Search Header Logo

Methods

Authored by Iza Delakowicz

English

University

Used 13+ times

Methods
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most secure payment method for the exporter?

open account

letter of credit

advance payment

bills for collection

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the least secure payment method for the exporter?

open account

letter of credit

advance payment

bills for collection

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are shipping documents?

bills of exchange

bills of lading

proforma invoices

receipts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a D/A transaction?

documents against payment transaction

documents against acceptance transaction

delivered at place transaction

term draft transaction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a D/P transaction?

sight bill transaction

documents against payment transaction

documents against acceptance transaction

delivered at address transaction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The issuing bank

is the exporter's bank

is the advising bank

is the importer's bank

is the confirming bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The confirming bank

pays the importer

pays the exporter

issues the letter of credit

accepts the letter of credit

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?