July 2021 – Mumbai University Idol

July 2021

COMMERCE, F.Y.B.COM, Question Bank

F.y.b.com commerce mcq pdf | Fybcom commerce mcq pdf with answers

Hello Friends…  Aaj ke article me aap logo co. F.Y.B.Com COMMERCE MCQ PDF  related MCQ provide karne Wala hu yeah MCQs kafi Jayda important hai F.Y.B.COM ke Student ke lie. Friends is article me 25 MCQ honge agar aapko aur bhi artical chahie ho is topic ke related to please comment Karke hame jarur batae Friends ye artical ke alava other subject Ke bhi article aapko mere website per mil jaenge jiska link me aapko niche de raha hu.     COMMERCE https://www.mumbaiuniversityidol.com/2021/04/commerce-fybcom-mcq-pdf-fybcom-sem-2.html   BUSINESS ECONOMIC https://www.mumbaiuniversityidol.com/2021/04/fybcom-mcq-for-business-economics.html   FOUNDATION COURSE 1) https://www.mumbaiuniversityidol.com/2021/05/foundation-course-mcq-questions-and.html 2) https://www.mumbaiuniversityidol.com/2021/05/fybcom-foundation-course-mcq-pdf.html   ENVIRONMENTAL STUDIES https://www.mumbaiuniversityidol.com/2021/04/fybcom-environmental-studies-mcq-pdf.html   MATHEMATICAL AND STATISTICAL TECHNIQUES https://www.mumbaiuniversityidol.com/2021/04/fybcom-mathematical-mcq-pdf.html     1. Business  is  а  ______асtivity а. Оrgаnized b. Рersоnnel с. Extrасtive d. Соmmerсe АNS:  А   2. ____funсtiоn  is  соnсerned  with  the  mаnаgement  оf  рeорle  in  the  оrgаnizаtiоn а. Рersоnnel b. Оrgаnized с. Рersоnnel d. Extrасtive АNS:  А   3. ____  industries  аre  соnсerned  with  extrасting  mаteriаls  оr  minerаls  frоm  nаturаl  resоurсes а. Оrgаnized b. Рersоnnel с. Extrасtive d. Соmmerсe АNS:  С     4. ______  is  соnсerned  with  the  exраnsiоn  оf  mаrkets а. Оrgаnized b. Рersоnnel с. Extrасtive d. Соmmerсe АNS:  D     5. ______  is  соnсerned  with  imроrting  оf  gооds  &  then  selling  the  sаme  in  аnоther  соuntry а. Entreроt b. Оrgаnized с. Рersоn d. Extrасtive АNS:  А   6. _____  is  nоt  а  gender  relаted  рrоblem  fасed  by  wоmen  entreрreneurs а. Wоmen b. Quаlities с. Entreрreneur d. рооr  quаlity  соntrоl АNS:  D     7. _____  is  nоt  аn  eсоnоmiс  fасtоrs а. рersоnаl  fасtоr b. Рrосess с. Quаlities d. Entreрreneur АNS:  А     8. ______  is  nоt  а  nоn  eсоnоmiс  fасtоr а. bаnk  сredit b. bаnk  debit с. аssets  debit d. liаbility АNS:  А   9. _____  is  nоt  а  feаture  оf  entreрreneur а. Disоrgаnised  аbilities b. рersоnаl  fасtоr с. Рrосess d. Entreрreneur АNS:  А     10. А  ____  is  саutiоus  in  his  аррrоасh  &  tries  tо  аvоid  mistаkes  &  surрrises а. рersоnаl  fасtоr b. Рrосess с. Quаlities d. Mаnаger АNS:  D     11. ______fills  the  knоwledge  gар а. Аdvertising b. Internаl с. Eсоnоmiс d. Miсrо АNS:  А     12. ______соnсeрt  оf  business  is  соnсerned  with  сustоmer  sаtisfасtiоn а. Eсоnоmiс b. Miсrо с. Mоdern d. Mасrо АNS:  С     13. ______  refers  tо  the  reduсtiоn  оf  Gоvernment  соntrоl  оver  business  seсtоr а. Liberаlizаtiоn b. Eсоnоmiс с. Miсrо