Commerce

Funds used for paying wages; salaries and payments for raw materials are categorized under?

A. liquid capital B. circulating capital C. fixed capital D. nominal capital Correct Answer: Option B - circulating capital Explanation…

5 years ago

A document that serves as an instrument for preferential tariff is referred to as?

A. an indent B. a certificate of origin C. a consular invoice D. an advice note Correct Answer: Option B…

5 years ago

The buying and selling of goods and services is referred to as?

A. trading B. marketing C. insurance D. advertising Correct Answer: Option A - trading Explanation Trade is a basic economic…

5 years ago

One of the duties of the employer to his employee is to?

A. delegate his duties to other staff B. charge the employee on the use of equipment C. serve faithfully and…

5 years ago

The act of interpreting ideas within an organization is?

A. motivating B. organizing C. planning D. communicating Correct Answer: Option D - communicating

5 years ago

The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as?

A. current account B. monetary movement account C. capital account D. social-welfare account Correct Answer: Option B - monetary movement…

5 years ago

Avast is an example of?

A. a web browser B. a search engine C. an antivirus D. a spreadsheet Correct Answer: Option C - an…

5 years ago

Commission on turnover is usually a benefit accruable to the?

A. drawer B. drawee C. payer D. payee Correct Answer: Option D - payee

5 years ago

The type of wholesaler that combines selling; delivery and collection in one operation is?

A. specialist wholesaler B. rack jobber C. drop shipment D. truck wholesaler Correct Answer: Option D - truck wholesaler

5 years ago