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.

271.

Which of the following regards the consumer as king?

A.

consumer behavior

B.

marketing concept

C.

market mix

D.

pricing policy

E.

product mix

Correct answer is B

No explanation has been provided for this answer.

272.

Public debt management is one of the functions of a ----- bank

A.

central

B.

commercial

C.

development

D.

industrial

E.

merchant

Correct answer is A

No explanation has been provided for this answer.

273.

A financial document stating the reasons for making a payment and details of the payment is

A.

bank draft

B.

cash book

C.

cheque

D.

payslip

E.

voucher

Correct answer is E

No explanation has been provided for this answer.

274.

The process of passing information from one person to another in an organization is known as

A.

communication

B.

co-ordination

C.

delegation

D.

direction

E.

Motivation

Correct answer is A

No explanation has been provided for this answer.

275.

When the supplier changes a retailer for not returning empty packages, the supplier sends him a/an

A.

advice note

B.

consignment note

C.

credit note

D.

debit note

E.

statement

Correct answer is D

No explanation has been provided for this answer.