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.
authorized capital
called-up capital
capital employed
fixed capital
working capital
Correct answer is E
No explanation has been provided for this answer.
What covers the risk which an employer may suffer as a result of the dishonesty of an employee?
accident insurance
export credit insurance
fidelity guarantee insurance
fire insurance
life assurance
Correct answer is C
No explanation has been provided for this answer.
Which business unit has a membership range of 2-50?
Cooperative Society
Partnership
Private Limited Company
Public Enterprise
Public Limited Company
Correct answer is C
No explanation has been provided for this answer.
The different types of occupation in which people are engaged can be grouped as
Direct Services, Commercial and industrial
Manufacturer, Blacksmith and Industrial
Industrial, Manufacturing and Commercial
Teaching, Manufacturing and Commercial
Trading, Teaching and Commercial
Correct answer is A
No explanation has been provided for this answer.
Another name for exchange of goods or other goods is called
barter
buying
credit
selling
specialization
Correct answer is A
No explanation has been provided for this answer.