Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
Create and set up a CBT environment with your preferred subjects.
Practice JAMB CBT with real UTME past questions in CBT format.
CB-WASSCE styled past question practice.
SSCE & GCE styled past question practice.
One of the functions of commercial banks that cannot be performed by central banks is
The quality of money which makes it possible to buy goods in small quantities is
A country's visible balance of payment is made up of
A retail store that sells a single product from a particular manufacturer is a
Which of the following groups would advocate for the supply of constant electricity to households?
A partner who contributes only his name to the formation of a partnership is
Sales ----------------------------------- #50,000
Debtors -------------------------------- #10,000
Cash-in-hand --------------------------#5,000
Opening stock -------------------------#30,000
Creditors ------------------------------- #8,000
Purchases ----------------------------- #16,000
Overdraft ------------------------------- #12,000
Closing stock -------------------------- #10,000
Calculate the gross profit.
Use the information below to answer question 13 and 14
| # | |
| Sales | 50,000.00 |
| Debtors | 10,000.00 |
| Cash-in-hand | 5,000.00 |
| Opening stock | 30,000.00 |
| Creditors | 8,000.00 |
| Purchases | 16,000.00 |
| Overdraft | 12,000.00 |
| Closing stock | 10,000.00 |
calculate the working capital.
An internal source of finance to an entrepreneur is
Which of the following documents would a shareholder inspect to know his voting rights?
A retail business that sells goods by post, using catalogues is a
Average stock is derived by adding
A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a
Which of the following organizations provide essential goods and services at low cost to citizens?
The resources put together to create goods and services are
The service of a retailer is part of production because it
The of the products of the construction industry is a
The growth of Pro commerce is not enhanced by
The provision of services is classified under
An article used as a means of exchange in the early days of trade in West Africa was