Commerce

Tourism can be classified as?

A. intangible import B. visible export C. intangible export D. invisible export Correct Answer: Option D - visible export

4 years ago

Determine the owner’s equity?

A. N 38 000 000 B. N 20 000 000 C. N 42 000 000 D. N 25 000 000…

4 years ago

The scope of economic activities can be enlarged by?

A. transportation and trading B. business and its promotion C. trading and aids to trade D. insurance and banking Correct…

4 years ago

Which of the following best describes inputs for any production activity?

A. Natural resources B. Business resources C. Human resources D. Material resources Correct Answer: Option A - Natural resources

4 years ago

A credit instrument which also serves as a legal tender is?

A. cheque B. paper money C. voucher D. money order Correct Answer: Option B - paper money

4 years ago

A new company requiring a large amount of equity finance may source funds from the?

A. capital market B. central bank C. money market D. commercial banks Correct Answer: Option D - commercial banks

4 years ago

The selling of new shares to exist shareholders is referred to as?

A. public issue B. offer for sale C. rights issue D. bonus issue Correct Answer: Option C - rights issue

4 years ago

The central bank controls the quantity of money in circulation through?

A. open-market operations B. decreasing the tax rate C. issuing new currencies D. increasing the tax rate Correct Answer: Option…

4 years ago

Which of the is a risk-free security?

A. Preference share B. Ordinary share C. Treasury bill D. Debenture Correct Answer: Option C - Treasury bill

4 years ago

The difference between the buying and selling price of shares is known as?

A. brokerage B. margin C. jobber's turn D. gross profit Correct Answer: Option C - jobber's turn

4 years ago