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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Musharika is based on Islamic
Choose an answer
Concept of interest
Concept of non-interest
Both included
None of both
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Question # 2
Human activities consist of following activities
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Un-commanded
Commanded
Commanded and un-commanded
None of the above
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Question # 3
The collective profit of wholesaler is:
Choose an answer
Less
More
Reasonable
None of the above
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Question # 4
How many step in procedure of export trade
Choose an answer
21
22
23
24
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Question # 5
A co-operative society is established by:
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Government institutions
Capitalists
Financially weak consumer
All the people
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Question # 6
The most important document of a company is:
Choose an answer
The memorandum
The articles
The prospectus
The accounts of company
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Question # 7
The price of the share of society is:
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Equal to the face price
Above the face price
Less than the face price
All the above
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Question # 8
The maximum number of partners in banking business are:
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Ten
Twenty
Thirty
Fifty
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Question # 9
The department is responsible for selling goods to the customers are called
Choose an answer
sales department
Purchase department
Administrative department
None of these
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Question # 10
How many functions of an office
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12
13
14
15
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Question # 11
According to work, the main types of machines
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Two
Three
Four
Five
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Question # 12
How many methods of filing
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2
3
4
5
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Question # 13
The wholesaler makes it easy for:
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Retailer
Manufacturers
Retailer and manufacturer
None of these
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Question # 14
In horizontal filing, files are kept
Choose an answer
In flat or horizontal position
In vertical position
Fixed with ribbon on cardboard
None of these
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Question # 15
What does a business organization mean:
Choose an answer
Sole tradeship
Partnership
Joint stock company
All the above
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Question # 16
If any business organization is considered as a body, then office is its:
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Capital
Heart
Brain
None of these
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