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This online test contains MCQs about following topics:
Introduction and definiation . Characteristics of sole tradership . Merits of sole tradership . Demerits of sole tradreship . Suggestions to promote sole tradership
ICOM Part 1 Commerce Ch. 3 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test"
Try The MCQ's Test For Chapter 3 "Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test
00:00
Question # 1
The decisions of sole trader ship depend on
Question # 2
Sole proprietorship is:
Question # 3
The expenses for the formation of sole tradership are:
Question # 4
Not important for sole proprietorship:
Question # 5
The life of sole tradership is
Question # 6
In sole tradership:
Question # 7
A sole proprietor forms his business after
Question # 8
In which form of business organization, the element of secrecy is maintained:
Question # 9
A sole proprietor forms his business after:
Question # 10
Transfer of sole proprietorship:
Question # 11
In sole tradership, the responsibility of loss is on:
Question # 12
Sole proprietor's is generally carried on:
Question # 13
A sole proprietor may expand his business by
Question # 14
Sole proprietor's is generally carried on
Question # 15
The sole tradership is a business organization of
11th Principles of Commerce Chapter 3 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 3 Sole Tradership Test. Click the button for 100% free full practice test.
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ICom Part 1 Principle of Commerce (English Medium) Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Relation of the owner/principal with the workers and consumers in sole proprietorship are: |
A. Not developed
B. Direct
C. Indirect
D. Not good (worst)
|
| 2 | Transfer of sole proprietorship: |
A. According to legal requirements
B. Not possible
C. Is done easily
D. all correct
|
| 3 | In which form of business organization, the element of secrecy is remained or maintained |
A. Partnership
B. Joint stock company
C. Sole tradership
D. None of the above
|
| 4 | Not important for sole proprietorship: |
A. Capital
B. Interest of owner
C. Audit
D. Workers
|
| 5 | The participants in sole tradership is/are: |
A. One
B. Two
C. Three
D. Five
|
| 6 | Sole proprietor's is generally carried on: |
A. Small scale
B. Medium scale
C. Large scale
D. All the above
|
| 7 | Who provides capital in sole proprietorship: |
A. Sole owner
B. Bank
C. Workers
D. Relatives
|
| 8 | In sole tradership |
A. The government provides finance
B. Only the trader provides finance
C. Many people collectively provide finance
D. The relatives provide finance
|
| 9 | Sole proprietor's is generally carried on |
A. Small scale
B. Medium scale
C. Large scale
D. All these are wrong
|
| 10 | A sole proprietor forms his business after |
A. The government's acceptance
B. Fulfilling the legal requirements
C. His own will
D. The permission of relatives
|
Test Questions
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