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.
Which of the following shows the financial position of a business on a given date?
Bank statement
Balance sheet
journal
Cash book
Trial Balance
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a problem of distribution, sales and merchandizing?
Transporting goods
Trade malpractices
Pressure of sales
Sales force complacency
Easy payment for purchases
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not one of the functions of warehousing?
Goods are avaiable where the are required
Goods are stored until the are required
Production takes place ahead of demand
changes are avoided in prices which may result from shortage and gults
Goods are available when required
Correct answer is A
No explanation has been provided for this answer.
For continuous existence, a service oriented concern depends on?
liquid assets
middlemen
patronage of consumers
legislation of the ruling political party
staff strength of the concern
Correct answer is C
No explanation has been provided for this answer.
The essence of marketing is?sales
exchange
sales
trade
research
profit
Correct answer is B
Marketing is the process of getting potential clients or customers interested in your products and services. It is done to promote the buying or selling of a product or service.