Commerce Past Questions

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50 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

50 questions
Question 1 of 20 50 total questions
Question 1
jamb 2009

What is Ojo's working capital?

AN 2150
BN 1950
CN1800
DN 1150
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Question 2
jamb 2009

10% IS CHARGED ON DEPRECIATION OF FIXED ASSETS

Determine the value of Ojo's fixed assets

AN 14450
BN13450
CN13005
DN12005
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Question 3
jamb 2009

A firm that disposes its wastes properly is discharging its?

Acommunity responsibility
Bevironmental responsibility
Ccivic responsibility
Dsocial responsibility
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Question 4
jamb 2009

The economic environment of a business is concerned with?

Aclimate conditions
Bchanging values
Cthe growth rate
Dthe interest rate
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Question 5
jamb 2009

A customer with XYZ Plc sent money through his account to his sister's account in another branch.
This is an example of?

Ae-business
Be-commerce
Ce-finance
De-banking
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Question 6
jamb 2009

The primary memory component of a computer is the?

Acache
Bconsole
Cassemblers
Dcompilers
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Question 7
jamb 2009

The process of eliminating a virus from a computer program is?

Aprogramming
Bdebugging
Cformating
Dlooping
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Question 8
jamb 2009

Unresolved disputes between the employer and employees are usually referred to the?

Acode of conduct bureau
Bpersonnel unit
Cdisciplinary committee
Dindustrial arbitration tribunal
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Question 9
jamb 2009

The most important attributes in a sale of goods contract are?

Aoffer and consideration
Bprice and goods
Coffer and acceptance
Ddemand and supply
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Question 10
jamb 2009

Marketing skimming is an example of?

Amarket penetration
Bsales promotion
Cpricing policy
Dadvertising
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Question 11
jamb 2009

The concept which focuses on consumers in decision-making is?

Aselling concept
Bmarketing concept
Cproduct concept
Dproduction concept
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Question 12
jamb 2009

The efficiency of an organization is enhanced by?

Agovernment assistance
Bthe host community
Ccustomer support
Dskilled manpower
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Question 13
jamb 2009

An organizational structure that is military in nature is the?

Aline structure
Bstaff structure
Cline and staff structure
Dfunctional structure
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Question 14
jamb 2009

The function which ensures that set objectives are attained by an organization is?

Aplanning
Bdirecting
Cstaffing
Dcontrolling
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Question 15
jamb 2009

The daily official publications of the Nigeria Stock Exchange give detailed information on the?

Achanges in the official rules set by the market
Bmethod of transactions agreed upon by members
Cparticipation of members in a day
Dchanges in the price of securities
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Question 16
jamb 2009

The major dealers on the stock market are the?

Aagents
Bjobbers
Cinvestors
Dbrokers
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Question 17
jamb 2009

The characteristic which ensures that money is free from forgery is its?

Alegality
Bdurability
Crecongnition
Dcredibility
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Question 18
jamb 2009
The manufacturers' Association of Nigeria is an example of a?
Alabour union
Bpressure group
Cconglomerate
Dcartel
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Question 19
jamb 2009

A body established to protect the interest of members against the exploitation of retail traders and manufacturers is the?

Awholesalers' association
Bconsumers association
Cgovernment agency
Dworkers' union
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Question 20
jamb 2009
if a firm has a turnover of N50 000 and the cost of goods sold is N40 000, what is the percentage of gross profit on sale?
A30.5%
B20.5%
C20.0%
D10.0%
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