Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The turnover of a company will improve if the company increases?
Advertising
prices of goods
production
warehousing facilities
Correct answer is C
No explanation has been provided for this answer.
The term "21/4%40 days"refers to?
mark-up
trade discount
cash discount
value added tax
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a function of a warehouse?
Stabilizing prices
Increasing competition
Stimulating demand
Controlling quality
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not feature of a department store?
Located at the centre of the city
Bulk buying
Attractive layout
Seling one line of goods
Correct answer is D
No explanation has been provided for this answer.
A specially designed container to convey crude oil or liquid from another location to another is a?
launche
tanker
ferry
coaster
Correct answer is B
No explanation has been provided for this answer.