Commerce Past Questions And Answers
An example of service rendered by NIPOST is?
- A. electronic mail
- B. couier
- C. telephone
- D. mail delivery
One of the factors which determines the choice of transport for goods is the
- A. cost of purchasing the mode of transport
- B. maintenance cost of the mode of transport
- C. number of users of the mode of transport
- D. nature of the goods to be transported
The turnover of firm maybe affected by
- A. the demand for its product
- B. the cost of its goods sold
- C. its closing stock
- D. its net assets
(a) Explain four ways by which a registered mail differs from ordinary mail.
(b) Explain two advantages and two disadvantages of transporting goods by rail
View Discussion (0)WAEC 2002 THEORYThe minimum number of membership for a public limited company is?
- A. two
- B. seven
- C. seventeen
- D. twenty
Which of the following factors is not to be considered in starting a retail trade?
- A. Size of the business
- B. Nature of the business
- C. Amount of capital required
- D. Level of tax payable
Which of the following is a declaration by the captain of a ship as to the cargo on board?
- A. Bill of ladlng
- B. Mates receipt
- C. Ships manifest
- D. Bill of sight
A paid presentation about a product with a view to encouraging by an identified sponsor is?
- A. publicity
- B. personal selling
- C. sales promotion
- D. advertisement
The state of affairs of Danchukwu Enterprises for the year ended 30th September, 1997 shows the following:
Capital 90,000.00
Creditors 22,000.00
Vehicles 50,000.00
Furniture & Fittings 20,000.00
Cash in hand 18,000.00
Stock 24,000.00
(a) What is Danchukwu's working capital, using the above information?
(b) Mention four uses of working capital.
(c) Differentiate current capital from fixed capital.
View Discussion (0)WAEC 1998 THEORYWhich of the following stresses the use of only specialists to head departments?
- A. Committee organisation structure
- B. Line organisation structure
- C. line and staff organisation structure
- D. Functional organisation structure

