD? With which of the following company Vistara inked a codeshare agreement? Which bank used the "Net Safe Credit Card"? Which of the companies has decided to change its health insurance policy so its LGBT employees can reap the benefits?


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1. Exam B 50 questions + 15 questions from Exam C (1-16, page 135) Questions: 65 | Attempts: 116 | Last updated: Mar 19, 2023. Sample Question. A 3-tier e-commerce web application is current deployed on-premises and will be migrated to AWS for greater scalability and elasticity.