Commerce

Which of the following is sent when credit is not allowed?

A. Debit note B. Proforma invoice C. Credit note D. Statement E. Advice note Correct Answer: Option B - Proforma…

5 years ago

ln which of the following environments does a firm that uses out-dated equipment operate?

A. Economic B. Technological C. Social D. Political E. Legal Correct Answer: Option A - Economic

5 years ago

Which of the following is not an aim of advertising?

A. drive away smaller firms B. satisfy consumers C. help firms compete with others D. make one’s product known E.…

5 years ago

Which of the following is responsible for the welfare of staff in an organization?

A. Accounts Department B. Accounts Department C. Personnel Department D. Sales Department E. Public Relations Correct Answer: Option C -…

5 years ago

Which of the following is not a function of management?

A. Staffing B. Planning C. Organizing D. Directing E. Distributing Correct Answer: Option E - Distributing

5 years ago

Which of the following gives a temporary protection to the insured while the policy is being drawn up?

A. Proposal form B. Cover note C. Endorsement D. Ex-qratia payment E. Certificate Correct Answer: Option B - Cover note

5 years ago

A stock exchange is a market for?

A. old stocks of goods' B. capital goods only C. raising new shares D. existing shares of quoted companies E.…

5 years ago

Which of the following carries the bulk of goods involved in foreign trade?

A. Cargo planes B. Cargo liners C. Tramp vessels D. Steam ship E. Tankers Correct Answer: Option C - Tramp…

5 years ago

Which of the following is an example of a commercial occupation?

A. Wrestling B. Welding C. Shipping D. Brick laying E. Tailoring Correct Answer: Option C - Shipping

5 years ago

An establishment that specializes in taking care of risks is called?

A. a hire-purchase company B. an accepting house C. an insurance company D. a finance company E. a confirming house…

5 years ago