Home > Management 101 > Quizzes > Past Years Commerce Questions Set - 4
Past Years Commerce Questions Set - 4
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 75% • Most missed: “-˜Carrot and Stick-™ principle is given in Theory-””
Past Years Commerce Questions Set - 4
Time left 00:00
25 Questions

1. Which of the following statement is correct ?
2. Principle of -˜Unity of Command-™ means-”
3. Blue Chips Shares mean-”
4. The Section 80A of the Companies-™ Act is related with the redemption of-”
5. Motivation - Hygiene Theory was propounded by-”
6. Auditor shall be punished with imprisonment for a maximum period of -¦-¦-¦ under Section 539 for falsification in the books of accounts.
7. By whom from the following auditor can be reappointed ?
8. FEMA stands for-”
9. Which of the following have lien of Company Auditor ?
10. Internal check means-”
11. Current Ratio is 3-¢75 Acid Test Ratio is 1-¢25 Stock Rs. 375000 calculate working capital.
12. According to ownership Government Company means -¦-¦-¦ share.
13. Ploughing-back of profits means-”
14. To appoint new auditor in place of retiring auditor to adopt the procedure which section of Companies-™ Act 1956 is applicable ?
15. The following data are provided to you. Fixed cost - Rs. 20000; Selling price per unit - Rs. 25 Variable cost per unit - Rs. 20. Find out selling price per unit if B.E.P. is brought down to 2000 units.
16. Fire Insurance is based on the principle of-”
17. The number of subordinates a superior can effectively handle is called-”
18. For the purpose of preparation of fund flow statement fund means-”
19. -˜Carrot and Stick-™ principle is given in Theory-”
20. A meeting of the shareholders held only once during the life time of the company is known as-”
21. The Life Insurance in India was nationalised in the year-”
22. Final accounts prepared in narrative style are in-”
23. A company invited application for subscription of 5000 shares. The application were received for 6000 shares. The shares were allotted on pro-rata basis. If X has applied for 180 shares how many shares would be allotted to him ?
24. It is given that cost of stock is Rs. 100. However its market price is Rs. 98 (buying) and Rs. 140 (selling). If the market price is interpreted as the replacement cost then the stock should be valued at-”
25. The following information is obtained from the records of K Co. Ltd.-” Sales (100000 units) Rs. 100000 Variable cost Rs. 40000 Fixed cost Rs. 30000 Find out margin of safety.

⚡ Recently practiced quizzes in this topic
Live quiz activity
Logistics Management Practice Test E-Supply Chains and Logistics Practice Test Management Practice Test: Foundations of Decision Making Business Relationship Management (BRM) Practice Test Questions Digital Business Practice Test Questions Penn Foster BUS 101 Introduction to Business Core Finance Questions Entrepreneurship Development Practice Test Production and Operations Management Practice Test Questions Performance Management Practice Test Questions
 
❤ 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.