Question # 1

Choose the characteristics of a good filling system

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Accessibility

Safety

Time saving

All of above

Through correspondence, business

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Expands

Contracts

Has negative effects

None of these

A person who deals in ready made items is

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Manufacturer

Worker

Trader

Distributor

The profit given to shareholder on their investment by a company is called:

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Debenture

Share

Dividend

Bonus

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

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Office

Office organizations

Workers

Customers

The principal of contribution is ot applicable in:

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Life insurance

Marineinsurance

Valued policy

Fireinsurance

In demi-official letter, an addressee is addressed by his:

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Post

Name

Surname

All are correct

The style of an official letter is

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Personal / private

Individual

Non-individual

All of these

Warehousing for government is the source of

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Income

Problem/tension

Debt

None of these

The chamber of commerce and industry is formed for

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Commerce

Trade

Industrial activities

All the above

A retailer sells goods to:

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Consumer

Wholesaler

Manufacturer

All the above

Trade means

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Wholesaling

Retailing

Import and export

All the three

The broker agent gets for his services:

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Commission

Profit

Surplus commission

Brokerage

The reference number is written after writing the heading in the letter:

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On left side

On right side

In the end

None of these

The source of importing goods:

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Wholesaler (trader)

Indent firm

Foreign purchase office

All of the above

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

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