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.
A business person who contracts to sell shares in the expectation of a fall in price is a
bear
broker
bull
jobber
speculator
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a non-insurable risk
Cash-in-transits
Consequential loss
Fire
Home accidents
Speculative venture
Correct answer is E
No explanation has been provided for this answer.
Credit note
Debit note
Delivery note
Invoice
Quotation
Correct answer is C
No explanation has been provided for this answer.
changing their forms and location
consuming them
costing their value
numbering and counting them
packing and measuring them
Correct answer is B
No explanation has been provided for this answer.
Which of the following best describes span of control
Directors in an organisation
Financial controllers within an organisation
Shareholders in a company
Subordinates that an executive supervises
Subordinates who can work on their own
Correct answer is D
No explanation has been provided for this answer.