Coverage against unexpected events is called?
- A. insurance
- B. assurance
- C. warranty
- D. reinsurance
When an organization studies a market that is undeserved by others and creates a product or service for the segment, it is engaged in?
- A. market inegration
- B. market positioning
- C. market orchestration
- D. product differentiation
The program that makes up the operating system in a computer is?
- A. microprogram
- B. system flowchart
- C. system software
- D. syntax
Non-insurable risk include?
- A. gambling
- B. damage to property
- C. death
- D. marine problems
Ships that sail across the ocean and operate on scheduled time tables are?
- A. ferries
- B. ocean liners
- C. tramp steamers
- D. coastal liners
Public debt management is one of the functions of a?
- A. merchant bank
- B. central bank
- C. commercial bank
- D. development bank
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
- A. a denbenture
- B. a bond
- C. a term loan
- D. an overdraft
Money can simply be referred to as a?
- A. medium of exchange
- B. means for the settlement of debts
- C. durable assets for doing business
- D. standard of value
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
- A. Securties and Exchange Commission
- B. Nigerian Stock Exchange
- C. Nigerian Deposit Insurance Company
- D. Central Bank of Nigeria
An essential factor for evaluating the different sources of funds for a business is the?
- A. decree establishing the business
- B. ownership structure of the business concern
- C. size and the type of the business
- D. burden of cost and repayment
A source of short-term finance to companies is?
- A. share capital
- B. debentures
- C. retained earnings
- D. corperate tax
Banks are engaged in the business of buying and selling of?
- A. bills of exchange
- B. instruments of credit
- C. intangible products
- D. land
The most widely used computer language that focuses on solving science-oriented problems is?
- A. FORTRAN
- B. BASIC
- C. ADA
- D. COBOL
The protection of consumers against exploitation by manufacturers is to ensure?
- A. thaty there are varieties of product
- B. that the right quality of goods and services is sold
- C. increase in production capacity
- D. increase in the level of consumers awareness
The market structure, business conditions and financial system in Nigeria constitute the?
- A. economic enironment
- B. political environment
- C. cultural environment
- D. technological environment
The device which interprets and carries out the instructions presented to it by the computer program is known as?
- A. software
- B. microprocessor
- C. mouse
- D. hard-disk
A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is?
- A. increase in wages
- B. employment generation
- C. information technology
- D. revenue generation
Electronic computers differ and minimize errors in a?
- A. faster and more accurate manner
- B. more organized manner
- C. faster but less accurate manner
- D. slower but more accurate manner
Privatization is concerned with?
- A. equal ownership between the public and the governement
- B. thje dilution of ownership among the public
- C. the individual ownership of companies
- D. governement ownership of companies
The ECOBANK is the initiative of?
- A. some well-meaning Nigerian shareholders
- B. the Federal Government of Nigeria
- C. West African states tto foster trade
- D. the Lagos State Governement to enhance capital mobilization
Social responsibility of an organization to?
- A. tackle the socio-economic problem of its community
- B. meet the needs of its community
- C. contribute to sustaining and developing its community
- D. operate without disrupting the very essence of the enviroment