JAMB and WAEC Commerce questions: Documents used in trade

34 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 32 Business management and environment · 32 Commerce and its scope · 31 Communication · 33 Computers and ICT in business · 29 Consumer protection · 30 Documents used in trade · 34 Elements of commercial law · 31 Financing a business · 32 Foreign trade · 40 Forms of business organisation · 40 Home trade: retail and wholesale · 40 Insurance · 39 Money and banking · 40 Occupation and production · 33 The stock exchange · 34 Transport · 33 Warehousing · 28

Question 1· Documents used in trade· JAMB
A delivery note is
Explanation and discussion
Question 2· Documents used in trade· JAMB
A seller sends a debit note to a buyer when the buyer has been
Explanation and discussion
Question 3· Documents used in trade· JAMB
A receipt is evidence that
Explanation and discussion
Question 4· Documents used in trade· WAEC
A debit note is issued to
Explanation and discussion
Question 5· Documents used in trade· WAEC
A statement of account shows
Explanation and discussion
Question 6· Documents used in trade· WAEC
An enquiry is sent by a buyer to
Explanation and discussion
Question 7· Documents used in trade· JAMB
A seller sends a credit note to a buyer when the
Explanation and discussion
Question 8· Documents used in trade· JAMB
The document a seller sends with or after the goods, showing their quantity, prices and the amount due, is
Explanation and discussion
Question 9· Documents used in trade· WAEC
A debit note is issued when the buyer has been
Explanation and discussion
Question 10· Documents used in trade· WAEC
A document from the seller that lists the goods sold and the amount due is
Explanation and discussion
Question 11· Documents used in trade· WAEC
A quotation states
Explanation and discussion
Question 12· Documents used in trade· WAEC
A document from a seller giving the prices and terms of goods available is
Explanation and discussion
Question 13· Documents used in trade· WAEC
A pro forma invoice is often sent
Explanation and discussion
Question 14· Documents used in trade· WAEC
A pro forma invoice is sent
Explanation and discussion
Question 15· Documents used in trade· WAEC
A delivery note accompanies
Explanation and discussion
Question 16· Documents used in trade· WAEC
A statement of account is sent to a customer to
Explanation and discussion
Question 17· Documents used in trade· JAMB
Cash discount is allowed to encourage
Explanation and discussion
Question 18· Documents used in trade· JAMB
An order is sent by a buyer to
Explanation and discussion
Question 19· Documents used in trade· WAEC
A document that summarises transactions between a buyer and seller over a period is a
Explanation and discussion
Question 20· Documents used in trade· JAMB
The letters E. & O.E. on an invoice stand for
Explanation and discussion

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JAMB and WAEC Commerce questions: Documents used in trade

A delivery note is

A seller sends a debit note to a buyer when the buyer has been

A receipt is evidence that

A debit note is issued to

A statement of account shows

An enquiry is sent by a buyer to

A seller sends a credit note to a buyer when the

The document a seller sends with or after the goods, showing their quantity, prices and the amount due, is

A debit note is issued when the buyer has been

A document from the seller that lists the goods sold and the amount due is

A quotation states

A document from a seller giving the prices and terms of goods available is

A pro forma invoice is often sent

A pro forma invoice is sent

A delivery note accompanies

A statement of account is sent to a customer to

Cash discount is allowed to encourage

An order is sent by a buyer to

A document that summarises transactions between a buyer and seller over a period is a

The letters E. & O.E. on an invoice stand for