The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is
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40 questionsNACCIMA stands for
The main documents sent to an importer of goods by the exporter are
The above chart represents the
Which of the following attracts only interest but leaves the capital unpaid?
The process of dividing tasks into jobs and departments and delegating authority is known as
A doctor who attends to patients at home after his official duty is
The agency that currently oversees the privatization and commercialization processes in Nigeria is the
From the diagram above, what does I stand for?
Given:
₦
Sales 15,000
Opening stock 5,600
Purchases 9,700
Closing stock 4,400
Gross profit 4,500
Net profit 2,000
From the above data, calculate the rate of turnover
Mr. Taju entered into a contract to let a car to Mr. Funbi for his wedding for two days. However, the car had an accident before the first day. Mr. Funbi attempted to Claim damages but failed. This implies that the contract was terminated by
The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is
An undertaking given by a person to another assuring his integrity is
A country is said to be experiencing an unfavourable balance of trade if her
Modern means of payment is greatly facilitated by
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.
The arrangement and interrelationship of the various components and positions of a business is referred to as
An example of a computer operating system is
The central working system of a computer used for data processing is the
One of the merits of television as a medium of advertising is that it