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.

2,041.

The telephone service through which one can dial any number,local,trunk or overseas is known as?

A.

internal communication system

B.

standard dialling system

C.

subscriber's trunk dialling system

D.

international telecommunication

E.

coded dialling order

Correct answer is C

No explanation has been provided for this answer.

2,042.

Which of the following defines communication?

A.

Movement of goods

B.

Transmission of information

C.

Movement of people

D.

Storing of information

E.

Distribution of newspapers

Correct answer is B

No explanation has been provided for this answer.

2,043.

The charge paid for failing to off-load a vehicle within a stipulated time is called?

A.

freight

B.

demurrage

C.

fine

D.

fare

E.

floating charge

Correct answer is B

No explanation has been provided for this answer.

2,044.

Which of the following is not one of the 4m's of business resources?

A.

Method

B.

Men

C.

Money

D.

Material

E.

Machine

Correct answer is A

No explanation has been provided for this answer.

2,045.

A bank may dishonour a cheque if?

A.

it is not crossed

B.

an alteration on the cheque is initiated

C.

the amount on the cheque is less than the amount in the account

D.

it has been endorsed to a third party

E.

the amount on the cheque is more than the amount in the account

Correct answer is E

No explanation has been provided for this answer.