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Updated by 62144596 on Jun 04, 2014
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Top 142 Interview Questions For B Commerce

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Here are 142 Interview Questions in B Commerce, especially if you are a fresher. Make sure you prepare for these questions before going for your interview. Also, please do add your own questions below if you think we have missed out any in this list. We would be happy to receive your inputs!

1

Tell us in brief about a recent advancement in the field of commerce that interests you

Tell us in brief about a recent advancement in the field of commerce that interests you
2

Why you chose to study commerce?

Why you chose to study commerce?
3

Tell us in brief what do you understand by a mixed economy

Tell us in brief what do you understand by a mixed economy
4

Distinguish primary and secondary data

Distinguish primary and secondary data
5

Where would you use secondary data over primary data and why? Tell us in brief

Where would you use secondary data over primary data and why? Tell us in brief
6

Distinguish between direct and indirect taxes in brief

Distinguish between direct and indirect taxes in brief
7

What do you mean by double bin system?

What do you mean by double bin system?
8

What are the two most important demerits of LIFO system?

What are the two most important demerits of LIFO system?
9

What is sunk cost?

What is sunk cost?
10

What is notional cost?

What is notional cost?
11

What is meant by opportunity cost?

What is meant by opportunity cost?
12

How is depreciation treated in a balance sheet vis-à-vis P&L Statement?

How is depreciation treated in a balance sheet vis-à-vis P&L Statement?
13

What is an imperfect market? What are its advantages? Tell us in brief

What is an imperfect market? What are its advantages? Tell us in brief
14

What do you mean by overhead absorption rate?

What do you mean by overhead absorption rate?
15

What are the two key disadvantages of time rate system of wage payment?

What are the two key disadvantages of time rate system of wage payment?
16

What are the two key advantages of perpetual inventory system?

What are the two key advantages of perpetual inventory system?
17

What is marginal revenue?

What is marginal revenue?
18

What is point elasticity?

What is point elasticity?
19

What is meant by dumping? Explain in brief

What is meant by dumping? Explain in brief
20

Explain consumer’s surplus

Explain consumer’s surplus
21

Tell us about any two advantages of self-balancing ledger system in brief

Tell us about any two advantages of self-balancing ledger system in brief
22

How will you deal with non-recurring expenses while valuing closing stock on consignment?

How will you deal with non-recurring expenses while valuing closing stock on consignment?
23

Briefly explain the accounting convention that states the rule: “Anticipate no profit but provide for all possible lo...

Briefly explain the accounting convention that states the rule: “Anticipate no profit but provide for all possible lo...
24

How will you treat premium paid on the life insurance policy of a sole trader in the final accounts of the sole trader?

How will you treat premium paid on the life insurance policy of a sole trader in the final accounts of the sole trader?
25

Distinguish between self-balancing system and sectional balancing system in brief

Distinguish between self-balancing system and sectional balancing system in brief