What is the purpose of a debit note? To
reduce the credit in the buyer's account
reduce the debit charged to an invoice
compensate for damaged goods returned
allow for rebate
Correct answer is A
No explanation has been provided for this answer.
A bill of exchange becomes negotiable when it is
accepted
protested
dishonoured
discounted
Correct answer is A
No explanation has been provided for this answer.
A major cost component of running a mail order firm is the
printing of catalogues
paying salemen's salaries
renting shops
travelling expenses
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a feature of a Department Store?
One-stop-shopping
Deals in one line of goods
Use of trolleys
Convenient location
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a contract of carriage and a document of title?
indent
Bill of lading
Pro forma invoice
is allowed to borrow from commercial banks
Correct answer is B
No explanation has been provided for this answer.