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Commerce Past Questions and Answers

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Commerce Questions

Question 1976:

The coming together of firms at different stages of the production process is known as?

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A Horizontal integration
B Vertical integration
C Consortium
D Cartel
E Holding company

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Question 1977:

Who among the following is not a commercial occ?upaation

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A A stoke broker
B An engineer
C A banker
D A common carrier
E An advertising agent

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Question 1978:

The storing of goods under proper conditions until they are required is a function of?

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A Stock taking
B Warehousing
C Stock control
D Merchandising
E Blending

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Question 1979:

30 Rate of turnover is the?

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A Number of times opening stock is sold during a period
B Rate paid by retailers for their stocks
C Rate paid to agents forturning over their stock ata given period
D . number of times the stock is turned over
E Number of times average stock is sold during a period

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Question 1980:

A postal order, either crossed or open is only valid for a period of?

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A 12 months
B 10 months
C 8 months
D 6 months
E 5 months

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