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.
Foreign trade is concerned with
exchange of goods and services among companies
buying and selling of imported goods
exchange of goods and services among citizens
buying and selling of goods and services among countries
Correct answer is D
No explanation has been provided for this answer.
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
brokerage
backwardation
contango
commission
Correct answer is B
No explanation has been provided for this answer.
A fixed deposit account is beneficial to its holders because
cheques can be issued to settle huge debts
customers can become shareholders of the bank
it attracts higher interest rate
it allows customers overdraw their accounts
Correct answer is C
No explanation has been provided for this answer.
Buying on impulse is encouraged by
co-operative shops
hawkers
supermarket
mail order firms
Correct answer is C
No explanation has been provided for this answer.
The entertainment industry is classified under
extractive industry
manufacturing industry
constructive industry
commercial industry
Correct answer is D
No explanation has been provided for this answer.