- 1. ____________ is a document issued to the buyer by the seller showing the amount paid for goods bought.
A) Debit
B) Credit note
C) Receipt
D) Received
- 2. __________ is legal proof of payment.
A) Purchase document
B) Order form
C) Recipient
D) Receipt
- 3. There are ______ main types of office documents.
A) two
B) four
C) three
D) six
- 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) Transport
B) Sales
C) Production
D) Commerce
- 6. Which of the following involves buying and selling?
A) Banking
B) Tourism
C) Trade
D) Communication
A) Retail trade
B) Commerce
C) The services that facilitate trade
D) Foreign trade
- 8. Trade is subdivided into home trade and
A) Ghana trade
B) American trade
C) Britain trade
D) foreign trade
- 9. Which of the following brings the buyer and seller together.
A) Transport
B) Trade
C) Tourism
D) Soccer
- 10. ______________ is the re- exporting of goods already brought into a country without further processing.
A) Entrepot
B) Internal trade
C) Export
D) Import
- 11. ____________ is the kind of buying and selling between two or more countries.
A) Retail trade
B) All of the above
C) Wholesale trade
D) Foreign trade
- 12. ____________ is the selling of the goods and services to other countries.
A) Import
B) Entrepot
C) Home trade
D) Export
- 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) Banking
B) Tourism
C) Advertising
D) Communication
- 15. ____________ is the buying and selling of goods and services on the Internet.
A) A- commerce
B) E- 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) Classroom
B) An abandoned room
C) Room
D) Warehouse
- 17. International trade is subdivided into
A) five
B) three
C) four
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) Retail Trade
D) Producer Trade
- 19. Automated Teller Machine( ATM) and Point of Sale(POS) machine are examples
A) Warehousing
B) Transportation
C) Electronic Commerce
D) Storehouse
- 20. ______________ is the business of providing services such as transport, accommodation, and entertainment for people who are on holidays
A) Advertising
B) Insurance
C) Communication
D) Tourism
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