Commerce Past QuestionsQuestion 4206:Which of the following arrangements for the conveyance of goods abroad? A. Ports Authority B. Customs and Excise Authority C. Airport Authority D. Export Promotion Council Question 4207:The difference between the cost of goods sold and the sales value is known as ____________ A. Net profit B. Net loss C. Gross profit or loss D. Surplus Question 4208:One advantage of small scale retail outlets is A. Availability of self service facilities B. Ability to buy in bulk C. Easy acess to large amount of capital D. Personal attention to customers Question 4209:A discount deducted from the invoice price of goods to enable the retailer to make profit A. Cash discount B. Functional discount C. Trade discount D. Seasonal discount Question 4210:A document issued by the seller's own courier and signed by the customer to acknowledge receipt of the goods is A. Advice note B. Consignment note C. Delivery note D. Freight note |
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