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Commerce Questions and Answers - Short GK Questions 1. Name the term which is concerned with the activities involved in the sale, transfer or exchange of goods and services: Answer: Commerce. 2. Which is the oldest form of business organization? Answer: Sole proprietorship. 3. Commerce Questions with Answers 1. Who is Father of Scientific Management ? (A) Henry Fayol (B) Elton Mayo (C) Chester Bernard (D) F. W. Taylor See Answer: 2. Appointment of a Company Secretary is made by- (A) Promoters (B) Board of Directors (C) Debenture holders (D) Government See Answer: 3. Bonus Shares are issued to-

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Commerce Commerce MCQs Commerce MCQs Multiple Choice Question (MCQs) is a process that tests student's knowledge about comprehensive content and objectives and gives an insight into student ability. Our subject-matter specialists have composed these Commerce MCQs based on CBSE syllabus and current practices. General Knowledge Commerce Quiz Questions 1. Which of the following is the correct statement in the context of 'Accounting Period Concept'? (A) The life of the business is divided into appropriate time segment to find out the results of operations. (B) The business will be carried on for a long period of time. Welcome to Commerce Quiz. Commerce Quiz is an interactive tool designed to test students financial literacy skills Commerce Quiz is a proud recipient of a 2014 Commonwealth Bank Foundation Teaching Award. Take the Quiz. General Knowledge Commerce Questions ( Next GK Commerce Questions ) 1. In case of Board Meetings the Quorum must be present- (A) At the commencement of the meeting (B) At the termination of the meeting (C) Throughout the meeting (D) At the commencement and termination both See Answer: 2.

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1. Which of the following best describes the concept of industry in the world of commerce? It is a medium of exchange. It facilitates barter trade. It is an activity of an economic nature. It is. 1. Exam B 50 questions + 15 questions from Exam C (1-16, page 135) Questions: 65 | Attempts: 116 | Last updated: Mar 19, 2023. Sample Question. A 3-tier e-commerce web application is current deployed on-premises and will be migrated to AWS for greater scalability and elasticity. 1. Which of the following is not a current liability? A. Bank Overdraft B. Bills Payable C. Outstanding Expenses D. Equity Share Capital 2. Contingent Liability is shown owing to the A. Convention of conservatism B. Convention of materiality C. Convention of full disclosure D. Dual aspect concept 3. Sample Question. Converse is a popular American shoe company which is known worldwide for its apparels, sport shoes and brand wear. It is also considered to be one of the most popular American shoe companies. The company began its journey in 1908 as a rubber shoe company specializing rubber based shoes.

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Commerce General Knowledge Questions and Answers, General Knowledge Questions and Answers in Commerce Page 1 Important Questions Chapter 1 Introduction to Micro Economics Important Questions Chapter 2 Theory of Consumer Behaviour Important Questions Chapter 3 Production and Costs Important Questions Chapter The Theory of Firm Under Perfect Competition Important Questions Chapter 5 Market Equilibrium Important Questions Chapter 6 Non-Competitive Markets E-Commerce General Knowledge(GK) Multiple Choice Questions(MCQs) and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These General Awareness solved questions or quizzes are provided by Gkseries. Marketing Management HRM in Commerce Legal Aspects of Business Income Tax and Corporate Tax eCommerce Insurance GST Miscellaneous in Commerce Read More: MCQ Type Questions and Answers Arithmetic Ability Competitive Reasoning Competitive English Data Interpretation General Knowledge State GK History Geography Current Affairs Banking Awareness

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See Answer: 5. The liability of a sole proprietor is-. (A) Limited to the extent of his capital invested in the business. (B) Limited to the extent of the value of business assets. (C) Limited to the extent of the value of business assets and his all private assets. (D) None of the above. See Answer: 6. Multiple Choice Question (MCQs) is a process that tests student's knowledge about comprehensive content and objectives and gives an insight into student ability.Our subject-matter specialists have composed these Commerce MCQ based on CBSE syllabus and current practices.