A bond which attracts only interest but leaves the capital unpaid is referred to as?
- A. a long-term loan
- B. a develoment bond
- C. a redeemable bond
- D. an irredeemable bond
A seller attracts and retains patronage by?
- A. enhancing public relationship
- B. enhance sales promotion
- C. rendering pre-sales services
- D. rendering customer service
The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?
- A. span of control
- B. delegation of authority
- C. chain of command
- D. authority and rsesponsibility
An aspect of marketing that stimulates buying by providing free gifts is?
- A. advertising
- B. personal selling
- C. publicity
- D. sales promotion
The setting of objectives for an organization and determining how to accomplish them is?
- A. social responsibility
- B. planning
- C. organizing
- D. decision-making
A computer that can be used in weather forecast is?
- A. a hybrid computer
- B. an analog computer
- C. a marineframe computer
- D. a digital computer
The mode of transportation that conveys a limited variety of products through fixed laid routes is?
- A. waterways
- B. road
- C. rail
- D. pipeline
An important social reason for development tourism in Nigeria is the?
- A. promotion of culture interaction
- B. provision of job oppurtunities
- C. improvement of he balance of payments
- D. encouragement of international relations
Payment made to the insured by the insurer outside its legal obligation is?
- A. premium paid
- B. ex gratia payment
- C. surrender value
- D. sum assured
An employer insures against his employees’ dishonesty by taking up?
- A. fidelity guarantee insurance
- B. accident insurance
- C. group life assurance
- D. endowment policy
The input, output and central processing units are the basic components of a computer’s?
- A. memory
- B. printer
- C. hardware
- D. software
Tourism can be classified as?
- A. intangible import
- B. visible export
- C. intangible export
- D. invisible export
Given:
Sales………………………N15 000
Opening stock……………….N5 600
Purchases…………………..N9 700
Closing stock……………….N4 400
Gross profit………………..N4 500
Net profit………………….N2 200
From the data above, calculate the rate of turnover?
- A. 3:50 times
- B. 3:00 times
- C. 2:00 times
- D. 2:18 times
One advantage of a crossed cheque is that it can?
- A. only be paud into a savings account
- B. be cashed over the bank's counter
- C. only be paid into the owner's account
- D. be cashed by anyone
A good financial instrument which serves as a hedge against inflation is?
- A. a bond
- B. a share
- C. an opion
- D. a warrant
To increase the supply of money in a country, the central bank has to?
- A. reduce cash ratio
- B. sell securities
- C. call on special deposits
- D. raise cash ratio
The fixed and current assets of a business are called?
- A. called up capital
- B. capital employed
- C. paid-up capital
- D. authorized capital
The major participants in the stock market when stock prices are rising generally are the?
- A. bulls
- B. registrars
- C. bears
- D. companies
The excess of the assets over the liabilities of a business is called?
- A. working capital
- B. net worth
- C. capital employed
- D. initial capital
From which of the following sources can partnerships increase their capital?
- A. Admission of a new partner
- B. Sale of shares
- C. Discharge of a mortage
- D. initial capital
Initial public offering is undertaken through the?
- A. secondary securities market
- B. first-tier securities market
- C. primary securities
- D. second-tier securities market