Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
trade associate
chamber of commerce
trade union
cooperative society
Correct answer is B
No explanation has been provided for this answer.
The turnover of a company will improve if the company increases?
Advertising
prices of goods
production
warehousing facilities
Correct answer is C
No explanation has been provided for this answer.
The term "21/4%40 days"refers to?
mark-up
trade discount
cash discount
value added tax
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a function of a warehouse?
Stabilizing prices
Increasing competition
Stimulating demand
Controlling quality
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not feature of a department store?
Located at the centre of the city
Bulk buying
Attractive layout
Seling one line of goods
Correct answer is D
No explanation has been provided for this answer.