Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

756.

The Board of Directors of Public corporation is appointed by the

A.

government

B.

shareholders

C.

management

D.

employees

Correct answer is A

Members of the Board of Directors of Public Corporations are appointed by the by the minister heading the ministry

757.

The last link in the production process is the

A.

transporter

B.

wholesaler

C.

consumer

D.

retailer

Correct answer is C

The last link in the production process is When goods reach the final consumer 

758.

Which of the following is not the function of commerce

A.

the conversion of raw materials into semi-finished products

B.

the conversion of semi-finished products into end products

C.

Provision of services to customers

D.

The exchange and distribution of goods and services

Correct answer is D

No explanation has been provided for this answer.

759.

If a share is quoted ex-div, it means the new buyer would

A.

get the next dividend

B.

not get the next dividend

C.

get a fixed dividend

D.

not get any dividend

Correct answer is B

Ex-dividend describes a stock that is trading without the value of the next dividend payment.

760.

Voyage policy insurance is associated with

A.

fire

B.

life

C.

marine

D.

burglary

Correct answer is C

A voyage policy is marine insurance coverage for possible damage to a ship's cargo.