Drug Store and Business Management MCQ question and answer

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Current Affairs Interview Blog

Insurance removes the hindrance of

A) Time B) Finance and credit C) Risk D) Place

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Commerce overcome the hindrances of

A) Person, Money, Transport, Time, Knowledge, Damage, Risk of loss B) Banking and Insurance C) Trade D) Economics

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Answer & Solution

Answer: Option A

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Sales made to Mr. Varma should be debited to

A) Cash account B) Bani account C) Bank account D) All of the above

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Answer & Solution

Answer: Option B

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The full disclosure principle states:

A) That accounting practices should remain unchanged from one period to another B) The tendency to maintain a state of affairs without a sudden change C) That all information significant to the users of financial statements should be disclosed D) To the relative importance of an item or event

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Answer & Solution

Answer: Option B

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. . . . . . . . refers to the exchange of goods or commodities against money or service.

A) Distribution B) Place C) Sales D) Myopia

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Answer & Solution

Answer: Option C

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For which type of account Overdraft facility permitted?

A) Current account B) Saving account C) Real account D) Nominal account

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Answer & Solution

Answer: Option A

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One of the most important tools of cost planning is . . . . . . . .

A) Budget B) Direct cost C) Unit cost D) Cost sheet

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Answer & Solution

Answer: Option A

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A partner below the age 18 does not enjoy the rights of full pledged is

A) Nominal partner B) Secret partner C) Minor partner D) Sleeping partner

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Answer & Solution

Answer: Option C

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Outstanding salaries are shown as . . . . . . . .

A) An expense B) A liability C) An asset D) All of the above

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Answer & Solution

Answer: Option B

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EOQ means

A) Effective order quantity B) Economic order quantity C) Emergency order quantity D) E-order quantity

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Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

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Drug Store and Business Management MCQ question and answer | Pharmacy MCQ question