Which of the following is not a reason for imposing a tariff? to
correct an adverse balance of payments
raise revenue for the government
encourage imports
protect infant industries
encourage the consumption of home-produced goods
Correct answer is C
No explanation has been provided for this answer.
A document that regulates the internal operations of a company is known as?
memorandum of association
articles of association
prospectus
certificate of incorporation
certificate of trading
Correct answer is B
No explanation has been provided for this answer.
The main purpose of establishing a public corporation is to?
make profit
provide employment
provide essential services
compete with entrepreneurs
establish a monopoly
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a fixed asset of a business?
sundry debtors
patent
machinery and plant
goodwill
loose tools
Correct answer is A
No explanation has been provided for this answer.
Money spent for the day-to-day running of a business is called?
fixed capital
working capital
equity capital
capital employed
authorized capital
Correct answer is B
No explanation has been provided for this answer.