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.
The merchant wholesaler is referred to as
del-credere agent
a broker
rack jobber
a factor
Correct answer is A
No explanation has been provided for this answer.
One of the reasons why wholesaling must continue is that?
the tax paid by wholesalers on their profit enhances national revenue
by creating artificial scarcity, the wholesaler is enhencing competition
the wholesaler provides technical advice to the retailer
the gap between manufacturers and retailers is reduce byn wholesalers
Correct answer is D
No explanation has been provided for this answer.
N2,740
N 1,350
N1,150
N570
Correct answer is D
No explanation has been provided for this answer.
The difference between total current assets and total current liabilities of a business is known as
quick ratio
liquidity ratio
working capital
circulating capital
Correct answer is C
No explanation has been provided for this answer.
i and ii
i and iii
ii and iii
i, ii and iii
Correct answer is C
No explanation has been provided for this answer.