Commerce Past Questions And Answers
1751
Carpentry is an activity classified under
- A. extractive occupation
- B. tertiary occupation
- C. commercial occupation
- D. constructive occupation
1752
A crossed postal order is?
- A. generally acceptable for payment
- B. easily converted to cash
- C. the same as money order
- D. cashed through a post office
1753
The major types of warehouse are?
- A. manufacturer, bonded, departemental and private
- B. bonded, public, coldroom and private
- C. manufacturer, bonded, public and departmental
- D. wholesaler, manufacturer, public and bonded
1754
which of the following activities is aimed at closing sales.
- A. insurance
- B. banking
- C. warehousing
- D. advertising
1755
(a) Adama and Awa have teamed up to form a partnership business. Explain five benefits they are likely to derive
(b) State five provisions in the Partnership Deed.
View Discussion (0)WAEC 2004 THEORY1756
The art of soaping-making is an example of?
- A. primary occupation
- B. secondary occcupation
- C. tertiary occupation
- D. construction occupation
1757
Del-credere commission is an?
- A. allowance paid to a supplier
- B. extra allowance paid for guaranteeing recovery of debts
- C. allowance paid to all commission agents
- D. allowance paid bythe agent
1758
Taxes imposed on locally made goods are known as?
- A. ad valorem
- B. import duties
- C. export drawback
- D. excise duties
1759
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. ₦320
- D. ₦350
1760
The concept which focuses on consumers in decision-making is?
- A. selling concept
- B. marketing concept
- C. product concept
- D. production concept