(Download) CBSE Class-10 Sample Paper And Marking Scheme 2018-19: Elements of Business
(Download) CBSE Class-10 Sample Paper And Marking Scheme
ELEMENTS OF BUSINESS
1. A private company can start business as
soon as it
a. certificate of incorporation;
b. certificate of commencement;
c. certificate of minimum subscription;
d. memorandum of association.
It is necessary for a ____________________to keep an
index of members.
a. Private company;
b. Public company;
c. Sole- proprietorship firm;
d. Joint-Hindu family business.
As a finance manager of the company you have to
classify the funds of business on the basis of ownership.
You may classify the sources as:
a. borrowed funds;
b. owned funds;
c. short term funds;
d. both a and b.
In order to serve as a lubricant fostering smooth
operations of a business communication services must
5. A transaction between two parties where the buyer
receives goods, services or assets in exchange for money
b. Sales return;
c. Purchases return;
d. an Offer.