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CA foundation ch 1

Authored by Varun Bhatia

Business

Professional Development

Used 2+ times

CA foundation ch 1
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76 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The possibilities of inadequate profits or even losses due to uncertainties are known as

Business Contingencies

Business Risks

Business Ventures

Business Activity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name two broad categories of business activities

Trade and Commerce

Trade and Industry

Industry and Commerce

None of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commerce includes activities relating to trade and ______ to trade

Supporting

Subsidiaries

Auxiliaries

Assistance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earning of profit is considered to be the subsidiary objective of the business.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Transfer of interest exists in case of ______

Profession

Employment

Business

None of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a part of non-economic activity?

Patriotism

Teaching

Sentiment

Sympathy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rendering of personalized expert service is a part of _____

Business

Profession

Employment

Global Firms

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Microsoft

Microsoft

Apple

Apple

Others

Others

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