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.
One major characteristic of credit unions and thrift societies is that?
the legal processes involved in their formation are rigid
membership is compulsory to people in the same line of business
the contribution of every member depends on the member's ability
a minimum of ten people in the same line of business can form the union
Correct answer is C
No explanation has been provided for this answer.
The significance of money to modern economic system is that it?
is used as a means of payment
promotes specialization and exchange
measures value and promotes exchange
causes inflation in the economy
Correct answer is C
No explanation has been provided for this answer.
The temporary working area of the central processing unit is called the?
C-D ROM
C-D RAM
ROM
RAM
Correct answer is B
No explanation has been provided for this answer.
Which of the following best describes the classification of computer?
Mini-computer, speed and size
Micro-computer, cost and abilities
Mini-computer, Micro-computer and work station
Mini-computer , hybrid and digital
Correct answer is C
No explanation has been provided for this answer.
A documentary bill will normally be accompanied by
sales invoice, bill of lading and insurance certificate
clean bill, bill of lading, and insurance certificate
bill of lading, consular invoice, and insurance certificate
consular invoice, FOB certificate and bill of lading
Correct answer is D
No explanation has been provided for this answer.