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.

1,707 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

1,707 questions
Question 1 of 20 1,707 total questions
Question 571
jamb 2006

The factor which critically determines the choice of occupation is?

Atraining
Bskill
Cinterest
Dapititude
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Question 572
jamb 2006
The conversion of raw materials into finished products creates?
Aform utility
Bmarginal utility
Cplace utility
Dtime utility
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Question 573
jamb 2006

A current account is beneficial to its holder as?

Acheques can be issued to anybody
Bcustomers cannot withdraw frequently
Cit is only the holder that can make withdrawals
Dit allows customers the use of passbooks
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Question 574
jamb 2006
A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
Asubsidiary company
Bholding company
Ctrusth
Dcartel
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Question 575
jamb 2006
Trading on the stock exchange in anticipation of price change in the market value of shares is?
Aspeculation
Bforecasting
Cexpectation
Dprojection
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Question 576
jamb 2006
Which of the following is a development bank in Nigeria?
AUnion Bank Plc
BFirst Bank Plc
CFirst City Monument Bank
DFederal Mortgage Bank
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Question 577
jamb 2006

The main requirement for admission to the second-tier securities markets is the?

Aprovision of a three-year trading record
Bdisclosure of all trading activities
Ccreation of a good atmosphere for growth and development
Dguranteeing dividends to shareholders
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Question 578
jamb 2006

A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.

If the shares were fully subscribed, calculate the issued capital?

AN4 000 000
BN2 000 000
CN1 000 000
D500 000
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Question 579
jamb 2006
A bond which attracts only interest but leaves the capital unpaid is referred to as?
Aa long-term loan
Ba develoment bond
Ca redeemable bond
Dan irredeemable bond
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Question 580
jamb 2006
A seller attracts and retains patronage by?
Aenhancing public relationship
Benhance sales promotion
Crendering pre-sales services
Drendering customer service
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Question 581
jamb 2006

The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?

Aspan of control
Bdelegation of authority
Cchain of command
Dauthority and rsesponsibility
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Question 582
jamb 2006

An aspect of marketing that stimulates buying by providing free gifts is?

Aadvertising
Bpersonal selling
Cpublicity
Dsales promotion
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Question 583
jamb 2006

The setting of objectives for an organization and determining how to accomplish them is?

Asocial responsibility
Bplanning
Corganizing
Ddecision-making
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Question 584
jamb 2006

A computer that can be used in weather forecast is?

Aa hybrid computer
Ban analog computer
Ca marineframe computer
Da digital computer
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Question 585
jamb 2006

The mode of transportation that conveys a limited variety of products through fixed laid routes is?

Awaterways
Broad
Crail
Dpipeline
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Question 586
jamb 2006
An important social reason for development tourism in Nigeria is the?
Apromotion of culture interaction
Bprovision of job oppurtunities
Cimprovement of he balance of payments
Dencouragement of international relations
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Question 587
jamb 2006

Payment made to the insured by the insurer outside its legal obligation is?

Apremium paid
Bex gratia payment
Csurrender value
Dsum assured
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Question 588
jamb 2006

An employer insures against his employees' dishonesty by taking up?

Afidelity guarantee insurance
Baccident insurance
Cgroup life assurance
Dendowment policy
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Question 589
jamb 2006

The input, output and central processing units are the basic components of a computer's?

Amemory
Bprinter
Chardware
Dsoftware
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Question 590
jamb 2006

Tourism can be classified as?

Aintangible import
Bvisible export
Cintangible export
Dinvisible export
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