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4406

Which of the following is NOT part of Pre-Sales Service/ice?

  • A. granting of credit or hire purchase sales facilities
  • B. assisting the prospective buyer to set up facilities for storage
  • C. dispatching of quotation and price list
  • D. providing detailed information about goods to be purchased
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4407

Which of the following does a seller send in reply to a letter of inquiry?

  • A. quotation
  • B. credit note
  • C. debit note
  • D. delivery note
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4408

The sum which the insured pays periodically to his insurance company is called

  • A. a commission
  • B. an indemnity
  • C. a policy
  • D. a premium
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4409

The main objective of nationalization of industries is to

  • A. prevent existing firms from liquidation
  • B. Make more profit for the government
  • C. prevent all aliens from taking part in the business activities of a country
  • D. bring an Industry under state ownership and control
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4410

Closing stock is also known as

  • A. stock at close
  • B. balance brought forward
  • C. opening inventory
  • D. stock at beginning
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