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.

1,831.

The turnover of a company will improve if the company increases?

A.

Advertising

B.

prices of goods

C.

production

D.

warehousing facilities

Correct answer is C

No explanation has been provided for this answer.

1,832.

The term "21/4%40 days"refers to?

A.

mark-up

B.

trade discount

C.

cash discount

D.

value added tax

Correct answer is B

No explanation has been provided for this answer.

1,833.

Which of the following is a function of a warehouse?

A.

Stabilizing prices

B.

Increasing competition

C.

Stimulating demand

D.

Controlling quality

Correct answer is A

No explanation has been provided for this answer.

1,834.

Which of the following is not feature of a department store?

A.

Located at the centre of the city

B.

Bulk buying

C.

Attractive layout

D.

Seling one line of goods

Correct answer is D

No explanation has been provided for this answer.

1,835.

A specially designed container to convey crude oil or liquid from another location to another is a?

A.

launche

B.

tanker

C.

ferry

D.

coaster

Correct answer is B

No explanation has been provided for this answer.