Question # 1

Creates link between the manufacturer and consumer:

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Retailers

Wholesalers

Agents

Middlemen

The document issued by an authorized office after counting and checking the loaded goods on ship:

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Shipping order

Receipt of mate

Marine insurance

bill of lading

The directors are selected by:

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Shareholders

Promoters

Board of directors

All three can do

The time recording machine is used in:

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Industrial concerns

Colleges

Hospitals

All are correct

What is prepared by the exporter on the settlements of matters:

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Invoice

Consular invoice

Certificate of origin

All of these

Trade is an activity of buying ans selling of goods for money or other goods are called

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Trade

Home trade

Foreign trade

None of the above

A company established by the order of parliament of president is called:

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Government company

Chartered company

Statutory company

None of these

An extra message is added at the end of letter called:

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T.C

P.S

T.S

C.C

Typewriter was invented in

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1870

1873

1973

None of these

Industry is the component of:

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Commerce

Trade

Business

Government service

In a large business, a separate department is responsible for advertising the products. are called

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Purchase department

Sales department

Advertising department

Administrative department

How many function of warehouse

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9

10

11

12

Services of wholesaler many be classified in the following ______ groups

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Three

Four

Five

Six

The shares of co-operative society:

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Can be sold market

Cannot be solid in market

Can be used as security

All are correct

What is written first in an official letter

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Reference no.

Heading

Subject line

None of these

Two types of industry:

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

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

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