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.

1,506.

Specialization is possible as a result of

A.

good roads

B.

education

C.

demand for goods

D.

growth in population

E.

exchange

Correct answer is E

No explanation has been provided for this answer.

1,507.

Another name for consignment note is

A.

qoutation

B.

waybill

C.

debit note

D.

receipt

E.

credit note

Correct answer is B

No explanation has been provided for this answer.

1,508.

The department that deals with internal grievances and maintenance of discipline in an organization is the

A.

accounts

B.

maintenance

C.

personnel

D.

public relations

E.

productions

Correct answer is C

No explanation has been provided for this answer.

1,509.

Which of the following is applicable to foreign trade only?

A.

Pro forma invoice

B.

insurance policy

C.

Order

D.

Bill of exchange

E.

Consular invoice

Correct answer is E

No explanation has been provided for this answer.

1,510.

An organization that builds access roads for the benefit of the community in which it is located has fulfilled its

A.

legal responsibility

B.

political responsibility

C.

social responsibility

D.

technological responsibility

E.

economic responsibility

Correct answer is C

No explanation has been provided for this answer.