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Which of the following is not one of the functions of warehousing?
AGoods are avaiable where the are required
BGoods are stored until the are required
CProduction takes place ahead of demand
Dchanges are avoided in prices which may result from shortage and gults
EGoods are available when required
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Question 1072
waec1989
For continuous existence, a service oriented concern depends on?
Aliquid assets
Bmiddlemen
Cpatronage of consumers
Dlegislation of the ruling political party
Estaff strength of the concern
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Question 1073
waec1989
The essence of marketing is?
Aexchange
Bsales
Ctrade
Dresearch
Eprofit
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Question 1074
waec1989
Which of the following documents contains the complete information on goods available in the wholesaler's warehouse? the
Acatalogue
Border
Cconsignment note
Dinvoice
Edelivery note
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Question 1075
waec1989
Which mode of transport would you suggest as the most suitable for natural gas?
AAir
BSea
CPipeline
DRoad
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Question 1076
waec1989
A shipping company's document detailing the charges for carrying a particular cargo for a specified journey is known as?
Adock warrant
Bfreight note
Ccarriage forward
Dweight note
Ecredit note
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Question 1077
waec1989
Exchange in the international market which does not involve the use of money as a medium is known as?
Aforeign aid
Bcounter trade
Cmonetization
Dforeign trade
Eenterpot trade
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Question 1078
waec1989
With regard to payment, the amount payable when no deductions are made is called?
Anet price
Bspot cash
Cnot profit
Dprompt cash
Edraft
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Question 1079
waec1989
Which of the following is not necessary when ordering goods?
ATrade journal
BLetter of enquiry
CInvoice
DOrder form
ECatalogue
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Question 1080
waec1989
A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital out of which the company collected N15,000.
What was the unissued capital?
AN35,000
BN30,000
CN15,000
DN10,000
EN5,000
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Question 1081
waec1989
A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital out of which the company collected N15,000.
What was the paid-up capital?
AN35,000
BN30,000
CN20,000
DN15,000
EN5,000
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Question 1082
waec1989
A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital out of which the company collected N15,000.
What was the issued capital?
AN5,000
BN10,000
CN15,000
DN20,000
EN35,000
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Question 1083
waec1989
The rate at which a country's exports exchange for its imports is called?
Abalance of payments
Bbalance of trade
Cterms of delivery
Dterms of trade
Ecounter trade
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Question 1084
waec1989
It is advantageous to provide services which are natural monopoly through?
Asole trades
Bpartnership
Cpublic limited liabilities companies
Dpublic enterprises
Eco-operative societies
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Question 1085
waec1989
The process whereby a firm buys over the assets and liabilities of another firm is known as?
Aamalgamation
Bcartel
Cfactoring
Dholding
Ecombine
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Question 1086
waec1989
Any powers exercise by a company in pursuance of objectives not authorized by the Memorandum of Association is regarded as?
Aa trespass
Ba nuisance
Cultra vires
Duberrimae fidei
Ecaveat emptor
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Question 1087
waec1989
Which of the following price quotation contains the cost price, insurance charges and the cost of transporting the goods?
AF.O.R
BC & F
CF.A.S
DF.O.B
EC.I.F
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Question 1088
waec1989
Warehousing is one of the functions of the?
Awholesaler
Bretailer
CChamber of commerce
DMinistry of Trade and Industry
EExport Promotion Department
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Question 1089
waec1989
A teleprinter is used to transit?
Aimportant documents through the post office
Btyped message quickly over long distance
Cdata to and form computer
Dmessages to areas within a locality
Einformation within a bank
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Question 1090
waec1989
The body controlling the installation and maintenance of telephone in Nigeria is?