d. Mоdern АNS:  А     14. Аnаlysis  оf  _____  envirоnment  indiсаtes  strengths  &  weаknesses  оf  the  оrgаnisаtiоn а. Internаl b. Lарtор с. SMS d. Emаil АNS:  А     15. _____  envirоnment  is  influenсed  by  eсоnоmiс  роliсies  оf  the  Gоvernment а. Аdvertising b. Internаl с. Соmmuniсаtiоn d. Eсоnоmiс АNS:  D     16. The  key  stength  оf  smаll  business  рersоn  is  nоt  ____ а. Рrосess b. Quаlities с. Entreрreneur d. Рessimism АNS:  D     17. The  key  strength  оf  ____  tyрe  оf  entreрreneur  is  Desire,  time  mаnаgement  &  саutiоn а. Рrосess b. Gооd  Interviewers с. Entreрreneur   d. Free  Time  Entreрreneur АNS:  D     18. _____  аre  individuаls  with  innоvаtiоn  sоlutiоn  tо  sосiety’s  mоst  рressing  sосiаl  рrоblem а. Sосiаl  Entreрreneur b. Рrосess с. Quаlities d. Entreрreneur АNS:  А     19. _____  is  nоt  а  соmрetenсies  оf  entreрreneur а. Reасtive b. Effeсt с. Рrоduсtiоn d. Sосiety АNS:  А     20. _____  is  nоt  а  tyрe  оf  Entreрreneurshiр  trаining  сenter а. SIM b. SDB с. MСV d. SBK АNS:  А     21. _______envirоnment  is  соnсerned  with  different  аsрeсts  оf  рорulаtiоn а. Demоgrарhiс b. Liberаlizаtiоn с. Eсоnоmiс d. Miсrо АNS:  А     22. ______аgreement  is  соnсerned  with  liberаlizаtiоn  оf  internаtiоnаl  investments а. TRIMS b. Liberаlizаtiоn с. Eсоnоmiс d. Miсrо АNS:  А     23. Сustоmers  fоrm  а  раrt  оf  ______envirоnment а. Trаde b. SААRС с. Miсrо d. Business АNS:  С     24. WTО  wаs  reрlасed  by  GАTT  in  the  yeаr  _____ а. 1999 b. 1955 с. 1996 d. 1956 АNS:  B     25. ____  is  а  trаding  blос  соnsisting  оf  Sоuth  Аsiаn  соuntries а. Trаde b. SААRС с. Miсrо d. Business АNS:  B F.y.b.com commerce mcq pdf Fybcom sem 2 commerce mcq pdf with answers F.y.b.com commerce sem 2 mcq Fyb.com mcq question pdf pune university B.com mcq question pdf mumbai university Fyb.com mcq question pdf pune university 2021 Fyb.com mcq question pdf pune university Commerce 1 f.y.b.com mcq with answers Fybcom sem 2 mcq pdf with answers Fyb.com mcq question pdf sem 2 Fybcom sem 2 mcq questions and answers F.y.b.com sem 2 commerce mcq pdf Commerce 1 f.y.b.com mcq pdf   One Best Website For MCQ Name And link Below Suraj Patel Education www.surajpateleducation.com   F.Y.B.Com All Subject MCQ PDF Only One Link https://www.surajpateleducation.com/2021/05/fy-all-subject-most-importance-mcq.html If You Need Most Importance MCQ PDF COMMERCE Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141      Telegram Group   Mumbai Univeersity :- https://t.me/mumbaiuniversityidol Suraj Patel Education :- https://t.me/surajpateleducation F.Y.J.C EXAM :- https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :- https://t.me/fyexam S.Y EXAM :- https://t.me/syexam T.Y EXAM :- https://t.me/tyexam M.Com Part 1 EXAM :- https://t.me/McomPart1Exam   M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam    YouTube Channel  https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw  

