Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

1

Dealing in quoted securities on the Nigerian Stock Exchange is restricted to authorized

  • A. companies
  • B. brokers
  • C. investors
  • D. principals.
View Answer & Discuss JAMB 2012
2

If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.

  • A. N 199,400
  • B. N 198,400
  • C. N100,200
  • D. N99,200
View Answer & Discuss JAMB 2012
3

A business organization must always consider the overall effect of its actions on the

  • A. competitor
  • B. product
  • C. profit
  • D. society
View Answer & Discuss JAMB 2012
4

The provision of quality and safe products which guarantee the health of consumers is an example of

  • A. quality control
  • B. price control
  • C. civic responsibility
  • D. social responsibility
View Answer & Discuss JAMB 2012
5

Modern means of payment is greatly facilitated by

  • A. e-commerce
  • B. paper money
  • C. e-banking
  • D. credit transfer
View Answer & Discuss JAMB 2012
6

Computers that process all data as binary zeros and ones are

  • A. analog computers
  • B. digital computers
  • C. hybrid computers
  • D. desktop computers
View Answer & Discuss JAMB 2012
7

Which of the following is a type of system software

  • A. utility programmes
  • B. registers
  • C. hard drives
  • D. packages
View Answer & Discuss JAMB 2012
8

The process of decoding data in a computer is known as

  • A. dilution
  • B. default drive
  • C. decryption
  • D. data security
View Answer & Discuss JAMB 2012
9

The body which ensures that consumers are protected against harmful products in Nigeria is

  • A. NAFDAC
  • B. NDLEA
  • C. SON
  • D. CPC
View Answer & Discuss JAMB 2012
10

The body which ensures that consumers are protected against harmful products in Nigeria is

  • A. NAFDAC
  • B. NDLEA
  • C. SON
  • D. CPC
View Answer & Discuss JAMB 2012
11

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because

  • A. ownership was transfered on completeion of installment
  • B. ownership was transfered on delivery
  • C. Yahaya could not pass title to a third party
  • D. Ali was still indebted to Yahaya
View Answer & Discuss JAMB 2012
12

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because

  • A. ownership was transfered on completeion of installment
  • B. ownership was transfered on delivery
  • C. Yahaya could not pass title to a third party
  • D. Ali was still indebted to Yahaya
View Answer & Discuss JAMB 2012
13

A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a

  • A. commission agent
  • B. del credere agent
  • C. broker
  • D. factor
View Answer & Discuss JAMB 2012
14

Good and services are made available to consumers through

  • A. the channel of distribution
  • B. sales promotion
  • C. the advertising agency
  • D. the middle men
View Answer & Discuss JAMB 2012
15

An organization which focuses on consumer satisfaction is practicing

  • A. consumerism
  • B. market segmentation
  • C. selling concept
  • D. marketing concept
View Answer & Discuss JAMB 2012
16

One of the characteristics of a good organizational chart is that it should

  • A. be rigid
  • B. show government policy
  • C. facilitate communication
  • D. be acceptable
View Answer & Discuss JAMB 2012
17

One of the characteristics of a good organizational chart is that it should

  • A. be rigid
  • B. show government policy
  • C. facilitate communication
  • D. be acceptable
View Answer & Discuss JAMB 2012
18

The promotion of team spirit in an organization is referred to as

  • A. unity of direction
  • B. espirit de corps
  • C. unity of purpose
  • D. discipline
View Answer & Discuss JAMB 2012
19

The promotion of team spirit in an organization is referred to as

  • A. unity of direction
  • B. espirit de corps
  • C. unity of purpose
  • D. discipline
View Answer & Discuss JAMB 2012
20

Under what management function will the motivation of employees fall

  • A. staffing
  • B. controlling
  • C. organizing
  • D. directing
View Answer & Discuss JAMB 2012
21

Under what management function will the motivation of employees fall

  • A. staffing
  • B. controlling
  • C. organizing
  • D. directing
View Answer & Discuss JAMB 2012