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