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This online test contains MCQs about following topics:
Introduction, definition and evolution of Joint Stock company . Characteristics of J.S.C . Adavantages of J.S.C . Disadvantages of J.S.C . Comparison of differnet business organizations
ICOM Part 1 Commerce Ch. 5 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 5 "Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test
00:00
Question # 1
Which business organization requires legal permission for commencement
Question # 2
The word "Private" is not used by
Question # 3
The minimum under of persons in a listed public company
Question # 4
The minimum number of persons in a listed public company:
Question # 5
The persons who work for the formation of company are called
Question # 6
The audit of a public limited company is:
Question # 7
The owner of a company are
Question # 8
The persons who manage the affairs of company are called
Question # 9
Joint stock company is that business organizations which is:
Question # 10
The audit of a public limited company is
Question # 11
The persons who mange the affairs of company are called:
Question # 12
The maximum number of person in a public limited company:
Question # 13
The persons who work for the formation of company are called:
Question # 14
In Pakistan, Joint stock company is formed under:
Question # 15
The minimum number of persons in a multimembers private company:
11th Principles of Commerce Chapter 5 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 5 Joint Stock Company (I) Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 5 "Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test" MCQ`s Test
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ICom Part 1 Principle of Commerce (English Medium) Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | In Pakistan, Joint stock company is formed under |
A. The ordinance of 1978
B. The ordinance of 1982
C. The ordinance of 1984
D. The ordinance of 1990
|
| 2 | The persons who work for the formation of company are called |
A. The owners
B. The employees
C. Thew promoters
D. The directors
|
| 3 | Liability of shareholders in a joint stock company is: |
A. Limited
B. Unlimited
C. None
D. All are correct
|
| 4 | The maximum number of person in a public limited company: |
A. Thirty five
B. Fifty
C. Unlimited
D. Twenty
|
| 5 | Which organization can be listed at stock exchange: |
A. Partnership
B. Joint Sock Company
C. Sole proprietorship
D. All the above
|
| 6 | Which business organization can be dissolved through a legal procedure |
A. Sole tradership
B. Partnership
C. Joint stock company
D. None of these
|
| 7 | Maximum number of shareholders in a multi-members private company |
A. Ten
B. Fifty
C. No limited
D. Twenty
|
| 8 | Which business organization requires legal permission for commencement |
A. Sole tradership
B. Partnership
C. Joint stock company
D. None of these
|
| 9 | The minimum under of persons in a listed public company |
A. Seven
B. Eleven
C. Five
D. Two
|
| 10 | Liability of shareholders in a joint stock company is |
A. Limited
B. Unlimited
C. None
D. All are correct
|
Test Questions