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