- 1. ____________ is a document issued to the buyer by the seller showing the amount paid for goods bought.
A) Debit
B) Received
C) Credit note
D) Receipt
- 2. __________ is legal proof of payment.
A) Receipt
B) Purchase document
C) Recipient
D) Order form
- 3. There are ______ main types of office documents.
A) three
B) two
C) six
D) four
- 4. _______ are documents used in keeping records of all sales transactions
A) No idea
B) Sales documents
C) Order form documents
D) Receipt documents
- 5. ____________ is mainly divided into trade and aids to trade
A) Production
B) Sales
C) Transport
D) Commerce
- 6. Which of the following involves buying and selling?
A) Communication
B) Banking
C) Trade
D) Tourism
A) Commerce
B) The services that facilitate trade
C) Foreign trade
D) Retail trade
- 8. Trade is subdivided into home trade and
A) Britain trade
B) Ghana trade
C) foreign trade
D) American trade
- 9. Which of the following brings the buyer and seller together.
A) Soccer
B) Trade
C) Transport
D) Tourism
- 10. ______________ is the re- exporting of goods already brought into a country without further processing.
A) Internal trade
B) Export
C) Import
D) Entrepot
- 11. ____________ is the kind of buying and selling between two or more countries.
A) Foreign trade
B) Wholesale trade
C) Retail trade
D) All of the above
- 12. ____________ is the selling of the goods and services to other countries.
A) Export
B) Import
C) Home trade
D) Entrepot
- 13. ____________ involves the movement of people, goods and services to where they are needed.
A) Communication
B) Tourism
C) Advertising
D) Transportation
- 14. _________ is a service provided by media organizations to enable prospective consumers know all about the products.
A) Banking
B) Communication
C) Advertising
D) Tourism
- 15. ____________ is the buying and selling of goods and services on the Internet.
A) E- commerce
B) Z- commerce
C) C- commerce
D) A- commerce
- 16. _____________ is a place place specially prepared to keep goods before they are distributed to various business organizations.
A) An abandoned room
B) Room
C) Warehouse
D) Classroom
- 17. International trade is subdivided into
A) four
B) five
C) three
D) two
- 18. ______________ involves buying in small quantities and selling it in bit or unit to the final consumers
A) Wholesale Trade
B) Producer Trade
C) Consumer Trade
D) Retail Trade
- 19. Automated Teller Machine( ATM) and Point of Sale(POS) machine are examples
A) Storehouse
B) Electronic Commerce
C) Transportation
D) Warehousing
- 20. ______________ is the business of providing services such as transport, accommodation, and entertainment for people who are on holidays
A) Insurance
B) Advertising
C) Communication
D) Tourism
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