Ships that sail across the ocean and operate on scheduled time tables are?
A. ferries B. ocean liners C. tramp steamers D. coastal liners Correct Answer: Option B – ocean liners
Calculate the rate of turnover from the information below?
Given: Sales………………………N15 000 Opening stock……………….N5 600 Purchases…………………..N9 700 Closing...
One advantage of a crossed cheque is that it can?
A. only be paid into a savings account B. be cashed over the bank’s counter C. only be paid into the owner’s account D. be cashed by anyone Correct Answer: Option C – only be paid into the owner’s account
A good financial instrument which serves as a hedge against inflation is?
A. a bond B. a share C. an opion D. a warrant Correct Answer: Option A – a bondProducts
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