Principle of Commerce Icom Part 1 English Medium Online Test With Answers

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Principle of Commerce Icom Part 1 English Medium Online Test

Sr. # Questions Answers Choice
1 The management of multiple shops is controlled by: Central office Provincial office Regional office Any office
2 A retailer buys and sells goods in: Reasonable quantity Abundant quantity Less quantity All the above
3 A retailer sells goods to: Consumer Wholesaler Manufacturer All the above
4 The wholesaler gives order to manufacturer: In advance On spot According to need None of the above
5 The wholesaler creates a link between: Retailer and consumer Retailer and manufacturer Consumer and manufacturer All the above
6 The truck jobers has business of: Electronics of furniture Medicines Eatables Sports goods
7 A manufacturer wholesalers make their goods: Themselves From others Both (a) and (b) None of the above
8 The wholesaler informs the public about the products through: Letters Telephone Advertisement All the above
9 The quantity of goods in the godown of wholesaler is: Reasonable More Less None
10 The wholesaler makes it easy for: Retailer Manufacturers Retailer and manufacturer None of these
11 The collective profit of wholesaler is: Less More Reasonable None of the above
12 A wholesaler buys goods in: Reasonable quantity Abundant quantity Less quantity Does not buy or sell
13 A document having the detail of solid goods is: Invoice Payment receipt Debit note Inquiry letter
14 In home trade, the traders are related from: One city Two different cities of one country Two different provinces of one country All of the above
15 Not in home trade: Tax saving Foreign currency Stability in prices Decrease in expenditures
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