Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the is used in calculating working capital?
factory premises
furniture and fittings
machinery
office equipment
stock of raw material
Correct answer is E
No explanation has been provided for this answer.
Which of the following means of transport is most flexible?
air
rail
road
sea
waterways
Correct answer is C
No explanation has been provided for this answer.
Crude oil is best transported within the country through
a container
a trawler
a tanker
pipeline
rail
Correct answer is C
No explanation has been provided for this answer.
Which of the following can be used to establish an importer's title to goods?
bill of exchange
bill of lading
cargo receipt
import licence
way bill
Correct answer is B
No explanation has been provided for this answer.
An allowance made to a customer for prompt payment is known as
allowance
bulk discount
cash discount
commission
trade discount
Correct answer is C
No explanation has been provided for this answer.