Examples of consumer goods include all except________
- A. Nurse
- B. Cars
- C. Spoon
- D. Shoes
One of these is not a major in the production process?
- A. Producers
- B. Distributors
- C. Marketers
- D. Consumers
The policy used when contracts are awarded as a result of tender is________
- A. market penetration
- B. market skimming
- C. Bid Pricing
- D. Product Line Pricing
Thee major aim of consumer orientation is_________
- A. consumer satisfaction
- B. consumer sovereignty
- C. what to produce
- D. market research
The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be________
- A. The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be
- B. Aviation Insurance
- C. Marine Insurance
- D. Life Assurance
The risks that can be forecast and measured is termed___________
- A. Gambling
- B. Insurable risks
- C. Non-Insurable risks
- D. Indenmity Insurance
A self-contained chunk of code with principal aim to replies preferably undetected and to copy itself into the computer’s memory and the computer’s hard-disk is_________
- A. Hardware
- B. Software
- C. Computer remedies
- D. Virus
All but one is not an output devices?
- A. Joystick
- B. Monitor
- C. Plotter
- D. Printer
Examples of Commercial occupation are all except___________
- A. Bankers
- B. Traders
- C. Insurers
- D. Goldsmith
All but one does not provide an Indirect Service?
- A. Custom Officers
- B. Family Doctors
- C. Civil Servants
- D. Law Makers
In Nigeria, it is mandatory for all business enterprises to be registered with the________
- A. Government
- B. Corporate Affairs Commission
- C. Agent
- D. Enterprise
In a law of contract, what is given in exchange for a promise to perform is_____
- A. offer
- B. acceptance
- C. warranty
- D. consideration
The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018
| Initial Capital | 5000 |
| Net Profit | 1000 |
| Furniture | 2000 |
| Equipment | 2900 |
| Debtors | 100 |
| Stock | 1000 |
| Bank | 500 |
From the above, calculate Current liabilities
- A. 100
- B. 6000
- C. 600
- D. 3000
The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018
| Initial Capital | 5000 |
| Net Profit | 1000 |
| Furniture | 2000 |
| Equipment | 2900 |
| Debtors | 100 |
| Stock | 1000 |
| Bank | 500 |
From the above, calculate Fixed assets
- A. 6500
- B. 2000
- C. 4900
- D. 600
Use the following information to answer this question.
The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018
| Initial Capital | 5000 |
| Net Profit | 1000 |
| Furniture | 2000 |
| Equipment | 2900 |
| Debtors | 100 |
| Stock | 1000 |
| Bank | 500 |
From the above, calculate Current assets
- A. 1600
- B. 1060
- C. 1500
- D. 600
The process of winding up or bringing a company to an end is________
- A. Dissolution
- B. Liquidation
- C. Integrating
- D. Merger
In the formation of a united liability company, the following documents are prepared except_______
- A. Memorandum of Association
- B. Article of Association
- C. Statement of Nominal Capita
- D. Prospectus
One of the disadvantages of Sole Proprietorship is__________
- A. It requires small operations
- B. It involves small capital
- C. It lacks specialization
- D. Grants from government
A partnership may be automatically dissolved due to the following factors except________
- A. Court verdict
- B. Joint decision
- C. Admission of new partners
- D. Bankruptcy of a partner