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.
Cash-in-hand and at bank as well as debtors are examples of
current assets
fixed assets
capital owned
capital employed
working capital
Correct answer is A
No explanation has been provided for this answer.
New shares are offered for sale to the public through
acceptable houses
the stock exchange
issuing houses
discount houses
mortgage banks
Correct answer is C
No explanation has been provided for this answer.
authorised capital
fixed capital
working capital
capital owned
called-up capital
Correct answer is C
No explanation has been provided for this answer.
An offer of new shares made to existing shareholders at a preferential price is called?
bonus issue
rights issue
private placing
debenture
preference share
Correct answer is B
No explanation has been provided for this answer.
life assurance policy
endowment policy
fidelity guarantee insurance
employers liability insurance
engineering insurance
Correct answer is D
No explanation has been provided for this answer.