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.
The main aim of selling directly to consumers by manufactures is to
dis courage the activities of middlemen
make contacts with comsumers
eliminate transportation cost
maximize the profit margin
Correct answer is A
No explanation has been provided for this answer.
The cost of transporting goods to consumers called
carried inward
carried forward
carried paid
carried outward
Correct answer is D
No explanation has been provided for this answer.
The turnover of firm maybe affected by
the demand for its product
the cost of its goods sold
its closing stock
its net assets
Correct answer is A
No explanation has been provided for this answer.
N40 000
N50 000
100 000
200 000
Correct answer is B
No explanation has been provided for this answer.
issued capital
authorized capital
called-up capital
paid-up capital
Correct answer is B
No explanation has been provided for this answer.