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