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One of the functions of commerical banks that cannot be performed by central banks is
The quality of money which makes it possible to buy goods in small quantities is
A country's visible balance of payment is made up of
A retail store that sells a single product from a particular manufacturer is a
Which of the following groups would advocate for the supply of constant electricity to households?
A partner who contributes only his name to the formation of a partnership is
Use the information below to answer questions 13 and 14
| # | |
| Sales | 50,000.00 |
| Debtors | 10,000.00 |
| Cash in hand | 5,000.00 |
| Opening stock | 30,000.00 |
| Creditors | 8,000.00 |
| Purchases | 16,000.00 |
| Overdraft | 12,000.00 |
| Closing stock | 10,000.00 |
Use the information below to answer questions 13 and 14
| # | |
| Sales | 50,000.00 |
| Debtors | 10,000.00 |
| Cash in hand | 5,000.00 |
| Opening stock | 30,000.00 |
| Creditors | 8,000 |
An internal source of finance to an enterpreneur is
Which of the following documents would a shareholder inspect to know his voting rights?
A retail business that sells goods by post, using catalogue is a
Average stock is derived by adding
A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a
Which of the following organizations provide essential goods and services at low cost to citizens?
The resources put together to create goods and services are
The service of a retailer is part of production because it
One of the products of the construction industry is a
The growth of commerce is not enhanced by
The provision of services is classified under
An article used as a means of exchange in the early days of trade in West Africa was