Commerce

The transmission of telephone services from one country to another is facilitated by?

A. communication satelite B. international facility C. interconnectivity D. internet services Correct Answer: Option A - communication satelite

4 years ago

In which of the following will the numbers of words used determine the cost of the message sent?

A. Telephone B. Telegram C. E-mail D. Telex Correct Answer: Option B - Telegram

4 years ago

The central bank differs from commercial banks because it?

A. renders service to customers B. carries out foreign exchange transactions C. issues currencies D. discount bills Correct Answer: Option…

4 years ago

One of the facilities enjoyed by a current account holder is?

A. a dividend B. a bonus C. an overdraft D. interest on deposits Correct Answer: Option C - an overdraft

4 years ago

A collective term for advertising; personal selling and publicity is?

A. exhibition B. promotion C. trade fair D. merchandizing Correct Answer: Option A - exhibition

4 years ago

Billboards and posters are forms of?

A. electronic media B. print media C. outdoor media D. window display media Correct Answer: Option C - outdoor media

4 years ago

A cheque which a bank draws on its own funds is a?

A. bankdraft B. cashier's cheque C. bank cheque D. crossed cheque Correct Answer: Option A - bankdraft Explanation A bank…

4 years ago

If a buyer is given 12.5% discount on N50 000 worth of goods; how much will he pay?

A. N56 250 B. N43 750 C. N43 250 D. N6250 Correct Answer: Option B - N43 750

4 years ago

The term free on board means that the price includes?

A. costs and insurance only B. costs and freight only C. freight and insurance only D. costs, insurance and freight…

4 years ago

The most commonly used commercial documents are?

A. order notes, debit notes, invoices and quotations B. letters of enquiry, consignment notes, receipts and invoices C. credit notes,…

4 years ago