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Specialization and Division of Labor Quiz Question and Answers 24 PDF Download

Learn specialization and division of labor quiz online, bachelor of commerce test 24 for online learning, distance learning courses. Free specialization and division of labor MCQs questions and answers to learn bachelor of commerce quiz with answers. Practice tests for educational assessment on specialization and division of labor, pattern of distribution, consumer credit act 1951, consumer credit act 1948, changing structure of retail trade worksheets.

Free online specialization and division of labor course worksheet has multiple choice quiz question: which one is not input factor of production with choices land , electricity, labor and enterprise with problems solving answer key to test study skills for online e-learning, formative assessment and jobs' interview preparation tips, study commercial world multiple choice questions based quiz question and answers.

Quiz on Specialization and Division of Labor Worksheet 24

Specialization and Division of Labor Quiz

MCQ: Which one is not input factor of production?

  1. land
  2. electricity
  3. labor
  4. enterprise

B

Pattern of Distribution Quiz

MCQ: Retailer purchases goods directly from

  1. manufacturers
  2. companies
  3. wholesaler
  4. suppliers

A

Consumer Credit Act 1951 Quiz

MCQ: Full amount must be paid for termination if goods are

  1. under hire purchase agreement
  2. under credit sale agreement
  3. under consumer credit agreement
  4. under retain possession of goods agreement

B

Consumer Credit Act 1948 Quiz

MCQ: APR in consumer credit act 1947 is abbreviation of

  1. annual price rate
  2. annual percentage rate
  3. annual profit ratio
  4. annual premium rate

B

Changing Structure of Retail Trade Quiz

MCQ: Stipulated retail price at which goods must be sold, is known as

  1. resale price maintaince
  2. renewal of price
  3. stipulated price
  4. repricing

A