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 main purpose of establishing a public corporation is to?
make profit
provide employment
provide essential services
compete with entrepreneurs
establish a monopoly
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a fixed asset of a business?
sundry debtors
patent
machinery and plant
goodwill
loose tools
Correct answer is A
No explanation has been provided for this answer.
Money spent for the day-to-day running of a business is called?
fixed capital
working capital
equity capital
capital employed
authorized capital
Correct answer is B
No explanation has been provided for this answer.
I & II only
III & V only
II, III & IV only
I, III & IV only
II, IV & V only
Correct answer is A
No explanation has been provided for this answer.
getting things done through people
implementation of business decisions
the number of levels in an organisation
the general manager and the employees
decision making
Correct answer is B
No explanation has been provided for this answer.