A) Before goods are taken B) When the buyer wishes C) After an agreed period D) Immediately after delivery
A) Cash sales B) Deferred payment C) Discounting D) Barter
A) Retailer B) Agent C) Debtor D) Creditor
A) Faster turnover B) Risk of bad debts C) High profit D) Loss of goods
A) After signing the agreement B) Immediately C) Before any payment D) After final payment
A) Lessor B) Lessee C) Hirer D) Mortgagor
A) Personal property B) Shares C) Insurance D) Land or building
A) Lessee B) Mortgagor C) Mortgagee D) Hirer
A) Contact address of buyer only B) Selling price only C) Salary of the buyer D) Cash price and instalment price
A) Operating B) Finance C) Full-service D) Closed
A) Receipt B) Invoice C) Quotation D) Debit note
A) Credit note B) Debit note C) Invoice D) Consignment note
A) Invoice B) Order C) Statement D) Receipt
A) Invoice B) Quotation C) Receipt D) Credit note
A) Order form B) Invoice C) Delivery note D) Statement
A) Free on Board B) Free of Business C) Foreign Order Book D) Freight on Bond
A) Freight B) Filing C) Feeder D) Finance
A) Cash discount B) Trade discount C) Seasonal discount D) Quantity discount
A) Conditions of buying and selling B) How money is exchanged C) Means of transporting goods D) How profits are shared
A) Postal order B) Voucher C) Cheque D) Credit card
A) Cheque B) Money order C) Bank draft D) Quotation
A) Postal card B) Debit card C) Processing card D) Address card
A) Money order B) Cheque C) Open cheque D) Postal order
A) Producer B) Retailer C) Wholesaler D) Consumer
A) NAFDAC B) NDLEA C) SON D) EFCC
A) Consumer associations B) Trade unions C) Manufacturers D) Internal auditors
A) Safety B) Overcharging C) High prices D) Deception
A) Suppliers B) Debtors C) Directors D) Shareholders
A) Receipts B) Invoice C) Trade note D) Memorandum of Association
A) Government firm B) Private limited company C) Public limited company D) Partnership |