Company Law, Question Bank, S.Y.B.COM

Company Law MCQ PDF | Company Law Mumbai University IDOl MCQ

Mumbai University IDOl All Subject MCQ In One Link 👉Click Here👈 https://www.surajpateleducation.com/2021/05/sybcom-mcq-sybcom-all-subject-mcq.html   1. General meeting refers to _____________. A. Shareholders meetings . B. Directors meetings. C. Creditors meetings. D. Debenture holder meetings. ANS : A   2. The minutes of the share holder’s meeting are to be kept at the ……….office of the company and must be open to inspection. A. registered B. divisional C. head D. none ANS : A   3. The meeting other than statutory and the annual general meeting of the company is………… A. extra ordinary meeting B. special meeting C. board D. none of these ANS : A   4. The statutory meeting is required to be held by ………..companies A. private B. public C. both D. none ANS : B   5. ……….is the proper authority to call annual general meeting. A. promoters B. manager C. board of directors D. secretary ANS : C   6. Annual General Meetings should be held at A. Company B. Registered office C. Corporate office D. None of these ANS : B   7. Notice of statutory meeting should be given with a period not less than A. 21 clear days B. 14 clear days C. 7 clear days D. None of these ANS : A   8. Annual General Meetings should be held at A. Company B. Registered office C. Corporate office D. None of these ANS : C     9. A company not declare dividend at. A. Statutory meeting B. Annual general meeting C. Extra ordinary G.M D. None of the above ANS : A   10. ________ is the official recording of the proceedings of a meeting A. Quorum B. Minutes C. Both a) & b) D. None of the above ANS : B   11. Minutes should be recorded with in _________ days from the date of conclusion of every meeting 190. A. 10 B. 20 C. 30 D. 40 ANS : C     12. A voluntary winding up means winding up by. A. Members or Creditors. B. Members or Contributors. C. Contributories or Creditors. D. Share holders or Tribunal. ANS : A   13. In the event of Company being wound up the Tribunal shall prepare list of contributories into. A. List A. B. List B. C. List A and List B. D. List A or List B. ANS : C   14. As per Sec.488, Declaration of Solvency of company by the Directors in the case of voluntary winding up may be made within. A. 5 weeks of passing resolution. B. one month. C. 6 months. D. None of these. ANS : A   15. The object of winding up of a company by the Tribunal is. A. To facilitate the protection of its assets. B. To convert the company into private company if it is a public company. C. To convert the company into public company if it is a private company. D. To change the Memorandum and Articles. ANS : A   16. Dividend and interest are ____________. A. Synonymous terms. B. different from each other. C. debited to profit and loss account. D. divisible profits. ANS : C   17. Auditors act as agent of______________. A. Shareholders. B. directors. C. promoter. D. debenture holder. ANS : A   18. When can an application be made to Tribunal for constitution of a winding up committee to assist and monitor the progress of liquidation proceedings by the Company Liquidator in carrying out the function? A. Within two weeks from the date of passing of winding up order B. Within three weeks from the date of passing of winding up order C. Within four weeks from the date of passing of winding up order D. None of the above. ANS : B   19. When can a winding up order not be called a notice of discharge? A. when the business of the company is continued B. when the business of the company is closed since 2 years. C. On the discretion of the management D. till a provisional Liquidator is appointed ANS : A   20. Under what circumstances the meeting of the creditors may be dispensed by the NCLT? A. if 70% of the creditors in value agree and confirm to the scheme by way of affidavit B. if 80% of the creditors in value agree and confirm to the scheme by way of affidavit C. if 90% of the creditors in value agree and confirm to the scheme by way of affidavit D. None of the above ANS :C   21. Maximum period for which a person may be appointed or reappointed at a time as Managing director, Whole time director or Manager in a company shall be ________. A. 3 Years B. 5 Years C. 7 Years D. None of the Above ANS : B   22. Compensation payable u/s 202(1) of companies Act, 2013 to a managing director shall not be paid in which of the following situations? A. where the director resigns from his office as a result of the reconstruction of the company. B. where the director resigns from his office otherwise than on the reconstruction of the company. C. where the office of the director is vacated u/s 167(1). D. all of the above. ANS : D   23. Which of the following is correct in relation to sitting fees of directors as per Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014? A. The sitting fees for Independent Directors and Women Directors shall not be less than 1 Lac. B. The sitting fees for Independent Directors and Women Directors shall not be more than 1 Lac. C. The sitting fees for Independent Directors and Women Directors shall not be less than the sitting fee payable to other directors. D. The sitting fees for Independent Directors and Women Directors shall not be more than the sitting fee payable to other directors. ANS : C   24. Reappointment of Managing director, Whole time director or Manager shall not be made earlier than _________. A. 3 months before the expiry of his term B. 6 months before the

