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 facility used for impressing pre-paid postage rate on letters is called?
vending machine
speed post
recorded delivery services
cash register
franking machine
Correct answer is E
No explanation has been provided for this answer.
certificate of origin
bill of lading
letter iof hypothecation
consular invoice
ships manifest
Correct answer is A
No explanation has been provided for this answer.
The nominal capital of a company is the same as?
authorized capital
issued capital
capital owned
capital employed
called-up capital
Correct answer is A
No explanation has been provided for this answer.
Buildings, machines and more vehicles used for purpose of production are examples of?
current assets
current liabilities
working capital
fixed assets
liquid assets
Correct answer is D
No explanation has been provided for this answer.
Which of the following policies could be taken for a guaranteed life income?
Endowment assurance
Household policy
Annuity
personal accident insurance
Consequential loss insurance
Correct answer is C
No explanation has been provided for this answer.