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PHC693 QUIZ

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The following is most common form of business registration for a pharmacist to start pharmacy business EXCEPT:

a)

Sole proprietorship

b)

Partnership

c)

Unlimited company

d)

Private limited company

2.

The following business registration is governed by the Business Act 2016 EXCEPT:

a)

Private limited company

b)

Public limited company

c)

Foreign company

d)

Limited liability partnership

3.

A partnership is highly encouraged to have

a)

appointment letters

b)

a separate partnership agreement

c)

a memorandum of article

d)

a memorandum of agreement

4.

The following government agency is responsible for business registration:

a)

Department of Human Resource

b)

Companies Commission of Malaysia

c)

Ministry of Finance

d)

Malaysian Industrial Development Authority

5.

What is the minimum number of directors required for registering a private limited company in Malaysia?

a)

1

b)

2

c)

4

d)

7

6.

What is the fee for registering a sole proprietorship under a trade name?

a)

RM10

b)

RM30

c)

RM50

d)

RM60

7.

A professional partnership such as a legal firm is allowed to have up to how many partners?

a)

5

b)

10

c)

50

d)

100

8.

Registration of sole proprietorship with SSM is not applicable to

a)

Kelantan

b)

Selangor

c)

Sarawak

d)

Penang

9.

The only type of company that can be listed in the stock market is

a)

private limited company

b)

public limited company

c)

unlimited company

d)

limited liability partnership

10.

The following licences and permits are mandatory for a retail pharmacy dealing with poisons EXCEPT:

a)

business licence

b)

signboard licence

c)

type A poison licence

d)

cheap sale permit

11.

The following is the factor to register a sole proprietorship EXCEPT:

a)

not willing to share the profit

b)

availability of own capital to start the business

c)

stocks will mostly be purchased by credit terms

d)

confidence in own capabilities to run the business alone

12.

The following source of financing can be considered to start your own pharmacy business EXCEPT:

a)

banks

b)

government agency's grants

c)

ah long

d)

angel investor

13.

The following is a startup cost EXCEPT:

a)

purchase of a premise

b)

renovation

c)

utility bills

d)

assets and equipment

14.

A product costs RM6 from the supplier and you sell it at RM10. What is the profit margin?

a)

40%

b)

50%

c)

67%

d)

70%

15.

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bo