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Types And Functions Of Warehousing - Commerce Jamb Past Questions and Answers

Commerce Questions And Answers On Types And Functions Of Warehousing
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Commerce Jamb Past Questions


Questions and Answers on Types and functions of warehousing

Question 1 :



Commerce is defined as the study of how

A. Man utilizes the resources in his physical environment
B. Man produces, distributes and consumes his goods and services
C. Man buys, sells and distributes goods and services
D. Raw materials are changed into finished goods


Question 2 :



Goods discharged from ships on which import duties have not been paid are kept in the

A. Ordinary warehouse
B. Public warehouse
C. Private warehouse
D. Bonded warehouse


Question 3 :



A document which entitles its holder to the goods named on it, which is stored in a specific warehouse is called________

A. Debit note
B. Credit note
C. Warrant
D. Shipping note


Question 4 :



Goods discharged from ships on which import duties have not been paid are kept in the

A. Ordinary warehouse
B. Public warehouse
C. Private warehouse
D. Bonded warehouse


Question 5 :



The major types of warehouse are?

A. Manufacturer, bonded, departemental and private
B. Bonded, public, coldroom and private
C. Manufacturer, bonded, public and departmental
D. Wholesaler, manufacturer, public and bonded






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