Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
A.C.P
G.A.T.T
U.N.C.T.A.D
I.M.F
Correct answer is D
No explanation has been provided for this answer.
human relations
public relations
personal relations
organizational set up
Correct answer is A
No explanation has been provided for this answer.
Which of the following is the correct sequence in which the following documents are used?
Order, delivery note, debit note, invoice, statement
Order, advice note, debit note,invoice,statement
Order, statement, delivery note, invoice, debit note
Order, delivery note, invoice, debit note, statement
Correct answer is D
No explanation has been provided for this answer.
A seller quoting his goods loco price means that
all charges are borne by the seller
all charges are borne by the buyer
the seller pays carriage as far as the buyers warehouse
the price includes cost, insurance and freight
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not suitable for hire purchase?
Textiles
Furniture
Refrigerators
Printing machine
Correct answer is A
No explanation has been provided for this answer.