Commerce Past Questions

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

49 questions
Question 1 of 20 49 total questions
Question 1
jamb 2012

Dealing in quoted securities on the Nigerian Stock Exchange is restricted to authorized

Acompanies
Bbrokers
Cinvestors
Dprincipals.
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Question 2
jamb 2012

If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.

AN 199,400
BN 198,400
CN100,200
DN99,200
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Question 3
jamb 2012

A business organization must always consider the overall effect of its actions on the

Acompetitor
Bproduct
Cprofit
Dsociety
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Question 4
jamb 2012

The provision of quality and safe products which guarantee the health of consumers is an example of

Aquality control
Bprice control
Ccivic responsibility
Dsocial responsibility
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Question 5
jamb 2012

Modern means of payment is greatly facilitated by

Ae-commerce
Bpaper money
Ce-banking
Dcredit transfer
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Question 6
jamb 2012

Computers that process all data as binary zeros and ones are

Aanalog computers
Bdigital computers
Chybrid computers
Ddesktop computers
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Question 7
jamb 2012
Which of the following is a type of system software
Autility programmes
Bregisters
Chard drives
Dpackages
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Question 8
jamb 2012

The process of decoding data in a computer is known as

Adilution
Bdefault drive
Cdecryption
Ddata security
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Question 9
jamb 2012

The body which ensures that consumers are protected against harmful products in Nigeria is

ANAFDAC
BNDLEA
CSON
DCPC
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Question 10
jamb 2012

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because

Aownership was transfered on completeion of installment
Bownership was transfered on delivery
CYahaya could not pass title to a third party
DAli was still indebted to Yahaya
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Question 11
jamb 2012

A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a

Acommission agent
Bdel credere agent
Cbroker
Dfactor
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Question 12
jamb 2012

Good and services are made available to consumers through

Athe channel of distribution
Bsales promotion
Cthe advertising agency
Dthe middle men
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Question 13
jamb 2012

An organization which focuses on consumer satisfaction is practicing

Aconsumerism
Bmarket segmentation
Cselling concept
Dmarketing concept
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Question 14
jamb 2012

One of the characteristics of a good organizational chart is that it should

Abe rigid
Bshow government policy
Cfacilitate communication
Dbe acceptable
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Question 15
jamb 2012

The promotion of team spirit in an organization is referred to as

Aunity of direction
Bespirit de corps
Cunity of purpose
Ddiscipline
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Question 16
jamb 2012
Under what management function will the motivation of employees fall
Astaffing
Bcontrolling
Corganizing
Ddirecting
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Question 17
jamb 2012

Securities that entitle the investor to coupon rates are

Abonds
Bequities
Cwarrants
Dtreasury bills
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Question 18
jamb 2012

The promotion and protection of trade industry and agriculture through trade fairs is a function of

ANACRDB
BNACCIMA
Cthe consumer protection council
Dthe chamber of commerce
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Question 19
jamb 2012

The main objective of a trade association is to

Aprotect its members against litigation
Bboost the trade of its members
Csecure credit for its members
Dprotect its members against victimization
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Question 20
jamb 2012

Given:

opening stock #1,800
purchases #2,800
sales #8,000
closing stock # 350
carriage on sales # 500

calculate the value of the unused stock.

A#800
B#500
C#350
D#320
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