Commerce Past Questions And Answers
451
A debenture is mortgaged when it is?
- A. not secured on the the assets of a company
- B. Secured on the assets of a company
- C. irredeemable
- D. redeemable
452
The most common method of preparing insoluble salts is by
- A. filtration
- B. decomposition
- C. neutralization
- D. double decomposition
453
The association that comprises all types of businesses is referred to as?
- A. chamber of commerce
- B. trust
- C. trade association
- D. cartel
454
The difference between current assets and current liabilities is
- A. Issued capital
- B. capital employed
- C. working capital
- D. nominal capital
455
(a) Explain five factors affecting the choice of transport of frozen products.
(b) State five disadvantages of air transport.
View Discussion (0)WAEC 2012 THEORY456
Which of the following describes the marketing mix?
- A. Distribution, production policy, promotion, pricing policy
- B. Product planning, development , market research, price
- C. Product, Price, place, development
- D. Communication, advertising, pricing, promotion
457
The process of eliminating a virus from computer is the
- A. programming
- B. formatting
- C. looping
- D. debugging
458
Direct sales to consumers by manufacturers is a means of eliminating
- A. wholesalers only
- B. retailers only
- C. middlemen
- D. agents
459
Which of the following is not the function of commerce
- A. the conversion of raw materials into semi-finished products
- b. the conversion of semi-finished products into end products
- c. provision of services to customers
- d. the exchange and distribution of goods and services
460
The major division of commerce are?
- A. import, export and transportation
- B. trade, communication and warehouse
- C. import, trade and production
- D. trade and auxiliaries to trade