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Drug Store And Business Management
Commerce and accounting for pharmaceutical businesses..
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Practice (MCQs) All ❱
1 of 16
Q.1 When businesses organisations owned and controlled by a single person it is…
- Sole proprietorship
- Partnership firms
- Co operative society
- All of them
Answer ✔ (a) Sole proprietorship
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
2 of 16
Q.2 .. . Encourage self-employment.
- Sole proprietorship
- Co operative society
- Partnership firms
- All of them
Answer ✔ (a) Sole proprietorship
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
3 of 16
Q.3 The highest secrecy can be maintained in
- Sole proprietorship
- Co operative society
- Partnership firms
- All of them
Answer ✔ (a) Sole proprietorship
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
4 of 16
Q.4 Limited scope of expansion is the disadvantage of…
- Sole proprietorship
- Partnership firms
- Co operative society
- All of them
Answer ✔ (a) Sole proprietorship
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
5 of 16
Q.5 The oldest form of business organisation is….
- Partnership
- Joint hindu family
- Sole Proprietorship
- All of them
Answer ✔ (a) Partnership
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
6 of 16
Q.6 In which of the following forms of business organization, registration is compulsory…
- Partnership firm
- Sole proprietorship
- Joint-stock company
- All of them
Answer ✔ (b) Sole proprietorship
Diploma • Drug Store and Business Management • D. Pharma • Diploma in Pharmacy
7 of 16
Q.1 Inactive partner is also known as…..
- Sleeping partner
- Working partner
- Secret partner
- None of them
Answer ✔ (a) Sleeping partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
8 of 16
Q.2 … . . .. Partner do not take part in conduct of business firm.
- Working partner
- Secret partner
- Inactive partner
- None of them
Answer ✔ (c) Inactive partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
9 of 16
Q.3 The partner not disclosed to public but shares the profit and losses of the firm is…
- Sleeping partner
- Inactive partner
- Both of them
- None of them
Answer ✔ (c) Both of them
Diploma • Drug Store and Business Management • Diploma in Pharmacy
10 of 16
Q.4 The partner not sharing profit but liable for the debts of the firm is…
- Secret partner
- Nominal partner
- Working partner
- None of them
Answer ✔ (b) Nominal partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
11 of 16
Q.5 The partner Neither contributing capital not taking an active part in business conduct is…
- Active partner
- Working partner
- Nominal partner
- None of them
Answer ✔ (c) Nominal partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
12 of 16
Q.6 The partner who does not want to be known as partner of the firm is…
- Secret partner
- Working partner
- Secret partner
- None of them
Answer ✔ (a) Secret partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
13 of 16
Q.7 The partnership wherein partners have unlimited liabilities is…
- General partnership
- Limited partnership
- Both of them
- None of them
Answer ✔ (a) General partnership
Diploma • Drug Store and Business Management • Diploma in Pharmacy
14 of 16
Q.8 A limited partnership consist of…
- General partners
- Limited partners
- Special partners
- All of them
Answer ✔ (d) All of them
Diploma • Drug Store and Business Management • Diploma in Pharmacy
15 of 16
Q.9 More stable partnership is…
- General partnership
- Limited partnership
- Both of them
- None of them
Answer ✔ (b) Limited partnership
Diploma • Drug Store and Business Management • Diploma in Pharmacy
16 of 16
Q.10 The partner having authority to check the books of account for information besides not a part of Managing firm is…
- General partners
- Limited partner
- Special partners
- All of them
Answer ✔ (b) Limited partner
Diploma • Drug Store and Business Management • Diploma in Pharmacy
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