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.
bill of exchange
certified cheque
promissory notestanding order
standing order
letter of credit
Correct answer is D
No explanation has been provided for this answer.
When a Public Limited Company is incorporated it means that
it is entitled to commence business
It has been given certificate of trading
It has a legal existence
its shares cannot be transffered
it has to issue a statutory declaration
Correct answer is C
No explanation has been provided for this answer.
The aspect of management which ensures that there is no deviation from the set standards is called
controlling
planning
commanding
organizing
directing
Correct answer is A
No explanation has been provided for this answer.
An established pattern of relationships among members of an organization is known as
organizational behaviour
organizational structure
organizational manual
organizational climate
span of control
Correct answer is A
No explanation has been provided for this answer.
Span of control is defined as the
authority of the supervisior
qualification possessed by the supervisor
number of staff in the organization
number of surbodinates reporting directly to a supervisor
ability of the supervisor to delegate authority
Correct answer is D
No explanation has been provided for this answer.