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.

4,313 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

4,313 questions
Question 1 of 20 4,313 total questions
Question 501
waec 2017

The duty payable on goods produced locally iis

Aexport duty
Bexcise duty
Cimport duty
Dadvalorem duty
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Question 502
waec 2017

The most suitable channel for the sale of an aircraft is?

Amanufacturer-wholesaler-retailer-consumer
Bmanufacture-wholesaler-consumer
Cmanufacturer - retailer - consumer
Dmanufacturer - consumer
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Question 503
waec 2017

which of the following is a source of short term capital. 

Atrade credit
Bshares
Cleasing
Ddebenture
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Question 504
waec 2017

What is the rate of stock turnover.

A11 times
B6 times
C4.7 times
D4 times
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Question 505
waec 2017

What is the cost of goods sold

AD55000
BD42,000
CD32,000
DD28,000
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Question 506
waec 2017

what is the average stock

AD12,000
BD7,000
CD6,000
DD5,000
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Question 507
waec 2017

which of the following is not a factor of production

Acapital
Blabour
Cexchange
Dentrepreneurship
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Question 508
waec 2017

The conversion of raw materials into finished goods is performed by?

Aextractive industry
Bservice occupation
Ccommercial occupation
Dthe manufacturing industry
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Question 509
waec 2017

when a company sells shares to existing shareholders at preferential rate, this is

Aa right issue
Bbonus issue
Cprivate placing
Dissue by introduction
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Question 510
waec 2017

A cheque could be dishonoured as a result of?

Asame amount in words and figure
Binsufficient fund
Cgeneral crossing
Dregular signature
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Question 511
waec 2017

The facility which is not provide by the port authority is?

Aberth
Bwarehouse
Ctarmac
Dcranes
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Question 512
waec 2017

The main purpose of branding is to?

Aincrease the quantity of goods demanded
Bincrease the selling price of goods
Cdifferentiate goods from other similar goods
Denhance turnover of goods
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Question 513
waec 2017

A memorandum of association is a document 

Adefining a company's relationship with the public
Binviting the public to buy a company's shares
Cgoverning the affairs of the partnership
Dregulating a company's internal affairs
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Question 514
waec 2017

The major division of commerce are?

Aimport, export and transportation
Btrade, communication and warehouse
Cimport, trade and production
Dtrade and auxiliaries to trade
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Question 515
waec 2017

which of the follwing does not belong to the extractive occupation?

Aquarrying
Bcarving
Cmining
Dagriculture
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Question 516
waec 2017

A business which becomes insolvent may result in 

Acontinuity
Bexpansion
Cliquidation
Dre-incorporation
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Question 517
waec 2017

The job of the polic in keeping law and order in the society is?

Aa commercial service
Ban indirect service
Ca direct service
Da self service
Especialized service
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Question 518
waec 2017

commercial activities recieved a great boost in west A frica due to contact with?

AAsians
BEuropeans
CAmericans
DAfricans
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Question 519
jamb 2017
If a business uses part of its profit to develop the area where it operates, the business is fulfilling its ______
Aeconomic responsibilities
Bmarketing responsibilities
Csocial responsibilities
Dmanagerial responsibilities
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Question 520
jamb 2017
Any activity directed at conveying commodities to buyers is an aspect _________
Aselling
Bdelivering
Cadvertising
Dmarketing
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