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.
The Nigeria Television Authority is an example of a?
private limited liability company
public limited liability company
multinational corporation
co-operative society
public corporation
Correct answer is E
No explanation has been provided for this answer.
A promissory note
A credit book
An advice note
A debit note
A statement of account
Correct answer is D
A debit note is a document issued by a seller to a buyer notifying them of their current debt obligations. It is sent to the buyer when there is an increase in the amount payable
When a debit note is issued to a customer, the company is sending a notice to the buyer to pay an additional amount due to an error that may have been committed at the point of charging for the good and service
Which of the following deals with the problems involved in selling of a particular product?
Market research
Market segmentation
Market sharing
Marketing research
Merchandising
Correct answer is B
No explanation has been provided for this answer.
When more shares are applied for than are offered for sale the offer is said to be over?
issued
floated
subscribed
valued
traded
Correct answer is C
No explanation has been provided for this answer.
In winding-up a company, the assets of the company are vested in the hands of the?
receiver
liquidator
registrar of companies
directors of companies
the government
Correct answer is B
No explanation has been provided for this answer.