Question # 1

Circular letter is a kind of:

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Official letter

Business letter

Both letters

None of these

An official letter should be:

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Concise

Suitable

Long

None of these

The capital needed for a departmental store is

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Less

More

Mechanical

None of the above

Through correspondence, business

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Expands

Contracts

Has negative effects

None of these

A retailer buys and sells goods in:

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Reasonable quantity

Abundant quantity

Less quantity

All the above

The departmental store are generally found:

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Outside the city

In important centers of the city

In center of the city

In all areas

Who cannot be a member of co-operative socity:

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Govt. Servant

Illietrate person

Minor person

None of these

The persons who work for the formation of company are called

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The owners

The employees

Thew promoters

The directors

Amount spent on advertisement is:

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Heavy

Less

Reasonable

Nil

Because of home trade, the goods are traded in:

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Half of the country

Whole country

One province

Foreign country

The quantity of goods sold to consumers in a departmental store is:

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Reasonable

More

Small

All of the above

The objective of a statutory meeting is:

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To raise funds

To settle preferences

To win the confidence of company's shareholders

To sell the shares

Selling the goods in large quantity on low profit results in

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More profit

Less profit

Reasonable profit

No profit

The management committee of society is elected by:

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Members

Government

the will of one person

All the correct

The performance of an office depends upon

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Principle

Workers

Office machines

Office management

To whom does the directors of a company submit the copy of profit and loss account:

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Company's registrar

Company's auditor

Company's creditor

None of these

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

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