Mumbai University IDOL M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 A tax is shifted ___________ to producers if the supply is inelastic relative to demand. A. backward B. steeper C. forward D. upward ANS: A 2 Price ceiling is a legal __________on the price at which a good can be sold. A. … Read more
M.Com Part 1 Strategic Management MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 The hierarchy of strategic intend includes ____________. A. Physical Resources B. Material C. Vision D. Inventory ANS: C 2 Strategy implementation requires ________ resources A. Physical Intangible B. Immaterial C. Inferior D. Quality ANS: A 3 __________ refers to putting the organization’s … Read more
Q.1.Obey certain ethical rules no matter what the results are A. Ethical relativism B. Ethical absolutism C. Deontological ethics D. Teleological ethic ANS: A Q.2.Equity shares can be bought back A. Out of profits only B. Out of proceeds of fresh issue only C. Out of capital profit only D. Its free reserves; … Read more
Cost Account M.Com Part ( I & II ) and T.Y.B.Com Very Importance MCQ Q.1 A functional classification of costs would classify “depreciation on office equipment” as a A. Product cost B. Administrative expense C. Selling expense D. Variable cost ANS: D Q.2. A particular cost is classified as being semi-variable. What is … Read more
1. ……….set of account books are maintained under Non – Integrated system. a. One b. Two c. Three d. Four ANS: B 2. Idle time variance is always ………. a. Favourable b. Controllable c. Profitable d. Unfavourable ANS: A 3. Wages control A/c is debited by………. a. Direct wages only b. Indirect … Read more