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