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.
wholesalers' association
consumers association
government agency
workers' union
Correct answer is B
Consumer associations are organizations that examine and compare products in order to advise consumers on them as well as giving support to people who have problems with things they buy or businesses they patronized. They generally work for the interest of their members by looking out for them against being exploited and mistreated by retailers or wholesalers.
30.5%
20.5%
20.0%
10.0%
Correct answer is C
No explanation has been provided for this answer.
The circulating capital of a business enterprise is classified into?
cash, work-in-progress and debtors
cash,vehicles, land and buildings
debtors , stock of raw materials and fittings
pre-payments, debtors and equipment
Correct answer is A
Circulating capital also known as working capital is money being used for the core operations of a company. Circulating capital includes cash, operating expenses, raw materials, inventory-in-process, finished goods inventory, and accounts receivable.
The financial instrument that entitles the holder to receive dividend and capital gains is a?
share
bond
bill of exchange
treasury bill
Correct answer is A
Share capital is a financial instrument that allows its holders units of equity ownership in a corporation. Shareholders enjoy distribution in any residual profits, if any are declared, in the form of dividends. Shareholders may also enjoy capital gains if the value of the company rises.
The type of partnership in which all partners are jointly liable in bearing risk is?
limited partnership
partnership-at-will
ordinary partnership
industral partnership
Correct answer is C
No explanation has been provided for this answer.