Speed is an important factor to be considered for the choice of means of transport where goods are?
A. perishable B. interior C. fragile D. bulky Correct Answer: Option A – perishable
The right of a seller to make corrections on invoices is expressed by the term?
A. errors and omissions excepted B. errors omissions excluded C. errors and omissions exempted D. errors and omissions expected Correct Answer: Option A – errors and omissions excepted
The main function of a bureau-de-change is?
A. buying and selling foreign currency B. buying and selling securities information C. providing trade information D. selling goods and services Correct Answer: Option A – buying and selling foreign currency
The expected response from the recipient of a quotation is to send?
A. an advice note B. a cheque for payment C. an invoice D. an order Correct Answer: Option D – an order
The cost of goods sold is ______?
Use the information below to answer questions 20 and 21. Opening stock 4000 Closing stock 12000 Purchases 17000 A. N4,000 B. N9.000 C. N16.000 D. N21,000 Correct Answer: Option A –...Products
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