Which of the following is NOT true of a cheque as a means of payment? It
can be made out of a definite payee
is generally acceptable
is safer than carrying cash
is transferable
serves as a proof of payment
Correct answer is B
No explanation has been provided for this answer.
The reply to a letter of inquiry is a/an
advice note
estimate
order
quotation
statement
Correct answer is D
No explanation has been provided for this answer.
construction
service
extraction
manufacturing
tertiary
Correct answer is C
No explanation has been provided for this answer.
The payment made by government to producers to enable them reduce price is known as
bonus
compensation
margin
make-up
subsidy
Correct answer is E
No explanation has been provided for this answer.
The actual amount of share capital a company is allowed to issue to the public is the ---- capital
authorized
issued
paid-up
reserved
working
Correct answer is A
No explanation has been provided for this answer.