Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
What is the cost of goods sold?
N 2220
N 2500
N 2800
N 4000
N 4300
Correct answer is C
No explanation has been provided for this answer.
The advertising medium which uses electric current in bulbs is referred to as
bill boards
neon signs
posters
television
video
Correct answer is B
No explanation has been provided for this answer.
Which of the following is NOT part of the marketing mix?
personnel
place
price
product
promotion
Correct answer is A
No explanation has been provided for this answer.
The sum which the insured pays periodically to his insurance company is called
a brokerage
a commission
an indemnity
a policy
a premium
Correct answer is E
No explanation has been provided for this answer.
chamber of commerce
consumers association
manufacturers association
trade association
trade union
Correct answer is A
No explanation has been provided for this answer.