Question # 1

How many sub-classification of proper wholesaler

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4

5

6

7

Sole proprietorship is:

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Non-flexible

Flexible

Durable

None of these

Due to office machines

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Saving of time and lobour

Convenience in work

Increase in efficiency

All of these

The person to whom the letter is written is:

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Addressee

Attention line

Truly

None of these

Why is public not include towards insurance in Pakistan?

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Due to ignorance

Due to poverty

Due to economics backwardness

All three

In sole tradership, the derisions are held

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Belatedly

Without any delay

After the meeting of administration

With the suggestions of relatives

To whom does the directors of a company submit the copy of profit and loss account:

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Company's registrar

Company's auditor

Company's creditor

None of these

A salesman remains successful in his perfession if he

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Has intension to earn profit

Has devotion of work

Does not have intension to earn profit

Tells lie more

The machine of opening letters in business centers is called

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Mail opener

Folding machine

Punching machine

All are correct

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

A retailer sells goods to:

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Consumer

Wholesaler

Manufacturer

All the above

Who does accept an indent

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Exporter

Importer

Government

None of these

For the sale of goods, a businessman depends upon

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The employees

The relatives

The demand of customers

None of these

Due to foreign trade, the less developed countries

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Becomes international slaves

Do not progress

Do not live along

None of these

How many function of warehouse

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9

10

11

12

The shares of a co-operative society can be transferred:

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At any time

After 6 months

After 1 year

All are wrong

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

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