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 631
jamb 2003
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Find the current ratio
A1.53:1
B1, 85:1
C0. 87: 1
D0, 50:1
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Question 632
jamb 2003
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What is the owners' equity?
AN 250 000
BN 300 000
CN 420 000
DN 200 000
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Question 633
jamb 2003
Public debt management is one of the functions of a?
Amerchant bank
Bcentral bank
Ccommercial bank
Ddevelopment bank
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Question 634
jamb 2003
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
Aa denbenture
Ba bond
Ca term loan
Dan overdraft
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Question 635
jamb 2003
Money can simply be referred to as a?
Amedium of exchange
Bmeans for the settlement of debts
Cdurable assets for doing business
Dstandard of value
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Question 636
jamb 2003
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
ASecurties and Exchange Commission
BNigerian Stock Exchange
CNigerian Deposit Insurance Company
DCentral Bank of Nigeria
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Question 637
jamb 2003
An essential factor for evaluating the different sources of funds for a business is the?
Adecree establishing the business
Bownership structure of the business concern
Csize and the type of the business
Dburden of cost and repayment
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Question 638
jamb 2003
A source of short-term finance to companies is?
Ashare capital
Bdebentures
Cretained earnings
Dcorperate tax
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Question 639
jamb 2003
Banks are engaged in the business of buying and selling of?
Abills of exchange
Binstruments of credit
Cintangible products
Dland
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Question 640
jamb 2003
The most widely used computer language that focuses on solving science-oriented problems is?
AFORTRAN
BBASIC
CADA
DCOBOL
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Question 641
jamb 2003
The protection of consumers against exploitation by manufacturers is to ensure?
Athaty there are varieties of product
Bthat the right quality of goods and services is sold
Cincrease in production capacity
Dincrease in the level of consumers awareness
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Question 642
jamb 2003
The market structure, business conditions and financial system in Nigeria constitute the?
Aeconomic enironment
Bpolitical environment
Ccultural environment
Dtechnological environment
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Question 643
jamb 2003
The device which interprets and carries out the instructions presented to it by the computer program is known as?
Asoftware
Bmicroprocessor
Cmouse
Dhard-disk
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Question 644
jamb 2003
A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is?
Aincrease in wages
Bemployment generation
Cinformation technology
Drevenue generation
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Question 645
jamb 2003
Electronic computers differ and minimize errors in a?
Afaster and more accurate manner
Bmore organized manner
Cfaster but less accurate manner
Dslower but more accurate manner
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Question 646
jamb 2003
Privatization is concerned with?
Aequal ownership between the public and the governement
Bthje dilution of ownership among the public
Cthe individual ownership of companies
Dgovernement ownership of companies
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Question 647
jamb 2003
The ECOBANK is the initiative of?
Asome well-meaning Nigerian shareholders
Bthe Federal Government of Nigeria
CWest African states tto foster trade
Dthe Lagos State Governement to enhance capital mobilization
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Question 648
jamb 2003
Social responsibility of an organization to?
Atackle the socio-economic problem of its community
Bmeet the needs of its community
Ccontribute to sustaining and developing its community
Doperate without disrupting the very essence of the enviroment
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Question 649
jamb 2003
The act of a person employing another to enter into a contract on his behalf is known as?
Abusiness
Bsale of goods
Cbilateral agreement
Dagency
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Question 650
jamb 2003
The government policy thrust on the business environment is to?
Apromote experts
Battract investors
Cbe self-sufficient
Dincrease production
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