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Wednesday, 08 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3316:
The various rights attached to different classes of shares are stated in the
  • A Articles of association
  • B Memorandum of association
  • C Balance sheet
  • D Prospectus
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Question 3317:
Which of the following is a feature of supermarkets?
  • A Gives credit to reliable customers
  • B Specializes in one line of product
  • C Goods are on display with price tags
  • D Does not have to provide storage facilities
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Question 3318:
Public enterprises are financed mainly by
  • A The shareholders
  • B Commercial banks
  • C Government grants
  • D Mortgage banks
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Question 3319:
A personal computer on sale in an office equipment shop is an example of
  • A Stock
  • B Fixed asset
  • C Liability
  • D Fixed capital
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Question 3320:
The difference between current assets and current liabilities is
  • A Issued capital
  • B Capital employed
  • C Working capital
  • D Nominal capital
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