Home / MCQ Bank / Commerce

Commerce Accounting Difficulty: Medium

A manager is paid 5% commission on the net profit after charging such commission. The gross profit of the firm is Rs. 40,000 and the selling expense is Rs. 29,500. His commission will be

Select the correct option to test your answer:

More Commerce Questions

Compulsory winding-up means winding-up by Match the items of List-II with the items of List-I and select the option of correct matching. List-I List-II a. Standard error of mean 1. Ha: > 100 b. Base of point estimate of the mean of the population 2. Values based on all the observations of the population c. Non-specific hypothesis 3. Mean of the sampling distribution of mean d. Parameter value of descriptive statistics 4. Standard deviation of the sampling distribution of mean Underwriting commission is due on which basis? Which of the following is not a part of India's Money Market? The expected value of a random variable is the: