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.
A chamber of commerce normally consists of
officials of the trade unions of commercial workers
all the people engaged in one aspect of trading and manufacturing
all the workers in one branch of commerce
the people who represent a cross-section of business interests in a town
Correct answer is D
No explanation has been provided for this answer.
If a customer opens a deposit account with a bank, he will
recieve a crossed cheque book
be given a tally
be given a loan
recieve interest
Correct answer is D
No explanation has been provided for this answer.
Which of the following receives dividend based on patronage?
Preference shareholder
Co-operative society member
Cumulative preference shareholder
Debenture holder
Correct answer is A
No explanation has been provided for this answer.
A cheque dated 30th July, 2004 but presented for payment on 28th February, 2005 is
post-dated
crossed
opened
stale
Correct answer is D
No explanation has been provided for this answer.
current assets less total liabilities
total assets less total liabilities
current liabilities plus current assets
current assets less current assets
Correct answer is D
No explanation has been provided for this answer.