(Download) CBSE Class-10 Sample Paper And Marking Scheme 2018-19: Elements of Business

(Download) CBSE Class-10 Sample Paper And Marking Scheme 2018-19:

ELEMENTS OF BUSINESS

      Marks

1.

1. A private company can start business as soon as it
receives the:
a. certificate of incorporation;
b. certificate of commencement;
c. certificate of minimum subscription;
d. memorandum of association.
Understanding 1
2. 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.
 
Understanding 1
3.  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.
Understanding 1
4.  In order to serve as a lubricant fostering smooth
operations of a business communication services must
not be:
a. efficient;
b. ineffective;
c. accurate;
d. fast.
 
Understanding 1
5. 5. A transaction between two parties where the buyer
receives goods, services or assets in exchange for money
is called:
a. Sale;
b. Sales return;
c. Purchases return;
d. an Offer.

Understanding

1

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