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Commerce Past Questions and Answers

Commerce Questions

Question 206:
The turnover of firm maybe affected by
  • A The demand for its product
  • B The cost of its goods sold
  • C Its closing stock
  • D Its net assets
View Answer & Explanation
Question 207:
The cost of transporting goods to consumers called
  • A Carried inward
  • B Carried forward
  • C Carried paid
  • D Carried outward
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Question 208:
The main aim of selling directly to consumers by manufactures is to
  • A Dis courage the activities of middlemen
  • B Make contacts with comsumers
  • C Eliminate transportation cost
  • D Maximize the profit margin
View Answer & Explanation
Question 209:
In foreign trade, document of title is known as
  • A Bill of lading
  • B Bill at sight
  • C Certifiate of origin
  • D Declaration form
View Answer & Explanation
Question 210:
Excise duties are paid on goods that are
  • A Imported into the country
  • B Manufactured within the company
  • C Exported to other clonutries
  • D Kept in bond warehouses
View Answer & Explanation