Home > ACCUPLACER > Quizzes > Commerce Questions for Competitive Exams
Commerce Questions for Competitive Exams
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 21% • Most missed: “A firm has a variable cost of Rs. 100 at 5 units of output. If fixed cost is Rs.…”
Commerce Questions for Competitive Exams
Time left 00:00
25 Questions

1. A valid definition of a business purpose is to-“
2. If government spending is increased by Rs. 700 and taxes are increased by Rs. 700 the equilibrium level of income will-“
3. The opportunity cost of holding money is determined by-“
4. If the cost of goods sold in Rs. 1 - 20 - 000 and the rate of gross is 1/4 on sales - the amount of sales is-“
5. Any balance in the share forfeiture account after all the forfeiture shares are re-issued should be-“
6. X Ltd. purchased land and building worth Rs. 28 - 80 - 000 and in lieu issued debentures of Rs. 100 each at a discount of 4%. What is the number of debentures issued-“
7. Which of the following is not a part of the usual contents of the current file and audit working papers ?
8. Debtors turnover ratio is 4. What is the average collection period ?
9. Which of the following is not a feature of bonds ?
10. The most important economic function of stock exchange is to-“
11. For how many years the books of accounts of a company have to be preserved in good order ?
12. A partner in a firm-“
13. What is the new ratio among X - Y and Z ?
14. What is Director Identification Number (DIN) ?
15. What does management audit imply ?
16. In case of inferior goods the income elasticity of demand is-“
17. The works manager gets commission of 10% on the profits after charging such commission. If the profit is Rs. 2200 what is the amount of commission-“
18. Which of the following is not included in infrastructure in India?
19. Under which one of the following is the term -˜Dominant Undertaking-™ defined ?
20. What is the method in which an amount equal to the amount written off as depreciation is invested in outside securities in order to facilitate replacement of an asset at the expiry of its life period - called ?
21. The function of staff in line the staff organization is-“
22. Classification of employees according to education and skill is called-“
23. If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes - then blue jeans and tennis shoes are-“
24. Asset cost Rs. 21 - 000 Scrap value Rs. 1 - 000 Depreciation rate 10% p. a. What is the amount of depreciation for the first year if straight line method is used ?
25. When net sales for the year are Rs. 2 - 50 - 000 and debtors Rs. 50 - 000 the average collection period is-“

⚡ Recently practiced quizzes in this topic
Live quiz activity
Accuplacer ESL Sentence Meaning Accuplacer Practice - Reading Comprehension Accuplacer Exam: Sentence Skills Useful Accuplacer Vocab Accuplacer Practice: Sentence Skills, Reading Comp., ESL Reading Skills Accuplacer Exam: Reading Comprehension Accuplacer Reading Section Accuplacer Exam: Reading Comprehension 2 Accuplacer 50 Questions Test Accuplacer Exam: Elementary Algebra
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.