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Commerce Past Questions

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.

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

48 questions
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Question 1 of 8 48 total questions
Question 21
jamb 2016
The lumbering of trees by a furniture company is an example of
Aprimary production
Bsecondary production
Ctertiary production
Ddirect production
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Question 22
jamb 2016
An advantage of the Second-Tier Securities Market to an economy is in
Acreating avenues for investment
Bregulating competition amongst companies
Cgranting financial assistance to consumers
Dincreasing companies profit margins
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Question 23
jamb 2016
Which of the following is used for temporary storage of data on a computer?
ARAM
BROM
CFloppy disk
Dflash drive
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Question 24
jamb 2016
The winding up of a firm by a resolution of its shareholders is an example of
Avoluntary liquidation
Bbankruptcy
Crecession
Dinvoluntary liquidation
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Question 25
jamb 2016
Ordianry warehouse is usually owned and used by
Agovernment
Bagents
Cretailers
Dwholesalers
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Question 26
jamb 2016
The function of money that is mostly affected by inflation is
Astore of value
Bmedium of exchange
Cmeasure of value
Dunit of account
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Question 27
jamb 2016

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

Aconcentration segmentation
Bmarket concept
Cconsumer orientation
Dmarket penetration
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Question 28
jamb 2016
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
Ademurrage charges
Bpremium charges
Cexcess charges
Dtrade charges
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