(A) exporter
(B) importer
(C) buying agent
(D) bank
Category: Commerce Mcqs
Which from the following risk is non-insurable?
(A) faulty raw material
(B) poor management
(C) factory fire
(D) vehicle accident
At which stage the production is completed?
(A) when product is manufactured
(B) when product is used by the consumer
(C) when product reach the consumer
(D) when product reach the retailer
Which of the following is not a function of a warehouse?
(A) Facilitate the distribution
(B) Stockpiling
(C) Manufacture goods
(D) Provide storage
Which of the following is an example of a credit sale?
(A) buying furniture with a debit card
(B) exchanging a mobile with a new one
(C) leasing land for one year
(D) buying a car with a deposit and installments
Which source of financing is not available to a sole proprietor and a partnership?
(A) bank loan
(B) retained profit
(C) trade credit
(D) share issue
Which of the following product is likely to be produced using division of labour?
(A) Mud sculpture
(B) Oil painting
(C) Ceiling fan
(D) A cup of coffee
What was the Balance of Payments in million dollars for this country?
International Trade figures in million dollars of a country are given below:
Value of goods exported: 100
Value of goods imported: 120
Spending by citizens on foreign travel: 30
Services provided to foreign visitors: 10
(A) $20 million
(B) $40 million
(C) –$20 million
(D) –$40 million
The communication of acceptance is completed on
A company sent a job offer letter to a candidate. The candidate sent the acceptance letter on 2 May 2020 and the company received the letter on 4 May 2020. The communication of acceptance is completed on
(A) 2 May 2020
(B) 4 May 2020
(C) 3 May 2020
(D) 2 or 4 May 2020
The communication of offer is completed on
A company sent a job offer letter to a candidate on 2 May 2020. The candidate received the letter on 4 May 2020. The communication of offer is completed on
(A) 2 May 2020
(B) 4 May 2020
(C) 3 May 2020
(D) 2 or 4 May 2020