What is Ojo’s working capital?
- A. N 2150
- B. N 1950
- C. N1800
- D. N 1150
10% IS CHARGED ON DEPRECIATION OF FIXED ASSETS
Determine the value of Ojo’s fixed assets
- A. N 14450
- B. N13450
- C. N13005
- D. N12005
A firm that disposes its wastes properly is discharging its?
- A. community responsibility
- B. evironmental responsibility
- C. civic responsibility
- D. social responsibility
The economic environment of a business is concerned with?
- A. climate conditions
- B. changing values
- C. the growth rate
- D. the interest rate
A customer with XYZ Plc sent money through his account to his sister’s account in another branch.
This is an example of?
- A. e-business
- B. e-commerce
- C. e-finance
- D. e-banking
The primary memory component of a computer is the?
- A. cache
- B. console
- C. assemblers
- D. compilers
The process of eliminating a virus from a computer program is?
- A. programming
- B. debugging
- C. formating
- D. looping
Unresolved disputes between the employer and employees are usually referred to the?
- A. code of conduct bureau
- B. personnel unit
- C. disciplinary committee
- D. industrial arbitration tribunal
The most important attributes in a sale of goods contract are?
- A. offer and consideration
- B. price and goods
- C. offer and acceptance
- D. demand and supply
Marketing skimming is an example of?
- A. market penetration
- B. sales promotion
- C. pricing policy
- D. advertising
The concept which focuses on consumers in decision-making is?
- A. selling concept
- B. marketing concept
- C. product concept
- D. production concept
The efficiency of an organization is enhanced by?
- A. government assistance
- B. the host community
- C. customer support
- D. skilled manpower
An organizational structure that is military in nature is the?
- A. line structure
- B. staff structure
- C. line and staff structure
- D. functional structure
The function which ensures that set objectives are attained by an organization is?
- A. planning
- B. directing
- C. staffing
- D. controlling
The daily official publications of the Nigeria Stock Exchange give detailed information on the?
- A. changes in the official rules set by the market
- B. method of transactions agreed upon by members
- C. participation of members in a day
- D. changes in the price of securities
The major dealers on the stock market are the?
- A. agents
- B. jobbers
- C. investors
- D. brokers
The characteristic which ensures that money is free from forgery is its?
- A. legality
- B. durability
- C. recongnition
- D. credibility
The manufacturers’ Association of Nigeria is an example of a?
- A. labour union
- B. pressure group
- C. conglomerate
- D. cartel
A body established to protect the interest of members against the exploitation of retail traders and manufacturers is the?
- A. wholesalers' association
- B. consumers association
- C. government agency
- D. workers' union
if a firm has a turnover of N50 000 and the cost of goods sold is N40 000, what is the percentage of gross profit on sale?
- A. 30.5%
- B. 20.5%
- C. 20.0%
- D. 10.0%
The circulating capital of a business enterprise is classified into?
- A. cash, work-in-progress and debtors
- B. cash,vehicles, land and buildings
- C. debtors , stock of raw materials and fittings
- D. pre-payments, debtors and equipment