Post Utme Commerce Questions
Question 51:
One major importance of communication in commerce is:
- A Prevention of trade activities
- B Elimination of consumer needs
- C Reduction of industrial output
- D Transmission of business information
View Answer & ExplanationQuestion 52:
Containerization mainly helps transportation through:
- A Prevention of goods movement
- B Easier handling of cargo
- C Elimination of transport charges
- D Reduction of product demand
View Answer & ExplanationQuestion 53:
A trial balance is prepared mainly to:
- A Calculate customs duties directly
- B Test arithmetic accuracy entries
- C Determine transport expenses only
- D Estimate warehouse capacities
View Answer & ExplanationQuestion 54:
A bear market is commonly associated with:
- A Continuous fall in prices
- B Shortage of market securities
- C Rapid increase in demand
- D Expansion of production levels
View Answer & ExplanationQuestion 55:
Which of the following is mainly associated with sales promotion?
- A Free product samples distribution
- B Registration of business names
- C Transportation of export goods
- D Preparation of annual accounts
View Answer & Explanation