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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
To collective profit of wholesaler is
Choose an answer
Less
More
Reasonable
None of the above
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Question # 2
All the sections of a departmental store can be found in:
Choose an answer
Four buildings
Two buildings
One buildings
Many buildings
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Question # 3
The person who provide finance / capital to company are known as:
Choose an answer
Directors
Promoters
Shareholders
None of these
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Question # 4
Who does write the delivery order
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Exporter
Owner of goods at port
Importer's bank
Govt. agent
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Question # 5
What are the advantages of means of transportation ?
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Industrial development
Stability in prices
Expansion of market
All the above
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Question # 6
If the copy of letter is to be sent to another person then the written word is called:
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C.C
P.C
T.C
P.G
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Question # 7
Commerce and business
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The scope of business is wider than commerce
The scope of commerce is wider than business
Both have the same scope
Both have a wider scope than each other
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Question # 8
Due to advertisement
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Number of customer increases
Number of customer reduces
Number of customer remains the same
The old customers leave
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Question # 9
When did the partnership business come into being:
Choose an answer
1872
1880
1892
1902
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Question # 10
All the section of a departmental store can be found in
Choose an answer
Four buildings
Two buildings
One buildings
Many buildings
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Question # 11
In vertical filing, files are kept
Choose an answer
In alphabetical order
In standing or vertical position
In numerical order
None of these
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Question # 12
The producer puts the burden of advertisement expense on
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Himself
Consumers
Wholesaler and retailer
Both a and b
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Question # 13
The management committee of society is elected by
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Shareholders
Government
The will of one person
All are correct
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Question # 14
The advertisement
Choose an answer
Increases money
Saves money
Is wastage of money
Decreases money
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Question # 15
The maximum number of person in a public limited company:
Choose an answer
Thirty five
Fifty
Unlimited
Twenty
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Question # 16
This department is responsible for purchasing goods and other items are called
Choose an answer
Purchase department
Sales department
Advertising department
Correspondence department
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