Test: Business Organizations- 6


15 Questions MCQ Test Business and Commercial Knowledge | Test: Business Organizations- 6


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Attempt Test: Business Organizations- 6 | 15 questions in 15 minutes | Mock test for CA CPT preparation | Free important questions MCQ to study Business and Commercial Knowledge for CA CPT Exam | Download free PDF with solutions
QUESTION: 1

The best definition of a sole trader form of business organisation is:

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QUESTION: 2

One of the claimed advantages of a sole trader business is that:

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QUESTION: 3

One of the disadvantages of a sole trader business is that:

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QUESTION: 4

One of the advantages of a partnership form of business organisation is that:

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QUESTION: 5

Which of the following is NOT a feature of a private limited company?

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QUESTION: 6

Which of the following statements best applies to a public limited company (plc)?

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QUESTION: 7

The main reason why the owners of many private limited companies convert into public limited companies is because:

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QUESTION: 8

One of the main drawbacks of many public limited companies is that:

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QUESTION: 9

Which of the following statements about most public limited companies is true?

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QUESTION: 10

Which of the following statements about co-operative business organisations is true?

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QUESTION: 11

One of the reasons for a business buying a franchise is because:

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Franchising allows bigger businesses to branch out and grow while giving people the opportunity to run their own business with the help and support of a larger company that has a proven formula for success.

QUESTION: 12

One of the advantages to a business of selling a franchise is that:

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QUESTION: 13

The best definition of nationalisation is:

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QUESTION: 14

All of the following are claimed advantages of joint ventures except:

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QUESTION: 15

All of the following are claimed advantages of public corporations except:

Solution:
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