Exam Update News, Mumbai University

Mumbai University Help line Numbers

 University of Mumbai  Institute of Distance & Open Learning (IDOL)  Help Desk for Technical help for Online Examinations to be held from 6th July, 2021 and onwards. Only Students seeking technical help can call on the following helpdesk numbers from Monday to Saturday between 09:00 Hrs and 18:00 Hrs.  7796171746  8767755647  7796171762  7796171774  7796171768  7796171787  7796171790  7796171792  7796171770  7796171743  Deputy Registrar (PR) IDOL,  University of Mumbai     Credit by : Mumbai University  This Article Use For Education Purpose  (Mumbai university website link in below)   https://mu.ac.in/   Telegram Group     Mumbai Univeersity :- https://t.me/mumbaiuniversityidol Suraj Patel Education :- https://t.me/surajpateleducation F.Y.J.C EXAM :- https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :- https://t.me/fyexam S.Y EXAM :- https://t.me/syexam T.Y EXAM :- https://t.me/tyexam M.Com Part 1 EXAM :- https://t.me/McomPart1Exam   M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam    YouTube Channel  https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw

F.Y.B.COM, Financial Management, Question Bank

F.Y.B.COM ACCOUNTING AND FINANCIAL MANAGEMENT MCQ

    1. Usually, in a single entry system _____________. A. Only manual accounts are maintained B. Only cash and personal accounts are maintained C. Only real accounts are maintained D. Only nominal accounts are maintained ANS: B 2. Profit can be ascertained from the incomplete records under Single entry by using ____________. A. Only Statement of affairs method B. Only Conversion method C. Either Statement of affairs or conversion method D. Neither Statement of affairs nor conversion method ANS: C 3. If books are kept under single entry system, Credit sales are ascertained by preparing __________. A. Total Creditors A/c B. Credit sales A/c C. Trading A/c D. Total Debtos A/c ANS: D 4. If books are kept under single entry system, Credit purchases are ascertained by preparing __________. A. Total Creditors A/c B. Credit sales A/c C. Trading A/c D. Total Debtos A/c ANS: A 5. If books are kept under single entry system, opening stock is ascertained by preparing ___________. A. Opening stock A/c B. Stock register C. Memorandum Trading A/c D. Opening statement of Affairs ANS: C 6. Under stock and Debtors method, Branch stock account helps to ___________. A. Ascertain net profit / loss of the branch B. Ascertain cost of goods sent to the branch C. Ascertain closing stock at the branch D. Ascertain Gross profit/loss of the branch ANS: B 7. Branch Adjustment Account is opened __________. A. Under debtors method, when goods are sent by HO to branch at cost B. Under stock and debtors method, when goods are sent by HO to branch at cost C. Under debtors method, when goods are sent by HO to branch at invoice price D. Under stock and debtors method, when goods are sent by HO to branch at invoice price ANS: D 8. Branch Account under debtors system is a __________. A. Real A/c B. Nominal A/c C. Personal A/c D. Representative personal A/c ANS: B 9. When Branch ‘A’ sends goods to Branch ‘B’ in the books of Branch ‘A’ debit is given to A. Sales return A/c B. Branch B A/c C. Head office A/c D. Purchase return A/c ANS: C 10. The cash and credit sales of a branch are Rs.5,000 and Rs.10,000 respectively. The amount collected from debtors is Rs.10,000. Under Debtors system the amount credited to branch will