The form of trade practised by the early men was characterized by?
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(C)
exchange of goods for goods
2
Which of the following is an advantage of indigenization?
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(C)
Fosters self-reliance
3
Farming is an activity that falls under?
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(C)
extractive occupation
4
Which of the following coordinates other factors of production to achieve set objectives?
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(C)
Enterprenuer
5
Production is defined as?
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(B)
creation of utility
6
An advantage of a public limited company over a private one is the?
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(B)
easy transferability of shares
7
The distribution of profits based upon the level of patronage in the business is a common feature of?
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(C)
co-operative societies
8
The fee which the bank charges for services rendered to their current account customers is?
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(D)
interest
9
The fee which the bank charges for services rendered to their current account customers is?
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(D)
interest
10
Which of the following would not affect the form of a business unit?
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(B)
The type of business
11
Partnership form of business is most appropriate?
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(D)
where the liability of members is limited
12
The nominal value of a share is the same as its?
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(D)
face value
13
The nominal value of a share is the same as its?
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(D)
face value
14
Which of the following is an intangible assets of a firm?
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(A)
Goodwill
15
The net profit of a business is determined by?
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(D)
deducting all expenses from gross profit and other income
16
An organization formed mainly by traders on the same line of business is known as?
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(C)
trade association
17
A bank's undertaking to pay an exporter on behalf of an importer is a?
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(D)
bill of exchange
18
Who among the following cannot be regarded as an itinerant trader?
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(A)
Gypsy
19
Who among the following cannot be regarded as an itinerant trader?
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(A)
Gypsy
20
Which of the following will not be considered in choosing a channel of distribution?
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(D)
Quality of product
21
A manufacturer of goods that are seasonally will be in dire need of a?
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(C)
warehouse
22
A manufacturer of goods that are seasonally will be in dire need of a?
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(C)
warehouse
23
Which of the following is a feature peculiar to multiple shops?
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(B)
Self service
24
Which of the following is a feature peculiar to multiple shops?
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(B)
Self service
25
Terms of trade is the?
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(B)
rate at which a country's exports exchange for its imports
26
Which of the following encourages trade between regions?
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(D)
Differences in natural resources
27
Which of the following is not suitable for fire purchase?
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(A)
Textiles
28
The form of trade practiced by the early men was characterized by
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(C)
exchange of goods for goods
29
Which of the following is an advantage of indigenization ?
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(D)
Leads to monopoly of power
30
Farming is an activity that falls under?
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(C)
extractive occupation
31
Which of the following coordinates other factors of production to achieve set objectives?
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(B)
Labour
32
Production is defined as
Отвечать
(B)
creation of utility
33
An advantage of a public limited company over a private one is the
Отвечать
(A)
limited liability of share holders
34
The distribution of profits based upon the level of patronage in the business is a common feature of
Отвечать
(C)
co-operative societies
35
The fee which the bank charges for services rendered to their current account customers is
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(C)
minimum lending rate
36
Which of the following would not affect the form of a business unit
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(B)
the type of business
37
Partnership form of business is most appropriate
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(C)
where very large capital is required
38
Partnership form of business is most appropriate
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(C)
where very large capital is required
39
The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each.
The Board of Directors decided to issue 50% of it for subscription by the public.
The authorized share capital is
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(B)
#200,000
40
The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each.
The Board of Directors decided to issue 50% of it for subscription by the public.
The reserved capital is
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(A)
#300,000
41
The nominal value of a share is same as its
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(D)
face value
42
Which of the following is an intangible asset of a firm
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(C)
Skilled personnel
43
The net profit of a business is determined by
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(D)
deducting all expenses from gross profit and other income
44
An organization formed mainly by traders on the same line of business is known as
Отвечать
(B)
cooperative society
45
A bank's undertaking to pay an exporter on behalf of an importer is a
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(B)
letter of credit
46
Who among the following cannot be regarded as an itinerant trader
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(D)
Stall owner
47
Which of the following will not be considered in choosing a channel of distribution?
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(D)
Quality of product
48
A manufacturer of goods that are seasonally demanded will be in dire need of a
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(B)
suitable means of transport
49
Which of the following is a feature peculiar multiple shops?
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(C)
Central Buying
50
Terms of trade is the
Отвечать
(B)
rate at which a country's exports exchange for its imports
51
Which of the following encourages trade between regions?
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(D)
Differences in natural resources
52
Which of the following is not suitable for hire purchase?
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(A)
Textiles
53
A seller quoting his goods loco price means that
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(D)
the price includes cost, insurance and freight
54
Which of the following is the correct sequence in which the following documents are used?
