Explore topic-wise MCQs in Bachelor of Commerce (B Com).

This section includes 59 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.

51.

The overall net increase or decrease in working capital is found out by preparing

A. fund flow statement
B. cash flow statement
C. statement showing changes in working capital
D. none of these
Answer» D. none of these
52.

An increase in current asset accompanied by the increase in current liabilities of the same amount will

A. improve short term financial position
B. not improve short term financial position
C. improve long term financial position
D. none of these
Answer» C. improve long term financial position
53.

While preparing statement, both capital and revenue items are considered.

A. fund flow statement
B. income statement
C. both of these
D. none of these
Answer» B. income statement
54.

Increase in Accounts payable when compared to previous year results in .of working capital

A. increase
B. decrease
C. no change
D. none of these
Answer» C. no change
55.

..is a tool of management for financial analysis and helps in making decisions.

A. fund flow statement
B. balance sheet
C. income statement
D. none of these
Answer» B. balance sheet
56.

statement shows changes in financial position and hence dynamic in nature

A. fund flow statement
B. balance sheet
C. income statement
D. none of these
Answer» B. balance sheet
57.

If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is ..

A. 150000
B. 30000
C. 50000
D. none of these
Answer» C. 50000
58.

.is the dividend paid to the members of a company during a financial year before the finalization of annual accounts.

A. bonus
B. final dividend
C. interim dividend
D. none of these
Answer» D. none of these
59.

According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and ..activities

A. financing
B. routine
C. long term
D. none of these
Answer» B. routine