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CONTENTS
Accountancy
Commerce
Economics
English
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Question-1
Sound _______ is essential for the success of a business.
(A)
Management
(B)
Staffing
(C)
Organization
(D)
None of these
Question-2
Partnership may be come into existence.
(A)
By the operation of law
(B)
By an express agreement
(C)
By an express or implied agreement
(D)
None of these
Question-3
In _______ management is carried on by a government nominated independent Board.
(A)
Government company
(B)
Public corporation
(C)
Board organization
(D)
None of these
Question-4
The agreement of Partnership
(A)
Must be oral
(B)
Must be in writing
(C)
Must be writing in the stamp paper
(D)
Can be either oral or in writing
Question-5
_____ do the business under the control of the head of the family.
(A)
Partnership
(B)
Companies
(C)
Joint Hindu Family
(D)
None of these
Question-6
Line of authority must proceed from the highest executive to the worker at the bottom level through a downward flow is known as__________
(A)
Unity of command
(B)
Chain of command
(C)
Span of control
(D)
None of these
Question-7
Any one who holds or buys a share in a company is called a
(A)
Partner
(B)
Proprietor
(C)
Share holder
(D)
None of these
Question-8
Delegation means the________ of part of the work
(A)
Exchange
(B)
Entrustment
(C)
Responsibility
(D)
None of these
Question-9
A Multinational Company is also known as
(A)
Global Gaint
(B)
Partnership
(C)
Co-operative Society
(D)
Public Corporation
Question-10
Membership by birth is main features in
(A)
Sole trader
(B)
Joint Hindu Family business
(C)
Co-operative society
(D)
Partnership
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Plus 2 Commerce
Tamil Nadu (English Medium)
Practice in Related Chapters
Organisation
Sole Trader
Partnership
Joint Stock Companies -I
Joint Stock Companies II
Government in Business
Stock Exchange
Co-operatives
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