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.

2,001.

Which of the following is sent when credit is not allowed?

A.

Debit note

B.

Proforma invoice

C.

Credit note

D.

Statement

E.

Advice note

Correct answer is B

No explanation has been provided for this answer.

2,002.

ln which of the following environments does a firm that uses out-dated equipment operate?

A.

Economic

B.

Technological

C.

Social

D.

Political

E.

Legal

Correct answer is A

No explanation has been provided for this answer.

2,003.

Which of the following is notan aim of advertising? To

A.

drive away smaller firms

B.

satisfy consumers

C.

help firms compete with others

D.

make one’s product known

E.

increase sales

Correct answer is A

No explanation has been provided for this answer.

2,004.

Which of the following is not a marketing function?

A.

Packaging

B.

Branding

C.

Advertising

D.

Accounting

E.

Pricing

Correct answer is D

No explanation has been provided for this answer.

2,005.

Which of the following is responsible for the welfare of staff in an organisation?

A.

Accounts Department

B.

Accounts Department

C.

Personnel Department

D.

Sales Department

E.

Public Relations

Correct answer is C

No explanation has been provided for this answer.