Home ยป Past Questions ยป Commerce ยป Neco ยป 2000
1

Ships that pick up cargo from any port and travels anytime are called

  • A. cargo ships
  • B. ferries
  • C. steamers
  • D. tankers
  • E. tramps
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2

What is the cost of goods sold?

  • A. N 2220
  • B. N 2500
  • C. N 2800
  • D. N 4000
  • E. N 4300
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3

What is the cost of goods sold?

  • A. N 2220
  • B. N 2500
  • C. N 2800
  • D. N 4000
  • E. N 4300
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4

The advertising medium which uses electric current in bulbs is referred to as

  • A. bill boards
  • B. neon signs
  • C. posters
  • D. television
  • E. video
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5

The advertising medium which uses electric current in bulbs is referred to as

  • A. bill boards
  • B. neon signs
  • C. posters
  • D. television
  • E. video
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6

Which of the following is NOT part of the marketing mix?

  • A. personnel
  • B. place
  • C. price
  • D. product
  • E. promotion
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7

Which of the following is NOT part of the marketing mix?

  • A. personnel
  • B. place
  • C. price
  • D. product
  • E. promotion
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8

The sum which the insured pays periodically to his insurance company is called

  • A. a brokerage
  • B. a commission
  • C. an indemnity
  • D. a policy
  • E. a premium
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9

A voluntary association of business executives, trader men, entrepreneurs and others in a city, town or country is called a

  • A. chamber of commerce
  • B. consumers association
  • C. manufacturers association
  • D. trade association
  • E. trade union
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10

Which of the following CANNOT be sold through a vending machine?

  • A. ice-cream
  • B. shoes
  • C. snacks
  • D. tea
  • E. tickets
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11

Which of the following CANNOT be sold through a vending machine?

  • A. ice-cream
  • B. shoes
  • C. snacks
  • D. tea
  • E. tickets
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12

Which is NOT a legislation aimed at protecting the consumer?

  • A. consumer association act
  • B. food and drugs act
  • C. hire purchase act
  • D. sales of goods act
  • E. trade description act
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13

Which is NOT a legislation aimed at protecting the consumer?

  • A. consumer association act
  • B. food and drugs act
  • C. hire purchase act
  • D. sales of goods act
  • E. trade description act
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14

One of the following does NOT fit into the group.

  • A. agriculture
  • B. carpentry
  • C. fishing
  • D. mining
  • E. quarrying
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15

One of the following does NOT fit into the group.

  • A. agriculture
  • B. carpentry
  • C. fishing
  • D. mining
  • E. quarrying
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16

An agreement that is enforceable in law is called

  • A. a contract
  • B. a declaration
  • C. a decree
  • D. an offer
  • E. a statute
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17

A holding company is one which holds shares in another company up to

  • A. 20%
  • B. 25%
  • C. 33%
  • D. 41%
  • E. 51%
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18

Which of the is used in calculating working capital?

  • A. factory premises
  • B. furniture and fittings
  • C. machinery
  • D. office equipment
  • E. stock of raw material
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19

Which of the is used in calculating working capital?

  • A. factory premises
  • B. furniture and fittings
  • C. machinery
  • D. office equipment
  • E. stock of raw material
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20

Which of the following means of transport is most flexible?

  • A. air
  • B. rail
  • C. road
  • D. sea
  • E. waterways
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21

Which of the following means of transport is most flexible?

  • A. air
  • B. rail
  • C. road
  • D. sea
  • E. waterways
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