be _____ A. Rs.20,000 B. Rs.15,000 C. Rs.25,000 D. Rs.10,000 ANS: B 11. Cash received from debtors needed for the construction of cash account can be ascertained from ___________. A. Total Creditors A/c B. Total Debtors A/c C. Analysis of cash book D. Balance sheet ANS: B 12. Closing balance of trade creditors can be ascertained from ___________. A. Total Creditors A/c B. Total Debtors A/c C. Bills Payable A/c D. Cash A/c ANS: A 13. An estimate of assets and liabilities as on a date is called __________. A. Balance sheet B. Statement of affairs C. Statement of Capital D. Trial Balance ANS: B 14. Bills Payable dishonoured are debited to ________ Account. A. Bills Receivables B. Bills Payable C. Sundry Debtors D. Sundry Creditors ANS: B 15. With the available information a trader need to convert the incomplete records into complete records, it is known as _________. A. Complete records method B. Statement of affairs method C. Conversion method D. Random method ANS: C 16. Goods are sent to the Branch at 20% margin on selling price. When Branch stocks disclose a surplus of Rs.2,000 the amount to be credited to Branch Adjustement A/c will be ________. A. Rs.2,000 B. Rs.333 C. Rs.1,600 D. Rs.400 ANS: D 17. In Branch Accounts, Depreciation on branch assets under debtors system is ___________. A. Not shown separately in branch A/c B. Shown in Branch A/c C. Not accounted D. Shown in the Profit & loss A/c of head office ANS: A 18. Stock reserve in relation to cloaing stock appears ___________. A. On the credit side of branch A/c B. On the debit side of branch A/c C. On the debit side of Profit & loss A/c D. On the credit side of profit & loss A/c ANS: B 19. Which of the following statement is True ? A. The income, expenses, assets and liabilities of an independent branch can be ascertained only by HO B. Purchase of fixed assets by branch on credit will be recorded in the branch A/c kept under the Debtor method C. Receipts from branch debtors are not recorded in the Branch account kept under the Debtor method. D. Under stock and debtors method, branch stock A/c is opened in order to ascertain net profit/loss of branch ANS: C 20. Which of the following statement is False A. Consignor is the owner of the consignment A/c B. Del-credere commission is allowed by consignor to protect himself for bad debt C. Proportionate consignor’s expenses is added up with consignment stock D. All proportioante consignee’s expenses will be added up for valuation of consignment stock ANS: D 21. If total stock is Rs.50,000; the value of policy is Rs.70,000 and the entire stock is lost, the claim will be for _________. A. Rs. 70,000 B. Rs. 35,714 C. Rs. 50,000 D. Rs. 60,000 ANS: C 22. The Balancing figure in Memorandum Trading A/c prepared by a trader who has lost goods in fire indicates ___________. A. Gross profit on stock lost B. Estimated closing stock as on date of fire C. Value of fire insurance policy D. Amount of claim to be made from Insurance company ANS: B 23. If there are any damaged or obsolete items in stock lost by fire, the Memorandum Trading A/c _____________. A. Should show only the normal items B. should have two amount columns on each side for Normal items and Abnormal items C. Should show only the abnormal items D. should have only one amount columns on either side for Normal items and Abnormal items ANS: B 24. If there are damaged or absolete items in stock lost by fire, the amount

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