Commerce Past Questions And Answers
2091
The document with which a manufacturing enterprises releases stock Of raw materials to the factory for product is called?
- A. stock releases form
- B. goods received note
- C. stock issues voucher
- D. materials release note
2092
The business organization in which shareholders have equal votes is
- A) sole proprietorship
- B) partnership
- C) co-operative
- D) limited liability
2093
Which of the following is not a reason for forming a customer association?
- A. Protection against poor quality goods
- B. Protection against unscrupulous salesmen
- C. Improving the quality of goods to consumers
- D. Making profit for consumers
2094
A cheque for which payment is refused due to insufficient funds is a
- A. bearer cheque
- B. crossed cheque
- C. dishonored cheque
- D. stale cheque
2095
Berne union is also known as
- A. International Credit Union
- B. International Documentry Credit
- C. International Union of Credit and Investment Insurers
- D. export Credit Guarantee Scheme
2096
A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue
- A. an invoice for #200
- B. a debit note for #2,00
- C. a credit note for #1,800
- D. a debit note for #1,800
2097
In the permanent storage device, DASD means
- A. Data Access Systems Device
- B. Direct Access Systems Device
- C. Data Access Storage Device
- D. Direct Access Storage Device
2098
The cost of advertising a product is ultimately borne by the?
- A. manufacturer
- B. wholesaler
- C. agent
- D. consumer
2099
An author's exclusive right to his published and unpublished works is known as
- A. constitutional right
- B. author's right
- C. copyright
- D. patent right
2100
Which of the following carries the bulk of goods involved in foreign trade?
- A. Cargo planes
- B. Cargo liners
- C. Tramp vessels
- D. Steam ship