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Business and Commerce MCQ Questions and Solutions with Explanations | Commerce

Business and Commerce MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business and Commerce MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-2 section-3

Each section contains 100 MCQs on Business and Commerce .
11
Which method of filing is useful for those concerns where numbers of letters are small?
Discuss
Answer & Solution
Answer: Option B
Solution:
Card board filing method of filing is useful for those concerns where numbers of letters are small.
12
Business includes ____________.
Discuss
Answer & Solution
Answer: Option B
Solution:
Business includes economic activities. Business is an economic activity concerned with production and distribution of goods and services with the aim to earn profit.
13
Office is a place where ___________.
Discuss
Answer & Solution
Answer: Option A
Solution:
Office is a place where office work is done.
14
Office layout aims at ___________.
Discuss
Answer & Solution
Answer: Option B
Solution:
Office layout aims at optimum utilization of space. Office layout assures the optimum utilization of floor space. Effective office layout ensures a smooth flow of work. Office layout assures the optimum utilization of floor space.
15
An open office has the benefit of __________.
Discuss
Answer & Solution
Answer: Option B
Solution:
An open office has the benefit of economy. A lack of walls or other physical barriers in open-plan office spaces makes it easier for employees to interact with each other on a regular basis.
16
Which method is suitable for large office?
Discuss
Answer & Solution
Answer: Option D
Solution:
Horizontal filing method is suitable for large office. The horizontal filing system is a modern type of filing where the documents or letters are chronologically placed in folders one upon another in a horizontal or flat position.
17
SEBI was given statutory status on ___________.
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
18
___________ means a method of filing while indexing.
Discuss
Answer & Solution
Answer: Option A
Solution:
Classification means a method of filing while indexing. On the other hand, means the method used for making reference to the records filed.
19
Modular furniture __________.
Discuss
Answer & Solution
Answer: Option C
Solution:
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.
20
The communication process is made up of various components. Which of the following is the actual physical product from the source?
Discuss
Answer & Solution
Answer: Option C
Solution:
The communication process is made up of various components. Message is the actual physical product from the source. The message is the actual physical product from the source encoding.