Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

191.

The act of interpreting ideas within an organization is

A.

motivating

B.

organizing

C.

planning

D.

communicating

Correct answer is D

No explanation has been provided for this answer.

192.

The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as

A.

current account

B.

monetary movement account

C.

capital account

D.

social-welfare account

Correct answer is B

No explanation has been provided for this answer.

193.

Avast is an example of

A.

a web browser

B.

a search engine

C.

an antivirus

D.

a spread sheet

Correct answer is C

No explanation has been provided for this answer.

194.

Commission on turnover is usually a benefit accruable to the

A.

drawer

B.

drawee

C.

payer

D.

payee

Correct answer is D

No explanation has been provided for this answer.

195.

Given \(\frac{\text{index of export price}}{\text{index of import price}}\) X \(\frac{100}{1}\)

The formular above can be used to determine the

A.

terms of payment

B.

balance of payments

C.

tearms of trade

D.

import tariffs

Correct answer is C

No explanation has been provided for this answer.