AIC Exam Business Studies JS 2 for 2nd Term 2022/23
  • 1. ____________ is a document issued to the buyer by the seller showing the amount paid for goods bought.
A) Credit note
B) Received
C) Receipt
D) Debit
  • 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) four
B) three
C) two
D) six
  • 4. _______ are documents used in keeping records of all sales transactions
A) Order form documents
B) Receipt documents
C) No idea
D) Sales documents
  • 5. ____________ is mainly divided into trade and aids to trade
A) Sales
B) Transport
C) Commerce
D) Production
  • 6. Which of the following involves buying and selling?
A) Communication
B) Tourism
C) Banking
D) Trade
  • 7. Aids to trade means
A) Commerce
B) Retail trade
C) Foreign trade
D) The services that facilitate trade
  • 8. Trade is subdivided into home trade and
A) American trade
B) foreign trade
C) Britain trade
D) Ghana trade
  • 9. Which of the following brings the buyer and seller together.
A) Soccer
B) Transport
C) Tourism
D) Trade
  • 10. ______________ is the re- exporting of goods already brought into a country without further processing.
A) Entrepot
B) Export
C) Import
D) Internal trade
  • 11. ____________ is the kind of buying and selling between two or more countries.
A) Retail trade
B) Wholesale trade
C) Foreign trade
D) All of the above
  • 12. ____________ is the selling of the goods and services to other countries.
A) Export
B) Entrepot
C) Import
D) Home trade
  • 13. ____________ involves the movement of people, goods and services to where they are needed.
A) Transportation
B) Tourism
C) Advertising
D) Communication
  • 14. _________ is a service provided by media organizations to enable prospective consumers know all about the products.
A) Tourism
B) Communication
C) Advertising
D) Banking
  • 15. ____________ is the buying and selling of goods and services on the Internet.
A) E- commerce
B) A- commerce
C) Z- commerce
D) C- 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) Retail Trade
B) Wholesale Trade
C) Producer Trade
D) Consumer Trade
  • 19. Automated Teller Machine( ATM) and Point of Sale(POS) machine are examples
A) Transportation
B) Storehouse
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) Communication
B) Advertising
C) Insurance
D) Tourism
Students who took this test also took :

Created with That Quiz — the math test generation site with resources for other subject areas.