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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The owners of a company are:
Choose an answer
The employees of company
The debentureholders
The shareholders
The creditors
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Question # 2
Group insurance is popular among:
Choose an answer
Unemployed people
Employees of business organizations
House wives
All the above
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Question # 3
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 # 4
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
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Question # 5
How many sources of business finance
Choose an answer
2
3
4
5
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Question # 6
The bill of trading reveals the:
Choose an answer
Legal ownership of goods
Price of goods
Government ownership of goods
None of the above
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Question # 7
In order to wind up the sole tradership:
Choose an answer
The acceptance of the government is sought
No legal process is required
The meeting of administration is required
The will of the friends is required
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Question # 8
The success of tradership is dependent to
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The administration
The capability of the manger
The capability of sole trader
The cooperation of friends
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Question # 9
How many types of Modaraba
Choose an answer
2
3
4
5
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Question # 10
Choose the characteristics of a good filling system
Choose an answer
Accessibility
Safety
Time saving
All of above
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Question # 11
The membership of chamber is given to
Choose an answer
Large industrial and commercial associations
Medium industrial and commercial associations
Small industrial and commercial associations
All the above
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Question # 12
Due to advertisement, quality products are avail able at
Choose an answer
Reasonable price
Low price
High price
None of the above
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Question # 13
An agent who cannot get the possession of goods from principal is:
Choose an answer
Factor
Commission agent
Broker
None of these
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Question # 14
Another name for quotation letter:
Choose an answer
Catalogue
Order
None of these
None of these
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Question # 15
How many kinds of official letter
Choose an answer
10
11
12
13
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Question # 16
In vertical fling, files are kept:
Choose an answer
None of these
In alphabetical order
In standing or vertical position
In numerical order
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