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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The receipt of public and bonded warehouses is used as:
Choose an answer
Security
Business
Liability
None of these
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Question # 2
Trade is the component of
Choose an answer
Commerce
Industry
Agriculture
None of these
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Question # 3
Methods of filing
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Horizontal and vertical
Arch and horizontal
Arch and vertical
None of these
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Question # 4
The members of chamber of commerce and industry can be:
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Local persons
Foreign persons
Both
None of these
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Question # 5
The reference number is written after writing the heading in the letter
Choose an answer
On left side
On right side
In the end
None of these
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Question # 6
Not included in office worker's personal qualities
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Hard working
Honest
Good personality
Courteous
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Question # 7
The departmental store are generally found:
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Outside the city
In important centers of the city
In center of the city
In all areas
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Question # 8
The real or actual proprietor or owner of goods is
Choose an answer
Agent
Principal
Both a and b
None of these
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Question # 9
A retailer sells goods to:
Choose an answer
Consumer
Wholesaler
Manufacturer
All the above
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Question # 10
The salutation and complimentary close are not used in
Choose an answer
Private letters
Reminder
Govt. memo
None of these
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Question # 11
Kinds of home trade
Choose an answer
Import & export trade
Wholesaling & import trade
Retail and wholesale trade
All of the above
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Question # 12
In a large business, a separate department is responsible for advertising the products. are called
Choose an answer
Purchase department
Sales department
Advertising department
Administrative department
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Question # 13
Due to export trade
Choose an answer
Increase in employment opportunities
Increase in foreign exchange
Relations with other countries establish
All of the above
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Question # 14
The sole tradership is a business organization:
Choose an answer
Modern times
Olden times
A combination of (a) and (b)
All the above
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Question # 15
The shareholders should be informed about the statutory meeting least:
Choose an answer
14 days before
21 days before
7 days before
None of these
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Question # 16
The following is used for posting through posting machine:
Choose an answer
Debit card
Credit card
Larger card
None of these
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