Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Consignment note
Credit note
Advice note
Debit note
Statement
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not the objective of Consumer Association? To
ensure that fair prices are charged
educate consumers on their rights
prevent fake goods from entering the market
prevail on the govemment to enact consumer protection laws
ensure correct specihcations as to quality of goods
Correct answer is C
No explanation has been provided for this answer.
The process of taking over private business by government is known as?
naturalisation
nationalisation
privatisation
commercialisation
indigenisation
Correct answer is B
No explanation has been provided for this answer.
A postal order, either crossed or open is only valid for a period of?
12 months
10 months
8 months
6 months
5 months
Correct answer is D
No explanation has been provided for this answer.
number of times opening stock is sold during a period
rate paid by retailers for their stocks
rate paid to agents forturning over their stock ata given period
number of times the stock is turned over
number of times average stock is sold during a period
Correct answer is D
No explanation has been provided for this answer.