43
Which of the following is used for temporary storage of data on a computer?
- A. RAM
- B. ROM
- C. Floppy disk
- D. flash drive
44
The winding up of a firm by a resolution of its shareholders is an example of
- A. voluntary liquidation
- B. bankruptcy
- C. recession
- D. involuntary liquidation
45
Ordianry warehouse is usually owned and used by
- A. government
- B. agents
- C. retailers
- D. wholesalers
46
The function of money that is mostly affected by inflation is
- A. store of value
- B. medium of exchange
- C. measure of value
- D. unit of account
47
The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix is referred to as
- A. concentration segmentation
- B. market concept
- C. consumer orientation
- D. market penetration
48
The cost which is incurred asa result of failure to load or unload a ship at the ports within a specified period is referred to as
- A. demurrage charges
- B. premium charges
- C. excess charges
- D. trade charges