Commerce Optional Solved Questions & Answers | GkSeries
91
Organizational design is based on decisions about
Answer: work specialization and mechanisms, chain of command and span of control
92
Parallel integration of business units is known as
Answer: horizontal combination
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93
Which of the following is/are public documents of a company?
Answer: Memorandum and Articles
95
Cumulative Preference Shareholders can claim unpaid dividend of earlier years as a matter of right, only when
Answer: there are sufficient profits
96
The main objective of controlling is to
Answer: ensure that performance is as per planning
97
The subsidiary voucher produced in the absence of primary voucher is called
Answer: collateral voucher
98
The statutory report of a company is prepared by the
Answer: secretary Cumulative Preference Shareholders
99
The balance of which of the following items may have credit balance too?
Answer: Bank
100
A and B are two partners in a firm. They admit C giving him one-fourth share in future profits. The new profit sharing ratio of these partners will be
Answer: 3 : 3 : 2
