Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following regards the consumer as king?
consumer behavior
marketing concept
market mix
pricing policy
product mix
Correct answer is B
No explanation has been provided for this answer.
Public debt management is one of the functions of a ----- bank
central
commercial
development
industrial
merchant
Correct answer is A
No explanation has been provided for this answer.
A financial document stating the reasons for making a payment and details of the payment is
bank draft
cash book
cheque
payslip
voucher
Correct answer is E
No explanation has been provided for this answer.
The process of passing information from one person to another in an organization is known as
communication
co-ordination
delegation
direction
Motivation
Correct answer is A
No explanation has been provided for this answer.
When the supplier changes a retailer for not returning empty packages, the supplier sends him a/an
advice note
consignment note
credit note
debit note
statement
Correct answer is D
No explanation has been provided for this answer.