COMMERCE POST UTME

COMMERCE POST UTME

0
100 Views

COMMERCE POST UTME

Practice the Commerce Post UTME for Universities, Polytechnics and College of Education with our CBT software and pass your commerce examination.

0%
1

COMMERCE POST UTME

COMMERCE POST UTME 1

COMMERCE POST UTME

COMMERCE POST UTME

Practice the Commerce Post UTME for Universities, Polytechnics
and College of Education with our CBT software and pass your commerce examination.

1 / 50

Category: COMMERCE POST UTME

The most important piece of legislation governing business and commercial activities in Nigeria currently is the

2 / 50

Category: COMMERCE POST UTME

A term which indicates that a share is temporarily suspended is

3 / 50

Category: COMMERCE POST UTME

A major liability of a commercial bank arises from

4 / 50

Category: COMMERCE POST UTME

What of the above are requirements for admission into the second-tier securities market?

I. Companies must be registered as private limited liability companies.

II. Companies must have not less than 100 shareholders.

III. No shareholder may have more than 75% of issued share capital.

5 / 50

Category: COMMERCE POST UTME

Which of these sets of external environmental factors affect a business operation?

6 / 50

Category: COMMERCE POST UTME

Sole enterprise may flourish best in

7 / 50

Category: COMMERCE POST UTME

The ordinary shareholders enjoy the following rights EXCEPT the right to

8 / 50

Category: COMMERCE POST UTME

Freight note is a document

9 / 50

Category: COMMERCE POST UTME

The body that organizes, promotes and participates in local and foreign trade fairs is the

10 / 50

Category: COMMERCE POST UTME

An underlying principle in the marketing of goods is that firms should

11 / 50

Category: COMMERCE POST UTME

The overriding objective of the Food and Drug Act in Nigeria is to prevent the

12 / 50

Category: COMMERCE POST UTME

Which of the following gives the correct order in which the listed documents are used?

13 / 50

Category: COMMERCE POST UTME

The ECOBANK is the initiative of

14 / 50

Category: COMMERCE POST UTME

Management is described as

15 / 50

Category: COMMERCE POST UTME

Which of the following makes other functions of business its appendages?

16 / 50

Category: COMMERCE POST UTME

The merger of two companies producing the same type of products is an example of

17 / 50

Category: COMMERCE POST UTME

The main function of thrift, credit and loans co-operative societies is to

18 / 50

Category: COMMERCE POST UTME

An example of a consumer protection agency is the

19 / 50

Category: COMMERCE POST UTME

One of the criteria for differentiating consumer markets from industrial ones is the

20 / 50

Category: COMMERCE POST UTME

In the case of a voluntary liquidation of a business, the receiver is appointed by the

21 / 50

Category: COMMERCE POST UTME

The difference between the total payments for imports and the receipts from exports within a given period is referred to as

22 / 50

Category: COMMERCE POST UTME

For the establishment of a powerful consumers’ association in Nigeria to exist, there must be

23 / 50

Category: COMMERCE POST UTME

Goods discharged from ships on which import duties have not been paid are kept in the

24 / 50

Category: COMMERCE POST UTME

The practice by which an insurance company accepts a very large risk and later shares it with other insurance companies is called

25 / 50

Category: COMMERCE POST UTME

NACCIMA stands for

26 / 50

Category: COMMERCE POST UTME

The breaking down of a market into separate and identifiable elements each with its own special product requirements is known as market

27 / 50

Category: COMMERCE POST UTME

A public limited company can raise long-term loans through

28 / 50

Category: COMMERCE POST UTME

Which of the following is the most important business resource?

29 / 50

Category: COMMERCE POST UTME

RRF as a scheme introduced by the Central Bank of Nigeria means

30 / 50

Category: COMMERCE POST UTME

A demonstration of social responsibility by a business is the payment of

31 / 50

Category: COMMERCE POST UTME

Which of the following takes place when firms producing at different stages in the same industry combine?

32 / 50

Category: COMMERCE POST UTME

The existing system of governance and the administrative sub-divisions of a country which described as

33 / 50

Category: COMMERCE POST UTME

Which of the following statements is TRUE about sea transport?

34 / 50

Category: COMMERCE POST UTME

A distinguishing characteristic of a limited liability company is that is

35 / 50

Category: COMMERCE POST UTME

The production process that combines two or more raw materials into one end product is

36 / 50

Category: COMMERCE POST UTME

Motivation is an essential element in management because it

37 / 50

Category: COMMERCE POST UTME

The activities of consumers association in Nigeria have not been effective because

38 / 50

Category: COMMERCE POST UTME

Shares can be forfeited for

39 / 50

Category: COMMERCE POST UTME

If a firm’s turnover is =N=15,000 and the cost of goods sold is =N= 10,000, what is the percentage of gross profit on sales?

40 / 50

Category: COMMERCE POST UTME

The use of computers in modern banking industry is a reflection of

41 / 50

Category: COMMERCE POST UTME

The existing system of governance and the administrative sub-divisions of a country which described as

42 / 50

Category: COMMERCE POST UTME

What are the factors with which commercial undertakings can be distinguished?

I           Size of the undertakings

II          Profits generated

III        forms of ownership

IV        Location of the undertakings

43 / 50

Category: COMMERCE POST UTME

When an industry or company is nationalized, the state becomes

44 / 50

Category: COMMERCE POST UTME

The nominal value of a share as specified in the Memorandum of Association and the share certificate is the

45 / 50

Category: COMMERCE POST UTME

Commerce makes it possible for man to live in a …

46 / 50

Category: COMMERCE POST UTME

A company earned a total revenue of =N=108 million with a total cost of =N=91 million in 1991. If it paid 45% tax on its gross profit for that year, determine its net profit.

47 / 50

Category: COMMERCE POST UTME

The assets, liabilities and general management of a distressed bank may be taken over by

48 / 50

Category: COMMERCE POST UTME

Under normal circumstances, a business enterprise can be ideally structured

49 / 50

Category: COMMERCE POST UTME

The business organization in which shareholders have equal votes is

50 / 50

Category: COMMERCE POST UTME

The least of the advantages of indigenization is that

Your score is

The average score is 2%

0%

0

Post Comment