Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following warehouse is generally found near a port?
bonded warehouse
distributor's warehouse
manufacturer’s warehouse
producer’s warehouse
wholesaler’s warehouse
Correct answer is A
No explanation has been provided for this answer.
Which of the following is NOT an aim of advertising?
creating a desire to purchase the goods
arousing the interest of the public
attracting the attention of the public
inspiring public confidence in the goods
reducing the cost of the goods produced
Correct answer is E
No explanation has been provided for this answer.
Nigerian Postal Services (NIPOST) facilitates commerce in all the following ways except through
cash on delivery service
recorded delivery service
express service
free on board service
Correct answer is D
No explanation has been provided for this answer.
Cash discount
Trade discount
Quantity discount
Seasonal discount.
Correct answer is A
No explanation has been provided for this answer.
Which of the following gives the correct order in which the listed documents are used?
debit note, order, delivery note, invoice and statement
order, delivery note, invoice, debit note and statement
statement, order, invoice, delivery note and debit note
invoice, order, statement, debit note and delivery note
Correct answer is B
No explanation has been provided for this answer.