Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Shares, stocks, government bonds trade in the stock exchange marks: are known as
debentures
gut-edged stocks
merchandises
securities
treasure bills
Correct answer is D
No explanation has been provided for this answer.
Which of the following regards the consumer as king?
consumer behavior
marketing concept
market mix
pricing policy
product mix
Correct answer is B
No explanation has been provided for this answer.
Public debt management is one of the functions of a ----- bank
central
commercial
development
industrial
merchant
Correct answer is A
No explanation has been provided for this answer.
Another name for a foreign order is
catalogue
export
import
indent
quotation
Correct answer is D
No explanation has been provided for this answer.
A financial document stating the reasons for making a payment and details of the payment is
bank draft
cash book
cheque
payslip
voucher
Correct answer is E
No explanation has been provided for this answer.