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.

2,741.

The input, output and central processing units are the basic components of a computer's?

A.

memory

B.

printer

C.

hardware

D.

software

Correct answer is C

Computer hardware is the physical component that a computer system requires to function. It includes the motherboard, graphics card, CPU (Central Processing Unit), input devices (For raw data input), output devices (to disseminate data and information), storage devices (for data and information retention), etc.

2,742.

Tourism can be classified as?

A.

intangible import

B.

visible export

C.

intangible export

D.

invisible export

Correct answer is D

Tourism in terms of economic activity is treated as an 'invisible export' due to the fact that consumption of goods and services by foreign tourists really carries out the export on the spot in a tourist destination.

2,744.

One advantage of a crossed cheque is that it can?

A.

only be paud into a savings account

B.

be cashed over the bank's counter

C.

only be paid into the owner's account

D.

be cashed by anyone

Correct answer is C

No explanation has been provided for this answer.

2,745.

A good financial instrument which serves as a hedge against inflation is?

A.

a bond

B.

a share

C.

an opion

D.

a warrant

Correct answer is A

No explanation has been provided for this answer.