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 is a disadvantage of canal transport? it is
narrow and cannot support big vessels
not suitable for small ferriers
often for short journey
suitable for carrying only goods
Correct answer is A
No explanation has been provided for this answer.
Which of the following is the fastest means of sending a document from one place to another?
Facsimile
Courier service
Express mail
Registered mail
Correct answer is B
No explanation has been provided for this answer.
One advantage of communication by telephone is
the conversation can be very short
it is less expensive
feedback is instantenous
the conversation is strictly private
Correct answer is C
No explanation has been provided for this answer.
Which of the following qualities of money is generally undermined by inflation?
Stability
Scarcity
Durability
Portability
Correct answer is A
No explanation has been provided for this answer.
The counterfoil of a cheque book enables the drawer to
request for a new cheque book
reconcile his book of accounts
know who the debtors are
obtain an overdraft from the bank
Correct answer is B
No explanation has been provided for this answer.