Commerce Past Questions And Answers
Which of these management functions involves checking performance against set standards?
- A. Controlling
- B. Coordinating
- C. Planning
- D. Directing
In business, the computer is very important especially in?
- A. financial amnagement
- B. marketing management
- C. educational management
- D. information management
Risk bearing in business organisation is a function of the
- A. manager
- B. employee
- C. entrepreneur
- D. customers
The organized efforts of consumers to protect themselves against the unfair practices of businessmen is?
- A. strike
- B. consumerism
- C. picketing
- D. demonstration
the size of an enterprise is determined by?
- A. number of customers of the enterprise
- B. length of the time the firm has been in operation
- C. amount of capital invested
- D. type of work done
Who among the following comes first in the channel of distribution?
- A. Consumer
- B. Retailer
- C. Consignor
- D. Manufacturer
Which of the following documents would a shareholder inspect to know his voting rights?
- A. Articles of Association
- B. Certificate of Incorporation
- C. Certificate of Trading
- D. Memorandum of Association
The document that explains the types of shares available for sale to the public is
- A. a prospectus
- B. an invoice
- C. closed indent
- D. an open indent
Which of the following businesses can raise capital through the stock exchange?
- A. Sole proprietorship
- B. Private company
- C. Public company
- D. Cooperative society
when an importer has been overcharged for goods supplied, the exporter issues him with a?
- A. debit note
- B. preforma invoice
- C. letter of credit
- D. credit note

