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Miscellaneous in Commerce MCQs

Commerce Objective Questions

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456. The highest percentage of export from India went to which of the following regions in 2013-14?
A. OECD countries
B. USA
C. SAARC
D. Latin America
Discussion
457. The basic sequence in the accounting process can best be described as:
A. Transaction, journal entry, source document, ledger account, trial balance
B. Source document, transaction, ledger account, journal entry, trial balance
C. Transaction, source document, journal entry, trial balance, ledger account
D. Transaction, source document, journal entry, ledger account, trial balance
Discussion
458. Accounting principles are:
A. As definite as principles of physics and chemistry
B. Unlike principles of physical sciences
C. Verifiable through observations and records
D. Thoughts of accountant
Discussion
459. In reference to theories of entrepreneurship, which of the following is not correctly matched?
A. Schumpeter ⇔ Theory of Innovation
B. McClelland ⇔ Theory of High Achievement
C. Hagen ⇔ Theory of Social Change
D. Young ⇔ Theory of Religious Belief System
Discussion
460. Office Manager:
A. Is responsible for implementing the policies of top management
B. Provides clerical services
C. Serves as public relations manager
D. Does all these
Discussion
461. When a cement company, a steel company and a chemical company combine, it is a case of:
A. Horizontal combination
B. Vertical combination
C. Circular combination
D. None of the above
Discussion
462. ATM is related to:
A. trade marks
B. copyrights
C. postal services
D. banking services
Discussion

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