Question # 1

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called

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Close indent

Open indent

Both a and b

None of these

The minimum number of partners in a partnership are:

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Two

Four

Six

Ten

What is written first in an official letter:

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Reference no.

Heading

Subject line

None of these

The language of official letter is generally:

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Typical

Definite

Both

Courteous

How many step in procedure of export trade

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21

22

23

24

The performance of an office depends upon

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Principle

Workers

Office machines

Office management

The performance of an office depends upon:

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Principal

Workers

Office machines

Office management

How many qualities in a good filling system

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13

14

15

16

The number of parts in a business letter

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Seven

Five

Three

None of these

To increase business, small packets of goods are and distributed among the people at

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Less price

Free of cost

Original price

More profit

In Modaraba:

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Two persons invest money

Both persons invest money and labour

One person invests money and the other invests labour and expenses

All of the above

Name of kinds of filing:

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Central and horizonal filing

Central and departmental filing

Horizontal and vertical filing

Central and vertical filing

Advertisement develops in consumers:

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Temporary demand

Artificial demand

The demand of basic needs

No demand

How many sources of business finance

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2

3

4

5

A document having the detail of solid goods is:

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Invoice

Payment receipt

Debit note

Inquiry letter

The rate of interest in long tern finance to:

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Less

None

More

All the above

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

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