ICSE X/ICSE Class 10th Commercial Studies (MCQ Question Answer) Sample Test,Sample questions

Question:
"Consumers have the right to register his dissatisfaction and get his complaints heard at appropriate
forums- which consumer's right has been highlighted in the given statement?

1.Right to safety

2.Right to consumers education

3.Right to choose

4.Right to be heard.


Question:
"It consists of owners, employees, customers, suppliers, retailers etc. who are directly affected by
enterprises actions and decisions" identify the types of stakeholders.

1.Primary stakeholders

2.Secondary stakeholders

3.Both (1) and (2)

4.None of the above


Question:
"To produce socially desirable goods and render services at reasonable prices" are some of the expectations of .....................

1.government

2.society

3.shareholders

4.suppliers


Question:
Advertising helps in launching a new product and capturing aminimum market share at the earliest"-It
is an advantages to which group?

1.To manufactures

2.To consumers

3.To salesman

4.To society


Question:
Advertising is always consumer oriented and it moves ____________ towards the __________.

1.Products, Buyers

2.Sellers, Buyers

3.Buyers, Sellers

4.Buyers, Products


Question:
Big basket, Jabbong, snapdeal etc. are the example of which type of E-commerce

1.E-advertising

2.E-banking

3.E-tailing

4. E-security


Question:
Consumers___________ the right to receive after sale service especially in costly and durable goods.

1.have

2.do not have

3.both 1 and 2

4.none of the above


Question:
Customers, Government and Creditors are considered as ____________".

1.internal stakeholders

2.external stakeholders

3.primary stakeholders

4.secondary stakeholders


Question:
Identify one of the feature of marketing.

1. It starts after product is produced

2.It starts before product is produced

3.It continues even after sale of goods

4.All the above


Question:
Identify one of the feature of Publicity.

1.It forms public opinion

2.It is paid form of communication

3.It has identified sponsor

4.It has commercial values


Question:
Identify one of the feature of Publicity.

1.It forms public opinion

2.It is paid form of communication

3.It has identified sponsor

4.It has commercial values


Question:
Identify the expectation of government from the business organization.

1.To follow rules and regulations of country

2.To pay taxes honestly

3. To assist in solving national problems

4.All the above


Question:
Identify which of the following is the examples of deferred expenses,

1.An old machinery purchased for R 9500

2.Expenses on overhauling and repairing a motor car

3.Legal fees to acquire property

4.Expenses incurred in connection with the issue of shares and debentures


Question:
In the process of marketing ______________ starts after the product has been produced.

1.Market research

2.Product planning

3. Research and development

4.Selling


Question:
Price is the monetary expression of ______________ of exchange for products or services.

1.weights

2.value

3.unit

4.durability


Question:
Promotion of reputation and maximising profits are the objectives of.

1.selling

2.advertising

3.marketing

4.sales promotion


Question:
Purchase of a laptop is capital expenditure when it is acquired for
but revenue expenditure
when it is acquired for_____________ .

1.use, re-sale

2.re-sale, use

3.display in stores, stock

4.use, charity


Question:
Selling is Product oriented but marketing is _______________

1.market oriented

2.customer oriented

3.producers oriented

4.promotion oriented


Question:
The sum of direct materials cost, direct wages and directs  expenses is known as ____________.

1.Fixed Cost

2.variable Cost

3.Prime Cost

4.overhead


Question:
To adhere fair and reasonable trade practices is the expectation of which types of stakeholders?

1.Customers

2.Shareholders

3.Suppliers

4.Government


Question:
What is the objective behind making capital expenditure?

1.maintain efficiency of the assets

2.improve the efficiency of the assets

3.installation of the assets

4.restore the efficiency of the assets


Question:
What would you call the efforts to create customers for the products and to provide maximum satisfaction
to them?

1.Selling

2.Marketing

3.Promotion

4.All of the above


Question:
What would you call the individuals, groups or organizations who have an interest in the decisions and
actions of the business enterprise?

1.Promoters

2.Bankers

3.Directors

4.Stakeholders


Question:
What would you call the mass paid communication of information intended to persuade buyers so as to
maximize profits?

1.Publicity

2.Advertising

3.Selling

4.Marketing


Question:
Which is the essential feature of a good brand.

1.The brand name should be complex and difficult

2.It can be easily imitated

3. It is suggestive of utility of the product

4.It should use national symbols


Question:
Which is the example of E-commerce?

1.Reliance fresh

2.Super market

3.Amazon

4.Big bazar


Question:
Which is the prime objective of pricing?

1. Consumer satisfaction

2. Efficient distribution of goods

3.Increasing Profitability

4.Advertising of goods


Question:
Which one amongst the following is an example of internal stakeholder?

1.Banker

2.Debtors

3.Owner

4.Creditors


Question:
Which out of the following option indicates the important ance of ad vertising for the producers.

1.Higher sale volume

2.Meeting competition

3.Steady demand

4.All the above


Question:
Who are the stakeholders who expects growth of entire industry and promotion of cooperation among the
business houses.

1.Competitors

2.Government

3.Creditors

4.customers


Question:
Who are the stakeholders who expects to receive more and more promotional and growth opportunities?

1.Employee

2.Government

3.Creditors

4.Customers


Question:
____________is an example of secondary stakeholders.

1.Government

2.Employees

3.owner

4.Creditors


Question:
_____________means the expenditure the benefit of which is not exhausted with in the current year but it
is enjoyed over a long period of time.

1. Capital expenditure

2.Revenue expenditure

3. Deferred revenue expenditure

4.Capital receipts


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