POB MCQ #2 (2)
Quiz by Carla Walcott
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29 questions
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- Q1A country has a favourable balance of trade whenthere are no restrictions to tradeit imports more than it exportsimported goods are cheaperIt exports more than it imports30s
- Q2A company wishes to introduce a new breakfast cereal aimed particularly at small children. Which techniques of advertising are LIKELY to make the children ask their parents to buy the cereal (see attached image) ?I, III and IV onlyIII, IV and II onlyI, II and III onlyIV, II and I only30s
- Q3Which of the following activities carried out in a firm will NOT be under the supervision of the marketing manager?PurchasingAdvertisingDistributionPackaging30s
- Q4Which of the following is an example of a cottage industry?A car parts business operated from homeA plant nursery run from homeMaking cabbage baskets at home for saleA hire -care business run from home30s
- Q5Which of the following is responsible for 'breaking bulk'?ManufacturerWholesalerRetailerConsumer30s
- Q6Before the exporter B sent goods to importer A he insured the consignment and paid the captain of the vessel the charge for carriage. Goods were shippedf.o.b.f.a.s.c.o.d.c.i.f.30s
- Q7If an exporter quotes prices CIF, it means that theexporter pays the freightimporter pays the freightimporter pays insurance and freightexporter pays insurance and freight30s
- Q8If you were not sure of a customer's ability to pay for an order by which of the following means would you request payment (see attached image above) ?I and IV onlyI, II and III onlyIII, II, I and IVII and III only30s
- Q9(See the attached image above) The document above may be described aspromissory notean order chequebearer's chequebill of exchange30s
- Q10(See the attached image above) Mr. Fray, in the document is referred to as thepayeeendorseeprayerdrawee30s
- Q11Tom invests his savings by buying shares in a company. From this investment Tom expects to receivedividendsprofitsrevenueinterest30s
- Q12A court order requiring an employer to deduct money from an employee for payment of his debts is known asgarnishmentrevenuewithdrawaldemand30s
- Q13Which of the following types of insurance is a government likely to require each employed individual to pay?Car InsuranceNational InsuranceLiability InsuranceLife Insurance30s
- Q14Which of the following is the MOST important use of collateral security to the borrower?It improves the borrower's chance of getting a loanIt gives the banker an idea of the state of the businessIt can be sold if the borrower fails to payIt establishes the financial position of the borrower30s
- Q15Tax paid on wages and salariesExcise dutyCorporation TaxIncome TaxCustoms duty30s
