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4641

The collection of import duty is a function of the

  • A. ports authority
  • B. marketing boards
  • C. clearing and forwarding agents
  • D. customs and excise authority
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4642

An error on an invoice may be rectified by issuing

  • A. an advice note
  • B. a credit note
  • C. a consignment note
  • D. a delivery note
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4643

Use the information below to answer questions below

  #
opening stock 4000
closing stock 12000
purchases 17000

What is the average stock?

 

  • A. #10,500
  • B. #8,000
  • C. #6,000
  • D. #8,500
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4644

Use the information below to answer questions below

  #
opening stock 4000
closing stock 12000
purchases

17000

- The cost of goods sold is

  • A. #16,000
  • B. #9,000
  • C. #21,000
  • D. #4,000
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4645

The expected response from the recipient of a quotation is to send

  • A. an invoice
  • B. an order
  • C. a cheque for payment
  • D. an advice note
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