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Accountancy
Commerce
Economics
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Question-1
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-2
A _____ is an association of many persons.
(A)
Company
(B)
Partnership
(C)
Sole proprietorship
(D)
None of these
Question-3
_____________ means the entrustment of part of the work or some duties to the subordination
(A)
Delegation
(B)
Co-ordination
(C)
Span of control
(D)
None of these
Question-4
Any business unit which is owned and controlled by a single individual is known as a
(A)
Partnership
(B)
Company
(C)
Sole trading concern
(D)
None of these
Question-5
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-6
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-7
________ is established under the companies Act of 1956.
(A)
Government company
(B)
Departmental undertaking
(C)
Public corporation
(D)
None of these
Question-8
The total works in the organization is divided , this is known as
(A)
Departmentation
(B)
Span of control
(C)
Scalar Principle
(D)
None of these
Question-9
Division of work is called
(A)
Departmentation
(B)
Delegation
(C)
Authority
(D)
None of these
Question-10
A ______ company that operates in several countries .
(A)
Partnership
(B)
Multinational
(C)
Co-operative society
(D)
None of these
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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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