Commerce

The management function of anticipating the future determining the best course action to achieve company objective is?

A. directing B. organizing C. controlling D. planning E. consulting Correct Answer: Option D - planning

5 years ago

Which of the following shows the financial position of a business on a given date?

A. Bank statement B. Balance sheet C. journal D. Cash book E. Trial Balance Correct Answer: Option B - Balance…

5 years ago

Which of the following is not a problem of distribution, sales and merchandizing?

A. Transporting goods B. Trade malpractices C. Pressure of sales D. Sales force complacency E. Easy payment for purchases Correct…

5 years ago

Which of the following is not one of the functions of warehousing?

A. Goods are available where they are required B. Goods are stored until they are required C. Production takes place…

5 years ago

For continuous existence, a service-oriented concern depends on?

A. liquid assets B. middlemen C. patronage of consumers D. legislation of the ruling political party E. staff strength of…

5 years ago

The essence of marketing is?

A. exchange B. sales C. trade D. research E. profit Correct Answer: Option B - sales

5 years ago

Which of the following documents contains the complete information on goods available in the wholesaler’s warehouse? the

A. catalogue B. order C. consignment note D. invoice E. delivery note Correct Answer: Option A - catalogue

5 years ago

Which mode of transport would you suggest as the most suitable for natural gas?

A. Air B. Sea C. Pipeline D. Road E. Canal Correct Answer: Option D - Road

5 years ago

A shipping company’s document detailing the charges for carrying a particular cargo for a specified journey is known as?

A. dock warrant B. freight note C. carriage forward D. weight note E. credit note Correct Answer: Option B -…

5 years ago

Exchange in the international market which does not involve the use of money as a medium is known as?

A. foreign aid B. counter trade C. monetization D. foreign trade E. entrepot trade Correct Answer: Option B - counter…

5 years ago