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.
Profit that is expressed as a percentage of the cost of goods sold is remark-upferred to as
margin
mark-up
gain percent
gross profit
Correct answer is B
No explanation has been provided for this answer.
issue of shares to the directors of a company on favourable terms
Issue of shares by a company only to the founders of the company
right of shareholders to vote on any issue
issue of shares to shareholders on favourable terms
Correct answer is D
No explanation has been provided for this answer.
turnover
capital
ratio
balance
Correct answer is C
No explanation has been provided for this answer.
Factoring is a trade debt term used when the agent buys all the trade debts of the
importers
exporters
nation
customers
Correct answer is B
No explanation has been provided for this answer.
A public limited company can raise long-term loans through
the capital market
the money market
bank overdrafts
discount houses
Correct answer is A
No explanation has been provided for this answer.