Question # 1

The word index is derived from which language

Choose an answer

Greek

Latin

French

Japnese

A business takes into account the following activities:

Choose an answer

Economic

Non-economic

Social

None of these

The small retailers sell their goods

Choose an answer

On credit

On cash

On cash to rich and no credit to poor

All of the above

In which form of business organization, the element of secrecy is remained or maintained

Choose an answer

Partnership

Joint stock company

Sole tradership

None of the above

Shares issued to promoter are called:

Choose an answer

Ordinary shares

Preference shares

Deferred shares

None of these

When did the partnership business come into being

Choose an answer

1872

1880

1892

1902

The objective of life insurance is to

Choose an answer

Make investment

Lessen the financial burden

Get security for loan

All the above

How many methods of selling goods in foreign countries

Choose an answer

5

7

8

9

Methods of filing:

Choose an answer

Horizonal and vertical

Arch and horizontal

Arch and vertical

None of these

The wholesaler makes it easy for:

Choose an answer

Retailer

Manufacturers

Retailer and manufacturer

None of these

For how much time the directors are selected in public ltd. company:

Choose an answer

2 years

3 years

7 years

10 years

Short term financing helps in meeting the:

Choose an answer

Seasonal requirements of business

Emergency expenses

Both (a) and (b)

None of these

In Modaraba the person who works is called:

Choose an answer

Worker

Principal

Rab-ul-Mal

Modarib

Attainment of common objectives under the guidance of the leader of organization is possible through

Choose an answer

Office

Office organization

Workers

Customers

The minimum number of partners in a partnership are:

Choose an answer

Two

Four

Six

Ten

The owners of a company are:

Choose an answer

The employees of company

The debentureholders

The shareholders

The creditors

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer