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