Question 1 of 10 50 total questions
Which of the following is an internal source of capital to a business concern?
A Trade credit
B Debenture
C overdraft
D Retain profit
Which of the following is an internal source of capital to a business concern?
A Trade credit
B Debenture
C overdraft
D Retain profit
The refund of a duty which had been paid on importation that are later re-exported is known as?
A export tax
B surtax
C customs drawback
D liquidation
An offer by one company to buy up all or greater part of another company's share is known as?
A merger
B take-over bid
C absorption
D liquidation
Which of the following does not lead to the dissolution of a partnership?
A Absence of a deed of partnership
B Withdrawal of a partner
C Incapacity of any of the partners
D Completion of contractual term
Which of the following has no limit to its membership?
A Ordinary partnership
B Private Limited Company
C Limited partnership
D Cooperative society
Which of the following is concerned with actual production of goods and services?
A Commerce
B Trade
C Industry
D Service
Transforming raw materials into finished products is an example of?
A primary production
B secondary production
C tertiary production
D direct service
Transforming raw materials into finished products is an example of?
A primary production
B secondary production
C tertiary production
D direct service
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
A production
B utility
C commerce
D industry
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