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