- 1. ____________ is a document issued to the buyer by the seller showing the amount paid for goods bought.
A) Received
B) Receipt
C) Credit note
D) Debit
- 2. __________ is legal proof of payment.
A) Receipt
B) Recipient
C) Order form
D) Purchase document
- 3. There are ______ main types of office documents.
A) two
B) six
C) four
D) three
- 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) Transport
B) Sales
C) Production
D) Commerce
- 6. Which of the following involves buying and selling?
A) Communication
B) Banking
C) Tourism
D) Trade
A) Foreign trade
B) The services that facilitate trade
C) Retail trade
D) Commerce
- 8. Trade is subdivided into home trade and
A) foreign trade
B) Britain trade
C) Ghana trade
D) American trade
- 9. Which of the following brings the buyer and seller together.
A) Trade
B) Tourism
C) Soccer
D) Transport
- 10. ______________ is the re- exporting of goods already brought into a country without further processing.
A) Internal trade
B) Export
C) Entrepot
D) Import
- 11. ____________ is the kind of buying and selling between two or more countries.
A) All of the above
B) Wholesale trade
C) Retail trade
D) Foreign trade
- 12. ____________ is the selling of the goods and services to other countries.
A) Entrepot
B) Import
C) Export
D) Home trade
- 13. ____________ involves the movement of people, goods and services to where they are needed.
A) Tourism
B) Communication
C) Transportation
D) Advertising
- 14. _________ is a service provided by media organizations to enable prospective consumers know all about the products.
A) Banking
B) Communication
C) Tourism
D) Advertising
- 15. ____________ is the buying and selling of goods and services on the Internet.
A) E- commerce
B) C- commerce
C) A- commerce
D) Z- commerce
- 16. _____________ is a place place specially prepared to keep goods before they are distributed to various business organizations.
A) An abandoned room
B) Warehouse
C) Room
D) Classroom
- 17. International trade is subdivided into
A) two
B) five
C) three
D) four
- 18. ______________ involves buying in small quantities and selling it in bit or unit to the final consumers
A) Producer Trade
B) Consumer Trade
C) Wholesale 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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