National Level E quiz on
Commerce and Management

Question
: What
is the main purpose of financial accounting? 

Answer
: PROVIDE USEFUL, FINANCIAL INFORMATION TO OUTSIDERS

Question
: Which financial statement displays the revenues and
expenses of a company for a period of time? 

Answer
: INCOME STATEMENT

Question
: Stage of PLC (i) Introduction (ii) Growth (iii) Accessible (iv) Maturity (v)
Decline (vi) Attitude 

Answer
: i, ii, iv and v

Question
: Which is not a form of Internet Marketing? 

Answer
: Product Mix and Branding

Question
: The Market environment consists 

Answer
: All of these

Question
: The
concept of Work Study techniques includes 

Answer
: All of the above

Question
: Which of the following is an objective of time
study? 

Answer
: All of the above

Question
: Job Analysis is a systematic procedure for securing and reporting information
defining a ......... 

Answer
: specific job

Question
: Directing is one of the important functions of HRM which comes under 

Answer
: managerial function

Question
: People who own, operate, and take risk of a business
venture: 

Answer
: Entrepreneurs