Home ยป Past Questions ยป Commerce ยป Jamb ยป 2015 ยป Page 2
22

The circulating capital of a business enterprise is classified into

  • A. Cash, work-in-progress and debtors
  • B. Cash, Vehicles, land and building
  • C. debtors, stocks of raw materials and fitting
  • D. Prepayments, debtors and equipment
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23

The circulating capital of a business enterprise is classified into

  • A. Cash, work-in-progress and debtors
  • B. Cash, Vehicles, land and building
  • C. debtors, stocks of raw materials and fitting
  • D. Prepayments, debtors and equipment
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24

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

  • A. debenture
  • B. a bond
  • C. a term loan
  • D. an overdraft
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25

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

  • A. debenture
  • B. a bond
  • C. a term loan
  • D. an overdraft
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26

The difference between a private are public limited liability company is that the former

  • A. Is unable to declare and pay dividend.
  • B. Has a higher number of share holder
  • C. Is unable to offer shares to the public.
  • D. pays higher salaries to its member
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27

The external environmental factors that affect a business cooperation are

  • A. Economic, Social and legal
  • B. Political, Culture and Labour
  • C. Competition, Labour and Political
  • D. Competition, Industry and Product.
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28

The forum for the selling and buying of securities of small and medium companies is called.

  • A. Securities and Exchange Commission
  • B. Second tier Security Market
  • C. Foreign exchange Market
  • D. Second tier foreign Exchange market
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29

The forum for the selling and buying of securities of small and medium companies is called.

  • A. Securities and Exchange Commission
  • B. Second tier Security Market
  • C. Foreign exchange Market
  • D. Second tier foreign Exchange market
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30

The development of commercial activate in Nigeria was harnessed by

  • A. A good storage system
  • B. Availability of market
  • C. Increase in production
  • D. Activities
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31

In the permanent storage device, DASD means

  • A. Data Access Systems Device
  • B. Direct Access Systems Device
  • C. Data Access Storage Device
  • D. Direct Access Storage Device
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32

In the permanent storage device, DASD means

  • A. Data Access Systems Device
  • B. Direct Access Systems Device
  • C. Data Access Storage Device
  • D. Direct Access Storage Device
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33

The measure of independence available to the individual business units that come together is the main difference between

  • A. vertical and horizontal integration
  • B. Mergers and Acquisition
  • C. Consortium and imagination
  • D. Trust and Cartel
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34

The measure of independence available to the individual business units that come together is the main difference between

  • A. vertical and horizontal integration
  • B. Mergers and Acquisition
  • C. Consortium and imagination
  • D. Trust and Cartel
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35

Resources commited into the production of relatively few commodities is known as

  • A. Production
  • B. Specialization
  • C. Creation manufacturing
  • D. Manufacturing
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36

An agent who takes title to goods and has authority to buy and sell on behalf of another is

  • A. A jobber
  • B. A broker
  • C. A factor
  • D. An auctioneer
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37

An agent who takes title to goods and has authority to buy and sell on behalf of another is

  • A. A jobber
  • B. A broker
  • C. A factor
  • D. An auctioneer
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38

A memorandum of association is applicable to a

  • A. partnership
  • B. sole trader
  • C. joint stock company
  • D. public corporation
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39

A memorandum of association is applicable to a

  • A. partnership
  • B. sole trader
  • C. joint stock company
  • D. public corporation
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40

The body regulating the sale and purchase of shares in Nigeria is the

  • A. Corporate affair commission
  • B. Securities and exchange commission
  • C. Securities and exchange tribunal
  • D. Nigerian stock exchange
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41

The body regulating the sale and purchase of shares in Nigeria is the

  • A. Corporate affair commission
  • B. Securities and exchange commission
  • C. Securities and exchange tribunal
  • D. Nigerian stock exchange
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42

In a typical manufacturing enterprises, the line function is performed by the

  • A. Public relations department
  • B. Marketing Department
  • C. Estate or Properties Department
  • D. legal Department.
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