What does EFTPOS stand for?

Commerce - Year 9

Quiz
•
Other
•
9th Grade
•
Medium
analiese mai
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14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
economic funds to position of sale
economic funds transfer point of sale
electronic funds transfer point of sale
electronic funds to point of sale
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement is true concerning needs and wants in Commerce?
Wants are necessary for survival
Needs are not necessary for survival but things that we would like to have
Wants are things we would like to have, needs are necessary for survival
Wants are money received on a regular basis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following represents the traditional distribution chain for goods and services?
Retailer > customer > wholesaler > manufacturer
Wholesaler > manufacturer > retailer > customer
Manufacturer > wholesaler > retailer > customer
Manufacturer > retailer > wholesaler > customer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of a non retail store?
Convenience store
Department store
Supermarkets
Vending machines
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is the drawer on a cheque?
The person at the bank that draws the money from one bank account to another
The person who writes and signs the check
The person who receives the money
The bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following payment methods involve interest costs for the buyer?
Cash
Cheque
Lay-By
Credit card
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Before coins and notes were used, what was the system of exchange called?
Bibs
Bananas
Barter
Buter
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