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.
A facility used for impressing pre-paid postage rate on letters is called?
vending machine
speed post
recorded delivery services
cash register
franking machine
Correct answer is E
No explanation has been provided for this answer.
Governments impose import duties for the following reasons EXCEPT
to raise revenue for other services
to act as a retaliatory measure against other governments
to discourage the redistribution of income at home
to protect home industries from external competition
Correct answer is C
No explanation has been provided for this answer.
certificate of origin
bill of lading
letter iof hypothecation
consular invoice
ships manifest
Correct answer is A
No explanation has been provided for this answer.
The nominal capital of a company is the same as?
authorized capital
issued capital
capital owned
capital employed
called-up capital
Correct answer is A
No explanation has been provided for this answer.
Buildings, machines and more vehicles used for purpose of production are examples of?
current assets
current liabilities
working capital
fixed assets
liquid assets
Correct answer is D
No explanation has been provided for this answer.