Commerce (2016) | Study Mode

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Question 41
A
charge account
B
trading checks
C
trade credit
D
I owe you
Explanation

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Correct option: C
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Question 42
A
defer payment
B
make prompt purchases
C
make advance payment
D
purchase more
Explanation

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Correct option: B
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Question 43
A
public sector
B
skilled labour
C
private sector
D
unskilled labour
Explanation

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Correct option: B
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Question 44
A
an information bank
B
a network
C
a database
D
an intranet site
Explanation

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Correct option: B
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Question 45
A
hire purchase
B
club trading
C
booking -me -down
D
credit trading
Explanation

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Correct option: A
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Question 46
A
bankdraft
B
legal tender
C
token money
D
partial money
Explanation

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Correct option: D
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Question 47
A
reduce the number of unskilled manpower
B
increase the number of skilled manpower
C
prevent liquidation
D
liberalize the market
Explanation

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Correct option: C
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Question 48
A
facilitiate human satisfaction through exchange
B
eliminate trade barriers
C
provide raw materials for manufacturers
D
influence government policies
Explanation

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Correct option: A
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Question 49
A
Prime cost
B
Explicit cost
C
Average cost
D
Implicit cost
Explanation

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Correct option: B

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