Tag Archives: man hour questions






Commerce Questions and Answers – Part7

61. Which bank note gives the bearer the right to have its face value converted into gold or some other commodity of value equivalent to the amount stated? Convertible bank-note 62. In which form the co-operative society, distributes its surplus dividends to its members? In the form of bonus 63. Which is the technique designed

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Commerce Questions and Answers – Part6

51. What is the name of entry which is used in Bank Column cash book to record the money transaction? Contra entry 52. The fixed cost of producing a quantity of a good divided by the quantity produced is : Average fixed cost 53. Which is the basic document of a company? Memorandom of association

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Commerce Questions and Answers – Part5

41. What is Petty Cash? A small fund of cash held by an institution which is used to make small and urgent payments 42. Who are entitled to take part in the control and management of business in a company? The board of directors elected by the shareholders 43. In a company who is responsible

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