Home > CompTIA Security+ Certification > 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. Who is called the Father of Economics?
2. Which of the following committees examined and suggested Financial sector reforms in India-“
3. Delegation of authority results in-“
4. Debtors turnover ratio is 4. What is the average collection period ?
5. Which of the following represents corporate sustainable reporting ?
6. What is cross rate ?
7. Say's law of market holds that-“
8. If the cost of goods sold is Rs. 1 - 20;000 and the rate of gross loss is Rs. ¼ of sales the amount of sales is-“
9. 'Open Market Operations' is a part of-“
10. Opening stock Rs. 15000 Purchases Rs. 40000 Cost of golds sold Rs. 52000 Sales Rs. 57000 What is the amount of gross profit or loss-“
11. What is outsourcing of production and concentrating on marketing operations in international business - known as ?
12. Which of the following is affected by treatment of an accrued item in accounting ?
13. When opening stock is Rs. 50 - 000 - closing stock Rs. 60 - 000 and cost of goods sold Rs. 2 - 20 - 000 - the stock turnover ratio is-“
14. Which of the following goods or services could not be provided by a pure free market economy-“
15. Table A of the companies Act can be adopted for-“
16. The crucial determinant of the size of the market is-“
17. If average cost is falling then-“
18. Following percentage in tea production is treated agricultural income.
19. Year ending on March 31st immediately prior to assessment year is called-“
20. What is the amount of gross profit or loss when-“ Cost of Goods sold = 7900 Sales = 11000 Purchases = 3000
21. When does a body corporate become capable forthwith of exercising all the functions of a company ?
22. Share of partner in the income of partnership firm shall be-“
23. Sometimes an auditor is called upon to review the operations of an enterprise for evaluating their cost-effectiveness. What is this kind of audit generally known as ?
24. The total sum of the goods and services produced within a country in a year minus depreciation is called the-“
25. An insurance claim of Rs. 300 was accepted in respect of stock (inventory) of Rs. 500 - which was destroyed by fire. Rs. 200 not covered by insurance should be debited to which one of the following ?

⚡ Recently practiced quizzes in this topic
Live quiz activity
CompTIA Security+ Certification Exam CompTIA Cybersecurity Analyst Plus CySA+ CS0-001 Questions CompTIA Security+ SY0-601 Certification Exam Terms To Know Hardening Pentest+ CySA+ (CS0-002) Review Questions Physical Security Cybersecurity Assessment Test Virtualization (And Security) Overview of Security
 
❤ 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.