Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,551.

A doctor who attends to patients at home after his official duty is?

A.

a community develoment worker

B.

a direct service worker

C.

an indirect sevice worker

D.

a direct and an indirect sevice worker

Correct answer is B

Direct services means services delivered by an employee in the physical presence of the Person. Example  services providing therapy, habilitation, or rehabilitation activities or support services such as transportation.

2,552.

Which of the following can be used to differentiate skilled and unskilled labour?

A.

Education and training

B.

Available resources

C.

Level of commitment

D.

Salaries and wages

Correct answer is A

Unskilled labor, when measured by educational attainment, refers to jobs that require a high school diploma only, or could be filled by a high school dropout who masters specific skills. Skilled labor requires additional skills or education.

2,553.

The wealth of a nation depends on the volume of its?

A.

bilateral trade activities

B.

commercial activities

C.

multilateral trade activities

D.

stock market

Correct answer is B

Commercial activity is an activity intended for exchange in the market with the goal of earning an economic profit. Simply put, activities involving or relating to the buying and selling of goods

2,554.

Which Commerce Question Paper is given to you?

A.

Type A

B.

Type B

C.

Type C

D.

Type D

Correct answer is B

No explanation has been provided for this answer.

2,555.

A firm that disposes its wastes properly is discharging its?

A.

community responsibility

B.

evironmental responsibility

C.

civic responsibility

D.

social responsibility

Correct answer is B

The environmental responsibility of a firm consists of respect to the environment where the firm is situated, making rational use of natural resources and taking steps to prevent pollution from the different processes involved in industrial operations.