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