- 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) Recipient D) Receipt
- 3. There are ______ main types of office documents.
A) three B) two C) four D) six
- 4. _______ are documents used in keeping records of all sales transactions
A) Sales documents B) No idea C) Receipt documents D) Order form documents
- 5. ____________ is mainly divided into trade and aids to trade
A) Transport B) Production C) Commerce D) Sales
- 6. Which of the following involves buying and selling?
A) Communication B) Tourism C) Trade D) Banking
A) Foreign trade B) Commerce C) Retail trade D) The services that facilitate trade
- 8. Trade is subdivided into home trade and
A) Ghana trade B) foreign trade C) Britain trade D) American trade
- 9. Which of the following brings the buyer and seller together.
A) Transport B) Soccer C) Tourism D) Trade
- 10. ______________ is the re- exporting of goods already brought into a country without further processing.
A) Export B) Import C) Entrepot D) Internal trade
- 11. ____________ is the kind of buying and selling between two or more countries.
A) Retail trade B) Foreign trade C) Wholesale trade D) All of the above
- 12. ____________ is the selling of the goods and services to other countries.
A) Export B) Home trade C) Import D) Entrepot
- 13. ____________ involves the movement of people, goods and services to where they are needed.
A) Communication B) Advertising C) Tourism D) Transportation
- 14. _________ is a service provided by media organizations to enable prospective consumers know all about the products.
A) Advertising B) Tourism C) Banking D) Communication
- 15. ____________ is the buying and selling of goods and services on the Internet.
A) Z- commerce B) C- commerce C) A- commerce D) E- commerce
- 16. _____________ is a place place specially prepared to keep goods before they are distributed to various business organizations.
A) Room B) Classroom C) Warehouse D) An abandoned room
- 17. International trade is subdivided into
A) four B) three C) five D) two
- 18. ______________ involves buying in small quantities and selling it in bit or unit to the final consumers
A) Wholesale Trade B) Consumer Trade C) Producer 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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