Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

776.

The last link in the production process is the

A.

transporter

B.

wholesaler

C.

consumer

D.

retailer

Correct answer is C

The last link in the production process is When goods reach the final consumer 

777.

Who among the following does not render direct service?

A.

Teacher

B.

Musician

C.

Doctor

D.

Retailer

Correct answer is B

Direct services means services provided through person-to-person contact

778.

Which of the following is not the function of commerce

A.

the conversion of raw materials into semi-finished products

B.

the conversion of semi-finished products into end products

C.

Provision of services to customers

D.

The exchange and distribution of goods and services

Correct answer is D

No explanation has been provided for this answer.

779.

If a share is quoted ex-div, it means the new buyer would

A.

get the next dividend

B.

not get the next dividend

C.

get a fixed dividend

D.

not get any dividend

Correct answer is B

Ex-dividend describes a stock that is trading without the value of the next dividend payment.

780.

Voyage policy insurance is associated with

A.

fire

B.

life

C.

marine

D.

burglary

Correct answer is C

A voyage policy is marine insurance coverage for possible damage to a ship's cargo.