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.

98 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
Download PHP app Ask a Question Check Syllabus Past Question Videos Topic Video Lessons

Take a test

Past Questions

98 questions
Question 1 of 18 98 total questions
Question 41
jamb 2016
One of the duties of the employer to his employee is to
Adelegate his duties to others staff
Bcharge the employee on the use of equipment
Cserve faithfully and honestly
Dprovide job security
View Explanation & Discuss
Question 42
jamb 2016
The act of interpreting ideas within an organization is
Amotivating
Borganizing
Cplanning
Dcommunicating
View Explanation & Discuss
Question 43
jamb 2016
The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as
Acurrent account
Bmonetary movement account
Ccapital account
Dsocial-welfare account
View Explanation & Discuss
Question 44
jamb 2016
Avast is an example of
Aa web browser
Ba search engine
Can antivirus
Da spread sheet
View Explanation & Discuss
Question 45
jamb 2016
Commission on turnover is usually a benefit accruable to the
Adrawer
Bdrawee
Cpayer
Dpayee
View Explanation & Discuss
Question 46
jamb 2016
Given \(\frac{\text{index of export price}}{\text{index of import price}}\) X \(\frac{100}{1}\)

The formular above can be used to determine the
Aterms of payment
Bbalance of payments
Ctearms of trade
Dimport tariffs
View Explanation & Discuss
Question 47
jamb 2016
The type of wholesaler that combines selling, delivery and collection in one operation is
Aspecialist wholesaler
Brack jobber
Cdrop shipment
Dtruck wholesaler
View Explanation & Discuss
Question 48
jamb 2016
A basic concept of advertising that reveals the essential message an advertiser wishes to communicate is referred to as the
Amedium
Btheme
Ctarger
Dreach
View Explanation & Discuss
Question 49
jamb 2016
The transformation of cotton into clothings is an example of
Asecondary production
Btertiary production
Cprimary production
Ddirect production
View Explanation & Discuss
Question 50
jamb 2016
Which of the following types of occupation involues services that can be referred to as auxiliaries trade?
AConstructive occupation
BManufacturing occupation
CIndustrial occupation
DCommercial occupation
View Explanation & Discuss
Question 51
jamb 2016
The lumbering of trees by a furniture company is an example of
Aprimary production
Bsecondary production
Ctertiary production
Ddirect production
View Explanation & Discuss
Question 52
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
View Explanation & Discuss
Question 53
jamb 2016
Which of the following is used for temporary storage of data on a computer?
ARAM
BROM
CFloppy disk
Dflash drive
View Explanation & Discuss
Question 54
jamb 2016
The winding up of a firm by a resolution of its shareholders is an example of
Avoluntary liquidation
Bbankruptcy
Crecession
Dinvoluntary liquidation
View Explanation & Discuss
Question 55
jamb 2016
Ordianry warehouse is usually owned and used by
Agovernment
Bagents
Cretailers
Dwholesalers
View Explanation & Discuss
Question 56
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
View Explanation & Discuss
Question 57
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
View Explanation & Discuss
Question 58
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
View Explanation & Discuss
Question Navigator
Current
MathsFaculty