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Commerce Past Questions and Answers

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Commerce Questions

Question 2151:

A statement of account is a

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A Summary of goods sold to a customer for a particular item
B Note to inform the customer of an addition to his business transaction
C Standard letter sent to customers who have not settled their bills
D Statement of acceptance of credit facilities to a customer
E Summary of a customer's transactions over a given period

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Question 2152:

Management is

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A Getting things done through other people
B The implementation of business decision
C The number of levels in an organisation
D Made up the general manager and the employees
E Making goods available in places where they are needed

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Question 2153:

The sum of money the assurer is prepared to pay the assured in total discharge of a contract before its maturity is

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A Dividend
B Premium
C Annuity
D Surrender value
E Interest

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Question 2154:

Which of the following services is not rendered by NIPOST

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A Express delivery
B Recorded delivery
C Parcel post
D Telephone
E Cash delivery

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Question 2155:

Which of the following functions may not be performed by a whole saler?

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A Transporting
B Warehousing
C Financing
D Branding
E Manufacturing

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