COMMERCE PAST QUESTIONS APP (SSCE/NECO/NABTEB/GCE)

COMMERCE PAST QUESTIONS

Practice the COMMERCE Past Questions with Answers. The questions are answered by our experts and you will get the correct answers to the COMMERCE questions.


0%
26

SSCE/NECO/GCE (COMMERCE)

qbapp splash screen 6

COMMERCE PAST QUESTIONS APP

These are Commerce Past Questions. Questions will be picked at random from the question bank.

You can use the NEXT button to move to the next question, use the PREV button to move to the previous question, the CLEAR button to clear any answer of your choice and you have the FINISH button to end the exam if you choose to.

Any question not answered before the end of the exam time, will be marked as wrong and the exam will end by itself. so try to attempt all questions on time.

Goodluck!

1 / 50

If the amount of dividend paid varies according to the level of profit; what type of share is involved?

2 / 50

Who among the following does not function in the stock exchange market?

3 / 50

The main feature of a holding company is

4 / 50

A retailer sells his products at “buy-two-take-three”. The sales promotion method referred to is

5 / 50

Which of the following is an intangible asset of a firm?

6 / 50

A label as a product such as “Three Crown Milk” is a form of

7 / 50

Which of the following is true of rail transport?

8 / 50

The West Africa Clearing House (WACH) was established

9 / 50

Which of the following can be defined as trade and aid to trade?

10 / 50

The various rights attached to different classes of shares are stated in the

11 / 50

Which of the following terms is used in marine insurance when the cargo suffers partial loss?

12 / 50

The minimum charge at which the central bank lends to commercial banks is called

13 / 50

The production of goods in anticipation of demand is possible because of the existence of

14 / 50

A retirement insurance policy which enables the assured to receive income for a specific period is

15 / 50

The process of dealing with a cheque once it has been paid into the creditor’s bank is

16 / 50

Which of the following is not suitable for hire purchase?

17 / 50

A specially designed container to convey crude oil or liquid from one’ location to another is a

18 / 50

Partnership form of business is most appropriate

19 / 50

Who is responsible for the payment of the bill in documentary credits?

20 / 50

Which of the following is not a function of the ports Authority?

21 / 50

A partner with an unlimited liability is known as a

22 / 50

Dividend is a always expressed as a percentage of total

23 / 50

Which of the following is a method of sales promotion?

24 / 50

Which of the following has as one of its objectives the removal of obstacles to movement of people and goods across the boundaries of member countries?

25 / 50

Which of the following organizations aim at providing relief for countries facing adverse balance of payment?

26 / 50

The term legal tender refers to

27 / 50

The main advantage of sea transport over air transport is

28 / 50

Which of the following gives businessmen the opportunity to buy shares of public limited companies?

29 / 50

A debenture is mortgaged when it is

30 / 50

A refund of the duty collected on goods imported and processed for re-export is

31 / 50

The process by which the government takes over the ownership ad control of an existing private business is

32 / 50

Market skimming is an example of

33 / 50

Which of the following is not a method of discharging a contract?

34 / 50

If a share is sold at a price below its first value, it is sold

35 / 50

The scope of commerce is limited to

36 / 50

C & F as a price quotation in foreign trade means that the buyer

37 / 50

The refund made on goods re-exported after being imported is known as

38 / 50

Which of the following is used to show that goods imported were produced in an ECOWAS member country?

39 / 50

Which of the following is not used to correct an adverse balance of payment?

40 / 50

When an insurance company indemnifies the insured and takes over his rights, this is known as

41 / 50

Which of the following involves the delivery of mails to a traveler without fixed address?

42 / 50

Farming is an activity that falls under

43 / 50

Which of the following is a means by which a contract of agency could be terminated?

44 / 50

A private company is one which must publish its audited account must publish its audited account

45 / 50

Which of the following is not an obstacle to the achievement of the objective of ECOWAS?

46 / 50

The money used by Njie & Co. Ltd in running the day-to-day activities of the business is represented by

47 / 50

An open cheque is one

48 / 50

Which of the following provides a proof of posting and that the item has got to the addresses?

49 / 50

Total assets minus current liabilities is equal to a company’s

50 / 50

An advantage of a public limited company over a private one is the

Your score is

0%

Prepare yourself for the exam ahead and test your knowledge and readiness.

Also See

PHYSICS PAST QUESTIONS APP

ENGLISH LANGUAGE TEST OF ORALS PAST QUESTIONS

Acadlly Playstore Brand logo 350 x 350
Acadlly