- 1. ____________ is a document issued to the buyer by the seller showing the amount paid for goods bought.
A) Receipt
B) Credit note
C) Debit
D) Received
- 2. __________ is legal proof of payment.
A) Recipient
B) Purchase document
C) Receipt
D) Order form
- 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) Commerce
B) Sales
C) Transport
D) Production
- 6. Which of the following involves buying and selling?
A) Banking
B) Communication
C) Trade
D) Tourism
A) Commerce
B) Retail trade
C) Foreign trade
D) The services that facilitate trade
- 8. Trade is subdivided into home trade and
A) Ghana trade
B) foreign trade
C) American trade
D) Britain trade
- 9. Which of the following brings the buyer and seller together.
A) Soccer
B) Transport
C) Trade
D) Tourism
- 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) Foreign trade
C) Retail trade
D) All of the above
- 12. ____________ is the selling of the goods and services to other countries.
A) Home trade
B) Export
C) Entrepot
D) Import
- 13. ____________ involves the movement of people, goods and services to where they are needed.
A) Advertising
B) Transportation
C) Tourism
D) Communication
- 14. _________ is a service provided by media organizations to enable prospective consumers know all about the products.
A) Advertising
B) Banking
C) Tourism
D) Communication
- 15. ____________ is the buying and selling of goods and services on the Internet.
A) C- commerce
B) Z- 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) 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) Producer Trade
B) Consumer Trade
C) Wholesale Trade
D) Retail Trade
- 19. Automated Teller Machine( ATM) and Point of Sale(POS) machine are examples
A) Electronic Commerce
B) Warehousing
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) Insurance
C) Communication
D) Advertising
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