Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
An advantage of the Second-Tier Securities Market to an economy is in
creating avenues for investment
regulating competition amongst companies
granting financial assistance to consumers
increasing companies profit margins
Correct answer is A
No explanation has been provided for this answer.
Which of the following is used for temporary storage of data on a computer?
RAM
ROM
Floppy disk
flash drive
Correct answer is A
No explanation has been provided for this answer.
The winding up of a firm by a resolution of its shareholders is an example of
voluntary liquidation
bankruptcy
recession
involuntary liquidation
Correct answer is A
No explanation has been provided for this answer.
Ordianry warehouse is usually owned and used by
government
agents
retailers
wholesalers
Correct answer is D
No explanation has been provided for this answer.
The function of money that is mostly affected by inflation is
store of value
medium of exchange
measure of value
unit of account
Correct answer is A
No explanation has been provided for this answer.