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.
The exchange of goods and services among many countries is
multilateral trade
bilateral trade
counter trade
entrepot trade
Correct answer is A
No explanation has been provided for this answer.
Credit note for #500.00
Debit note for #500.00
Credit note for #2,500.00
Debit note for #2,500.00
Correct answer is B
No explanation has been provided for this answer.
The charges imposed by the government on locally manufactured goods is called
customs duties
excise duties
tariffs
quota
Correct answer is B
No explanation has been provided for this answer.
The process of making goods attractive and easy to handle is
branding
merchandising
packaging
labelling
Correct answer is C
No explanation has been provided for this answer.
Farmers and all other workers concerned with getting raw materials from the earth are engaged in
commercial occupation
manufacturing occupation
constructive occupation
extractive occupation
Correct answer is D
No explanation has been provided for this answer.