Question 27
Question 27 of 40
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
1. Commerce and productio...
1.1.2. Aids to trade and logistics

the types of aids to trade: communications, transport, warehousing, advertising, banking and insurance

2. Commercial operations
2.4. Wholesaling

the functions and services provided by the wholesaler

5. Aids to trade that sup...
5.2. Banking

the different types of banking services: accounts: current and deposit/savings customer services: ATM, night safe, foreign currency, financial advice and telephone banking payments: cash, cheque, credit card, debit card, store card, credit transfer, standing order, direct debit, electronic transfer and documentary credit (letter of credit) sources of finance: loan, overdraft, mortgage and hire purchase