Business and Commerce mcqs

✅ The correct answer is C.
Metal holders method of filing, papers and documents are placed in metal holders in chorological order. This method is inconvenient for maintenance and outdated .

✅ The correct answer is A.
Letter tray drawer type of drawer are used to increased desk top work area.

✅ The correct answer is C.
Modular furniture saves space. Modular furniture is defined as furniture made up of independent work surface and storage units with panels used as end panels or space dividers. It includes all modular furniture components that collectively are required to complete a workstation.

✅ The correct answer is B.
Telephone is an instrument which reproduces sound at a distance by means of electricity. There are three types of telephone connections like direct exchange line, private branch exchange and intercom. Intercom system of communication has become very popular in our country.

✅ The correct answer is B.
Shares issued to the existing share holders on a pre-emptive basis is right issue. The pre-emptive right is also called subscription right or subscription privilege.

✅ The correct answer is D.
Co-ordination is regarded as the essence of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.

✅ The correct answer is B.
Co-operative societies have Democratic management. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. The main purpose of a Co-operative Society is to provide service to its members.

✅ The correct answer is B.
When a transfer of shares takes place by the operation of law, it is known as Transmission of shares. The transmission of shares occurs due to the operation of law i.e. in case if the member passes away or becomes insolvent/lunatic.

✅ The correct answer is C.
The office management simply means to Control. It is the function of the management to organize, guide and control the whole activities of the office personnel for a common aim.

✅ The correct answer is A.
Small scale firms are more flexible in their functioning. These units are more adaptable to their changing business environment.