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.Management Sciences
Category: Basic of Economics
Trade name is ?
A. Used to identify a commercial product or service
B. By which commodity service or process is known to trade
C. Under which a business firm operates
D. All of them
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
A. Wealth tax
B. Withholding tax
C. Income tax
D. None of these
Large payment to senior employee who is forced into retirement is called ?
A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake
What is called a country’s decision to allow its currency value to change freely?
A. Pegged exchange rate
B. Floating exchange rate
C. Liberal exchanged rate
D. Open exchange rate
Two countries can gain from foreign trade if ?
A. Cost ratios are different
B. Tariff rates are different
C. Price ratios are different
D. A and C of above
What is deflation________________?
A. Deficit Budget
B. Reduction in taxation
C. Increase in public expenditure
D. Reverse of inflation
Percentage of total industry sales that a particular company controls is called ?
A. Lion’s share
B. Market share
C. Net share
D. Holding share
What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?
A. Consortium
B. Pool
C. Incorporation
D. Conglomerate
What is Demand note ?
A. Draft payable in lawful money upon demand
B. Cheque payable in lawful money upon demand
C. Security payable in lawful money upon demand
D. Term deposit payable in lawful money upon demand
A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?
A. Demand draft
B. Draft
C. Invoice
D. Bill of Intent
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