The quality of money that describe its uniformity is
recognizability
durability
portability
homogeneity
Correct answer is D
This is the attribute of money having same composition throughout the country.
The government agency involved in issuing of export licences is _______?
Nigeria Export Processing Zone
Nigeria Export Promotion council
Nigeria Port Authority
Customs and Excise Authority
Correct answer is B
Export licence is the control document issued by a government agency to monitor the export of sensitive products, prohibited materials (drugs, genetically modified plants) or goods in short supply in the home market.
Is the body responsible for issuing export licences for agricultural and manufactured goods.
The fees charged on postal order by the post office is _____?
interest
brokerage
poundage
premium
Correct answer is C
This is a small fee charged by the post office for sending money through mail. The poundage is paid by the purchaser.
When a buyer has been overcharged for goods supplied, the seller issues a _______?
debit note
proforma invoice
letter of credit
credit note
Correct answer is D
A seller receives goods (returned) from the buyer, he prepares and sends a credit note as an intimation to the buyer, showing that the money for the related goods is being returned in form of a credit note