The cost of advertising is ultimately borne by the
manufacturer
consumer
wholesaler
retailer
Correct answer is B
The cost of advertising a product is one of the indirect costs that is included in the sale price of a product. The consumer indirectly pays for advertisement.
A place where dutiable goods are kept until duties on them are paid is known as
private warehouse
public warehouse
bonded warehouse
manufacturer's warehouse
Correct answer is C
A bonded warehouse is a custom operated warehouse, where goods whose excise duties are yet to be paid are kept. They are owned by the government
Which of the following is not a function of an entrepreneur?
Co-ordination
Risk-bearing
Entertaining
Making decision
Correct answer is C
An entrepreneur does not perform the role of entertainment.
post restante
recorded delivery
speed post
express service
Correct answer is A
Poste restante is a service operated by post offices in which letters and packages are kept at a particular post office until their recipients collect them. In this case, a personal home/office address is not required.
Advice note
Delivery note
Credit note
Consignment note
Correct answer is A
An advice note is a document that confirms the receipt and dispatched of customer order.