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