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Choose the best option for the following statements: 1. Banks, Financial are the examples of type of business a. Service b. Manufacturing c. Merchandising d.

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Choose the best option for the following statements: 1. Banks, Financial are the examples of type of business a. Service b. Manufacturing c. Merchandising d. Financing 2. Partner's liabilities are a. Limited liabilities b. Unlimited liabilities c. No liability d. None of the above 3. The ratio in which the partners share the profits and losses is mentioned a. Partnership deed b. Memorandum of association c. License d. None of the above 4. is an item that shows money due to a business by custon goods or services on credit. a. Account payable b. Account receivables c. Accruals d. Prepayments 5. Account receivables helps to attract and retains more a. Suppliers b. Creditors c. Bankers d. customers

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