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(d) All of the above Explanation: Bank is an organisation which deals different matters related to money like deposit, loan, interest, etc.
DSBM : MCQs Based Practice Test #1 | D. Pharmacy 2nd Year
30 Questions
1890 Attempts
55.47K Seen
Drug Store and Business Management (DSBM) is an important subject added in the course curriculum of Pharmacy courses, as pharmacist is primarily involved in sale and purchase of drugs/medicines so he/she must need to adopt some profession and occupation. So business management for a drug store is equally important as the knowledge of drugs. In this Practice test we have selected some 30 important questions (MCQs) from drug store and business management (DSBM). This will helpful for diploma in pharmacy 2nd year students, B.pharmacy, competitive exams and also to gain basic knowledge of accounting and commerce. Start Test without Login in Merit
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(b) Genetic industries Explanation: Genetic industries are such industries in which certain species of plants and animals are multiplied and reproduced.
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(a) Large scale organisation Explanation: Alpha numeric codification is a coding system suitable for large scale organisation, e.g. Car Numbers.
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(b) Internal document Explanation: Purchase indent is a document that is used by the company internally that authorize the purchasing of products and material needed by the company.
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(b) Audio visual Explanation: Audiovisuals refers to work with both a sound and visual component. This method is suitable for uneducated peoples.
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(c) Advertisement account Explanation: Advertising account executes work withing advertising or multiservices agencies acting as a link between clients and the agency.
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(c) Entrepot trade Explanation: Entrepot trade in which imported goods are re-exported with or without any additional processing or repackaging.
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(c) Petty cash book Explanation: Imprest system is a form of financial accounting system. The most common imprest system is the petty cash system.
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(d) Transaction Explanation: the unit of classification of data within the journal is the transaction. In the journal the data is recorded on the basis of transaction.
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(c) Crossed cheque Explanation: Crossed cheque is a cheque marked to specify an instruction about the way it is to be redeemed. One can not get cash in hand through a crossed cheque.
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(d) All of the above Explanation: Perpetual inventory is also known as continuous inventory, described system of inventory where information on inventory quality and availability is updated on a continuous basis as a function of doing business. A bin card and store ledger are common elements in a perpetual inventory system.
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(b) Buying and selling of goods Explanation: Commerce is a whole system of an economy that constitute an environment for business (buying and selling of goods).
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(c) Total liabilities / shareholders equity Explanation: Debt equity ratio is used to measure relative claims of creditors and owners. It is Total liabilities by stockholders equity.
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