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 receives dividend based on patronage?
Preference shareholder
Co-operative society member
Cumulative preference shareholder
Debenture holder
Correct answer is A
No explanation has been provided for this answer.
A cheque dated 30th July, 2004 but presented for payment on 28th February, 2005 is
post-dated
crossed
opened
stale
Correct answer is D
No explanation has been provided for this answer.
current assets less total liabilities
total assets less total liabilities
current liabilities plus current assets
current assets less current assets
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not a sales promotion method?
Demonstration
Exhibition
Free sample
Newspaper
Correct answer is D
No explanation has been provided for this answer.
One disadvantage of advertising to the consumer is that it
brings confusion on the choice of goods
increases demand
persuades the public to buy what they need
decreases the cost of goods
Correct answer is A
No explanation has been provided for this answer.