Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

1723

The service of a teacher is in the classification of

  • A. commerce
  • B. direct service
  • C. extractive occupation
  • D. indirect services
  • E. industrial occupation
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1724

The service of a teacher is in the classification of

  • A. commerce
  • B. direct service
  • C. extractive occupation
  • D. indirect services
  • E. industrial occupation
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1725

A form of business unit in which members are given patronage allowance is

  • A. co-operative society
  • B. joint stock company
  • C. public corporation
  • D. partnership
  • E. sole proprietorship
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1726

A form of business unit in which members are given patronage allowance is

  • A. co-operative society
  • B. joint stock company
  • C. public corporation
  • D. partnership
  • E. sole proprietorship
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1727

Which of the following organizations look after harbours, docks and waterways in Nigeria?

  • A. Nigeria Ports Authority
  • B. Nigeria Navy
  • C. Nigeria Export Promotion Council
  • D. Nigeria Shippers Council
  • E. Nigeria Customs Service
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1728

Which of the following organizations look after harbours, docks and waterways in Nigeria?

  • A. Nigeria Ports Authority
  • B. Nigeria Navy
  • C. Nigeria Export Promotion Council
  • D. Nigeria Shippers Council
  • E. Nigeria Customs Service
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1729

Assets of a business which can easily be changed into cash are called

  • A. authorized capital
  • B. current liabilities
  • C. fixed assets
  • D. liquid capital
  • E. paid-up capital
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1730

Assets of a business which can easily be changed into cash are called

  • A. authorized capital
  • B. current liabilities
  • C. fixed assets
  • D. liquid capital
  • E. paid-up capital
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1731

What is NOT a function of marketing?

  • A. changing the nature of the marketable goods
  • B. enlargement of the market
  • C. export promotion
  • D. provision of employment
  • E. segmenting the market
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1732

The best definition of Communication in Commerce is

  • A. distribution of information
  • B. movement of files
  • C. movement of goods and passengers
  • D. storing information
  • E. transmission of information
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1733

The best definition of Communication in Commerce is

  • A. distribution of information
  • B. movement of files
  • C. movement of goods and passengers
  • D. storing information
  • E. transmission of information
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1734

What is the main aim and objective of ECOWAS?

  • A. increasing the tax rate among member countries
  • B. operating banking services among members
  • C. promoting cooperation and development in all fields of economic activities
  • D. providing employment opportunity to a few countries
  • E. providing essential services among members
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1735

What is the main aim and objective of ECOWAS?

  • A. increasing the tax rate among member countries
  • B. operating banking services among members
  • C. promoting cooperation and development in all fields of economic activities
  • D. providing employment opportunity to a few countries
  • E. providing essential services among members
View Answer & Discuss NECO 2002
1736

ln the selection of means of transport, speed is an important consideration for goods that are

  • A. bulky
  • B. durable
  • C. fragile
  • D. inferior
  • E. perishable
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1737

ln the selection of means of transport, speed is an important consideration for goods that are

  • A. bulky
  • B. durable
  • C. fragile
  • D. inferior
  • E. perishable
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1738

A businessman started with N100,000 and spent N80,000 in buying premises and equipment. The balance of N20,000 is his

  • A. authorized capital
  • B. called-up capital
  • C. capital employed
  • D. fixed capital
  • E. working capital
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1739

What covers the risk which an employer may suffer as a result of the dishonesty of an employee?

  • A. accident insurance
  • B. export credit insurance
  • C. fidelity guarantee insurance
  • D. fire insurance
  • E. life assurance
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1740

What covers the risk which an employer may suffer as a result of the dishonesty of an employee?

  • A. accident insurance
  • B. export credit insurance
  • C. fidelity guarantee insurance
  • D. fire insurance
  • E. life assurance
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1741

Which business unit has a membership range of 2-50?

  • A. Cooperative Society
  • B. Partnership
  • C. Private Limited Company
  • D. Public Enterprise
  • E. Public Limited Company
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1742

Which business unit has a membership range of 2-50?

  • A. Cooperative Society
  • B. Partnership
  • C. Private Limited Company
  • D. Public Enterprise
  • E. Public Limited Company
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1743

The different types of occupation in which people are engaged can be grouped as

  • A. Direct Services, Commercial and industrial
  • B. Manufacturer, Blacksmith and Industrial
  • C. Industrial, Manufacturing and Commercial
  • D. Teaching, Manufacturing and Commercial
  • E. Trading, Teaching and Commercial
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