Commerce Quiz

verity.le-grand
Quiz by verity.le-grand, updated more than 1 year ago
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Commerce revision
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Resource summary

Question 1

Question
What is the most practical and efficient mode of transport to get overseas?
Answer
  • Train
  • Bus
  • Plane
  • Boat

Question 2

Question
What is an itinerary?
Answer
  • To keep track of the money you spend
  • A holiday plan with specific times and locations of places you wish to visit
  • A list of all the items you bring

Question 3

Question
All holidays need to be made through a travel agent.
Answer
  • True
  • False

Question 4

Question
What are some peoples reasons for travel?
Answer
  • Personal
  • Family catch ups
  • Business trips
  • All of the above

Question 5

Question
What is an exchange rate?
Answer
  • The worth of your money in another country
  • How much you spend on your holiday
  • A document like a visa

Question 6

Question
What is meant by the term 'income'?
Answer
  • An income is money received on a regular basis from work or personal business
  • The money you own
  • The fare you pay when you enter the bus

Question 7

Question
What is a fixed expense?
Answer
  • Money that you spend on things like rent, mortgage and insurance that you pay regularly.
  • Money that you spend

Question 8

Question
What is a variable expense?
Answer
  • Money that you spend on things like phones, computers and shoes.
  • Money that you spend on anything you want.
  • All of the above.
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