Commerce MCQ Questions and Answers for Practice

Commerce Multiple Choice Questions (MCQs) are essential for students and exam aspirants to test their knowledge and understanding of key business concepts. Practice these MCQs to enhance your preparation and confidence.

About Commerce MCQ Questions

Commerce MCQs cover a wide range of topics including accounting, finance, economics, and business management. These questions are designed to test your understanding of fundamental concepts, practical applications, and current business practices. By practicing these MCQs, you can gain a deeper insight into the subject and improve your problem-solving skills.

Why Practice Commerce Objective Questions?

Practicing Commerce objective questions offers numerous benefits. It helps you prepare for school and college exams by reinforcing your knowledge and identifying areas that need improvement. For competitive exam aspirants, these MCQs are invaluable for enhancing your speed and accuracy. Additionally, candidates preparing for interviews can use these questions to brush up on their concepts and present themselves confidently.

Who Should Use These MCQs?

  • Students preparing for school or college exams
  • Competitive exam aspirants
  • Candidates preparing for interviews

Commerce MCQ Questions for Practice

1. After getting minimum subscription of shares, the company has to allot shares with in ..........days

2. All direct & indirect expenses related to business are charged

3. Both of the old companies will not exist in

4. Hitanshi Ltd.s purchase consideration is Rs.12,345 and Net Assets Rs.3,568, then...........

5. Holders of preference shares will have a right to vote if the dividend remains in arrears for a period not lessthan

6. If amalgamation is in the ..............., the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet.

7. If Company A purchases the majority shares of Company B, what combination would this be referred to?

8. If the intrinsic values of shares exchanged are not equal, the difference is paid in ...........

9. If the market price of the shares to be given for Purchase Consideration at the time of absorption, ............of the share is to be determined

10. If the minimum subscription is not received by the company, then the refund of application money should be made within ...........days

11. If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt.............. Accounting policies.

12. In amalgamation of two companies

13. In case of ..................one existing company takes over the business of another company and no new company is formed.

14. In case of public limited company, after getting the ..................the company can start the business

15. Maximum number of members in public limited company is

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