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.
The compensation given to brokers who sell shares to jobbers is called
premium
commission
salary
interest
dividend
Correct answer is B
No explanation has been provided for this answer.
Which of the following is the basic principle of marketing concept?
Seller-oriented
Producer-oriented
Consumer-oriented
Manufacturer-oriented
Product-oriented
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an acceptable collateral security for a bank loan?
Certificate of occupancy
Life assurance policy
Lien on deposit account
Family building
Warehouse warrant
Correct answer is E
No explanation has been provided for this answer.
fixed capital
share capital
loan capital
working capital
circulating capital
Correct answer is C
No explanation has been provided for this answer.
total cost less total sales
total sales less total returns
gross profit less expenses
sales dividend be average stock
selling price less cost price
Correct answer is E
No explanation has been provided for this answer.