JAMB COMMERCE PAST QUESTIONS

JAMB COMMERCE PAST QUESTIONS

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JAMB COMMERCE PAST QUESTIONS

JAMB COMMERCE PAST QUESTIONS 1

JAMB COMMERCE PAST QUESTIONS

Attempt all 60 questions from our pool of questions. 60 questions will be picked automatically from our question bank.


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Category: JAMB COMMERCE PAST QUESTIONS

keeping the goods safe until they and needed

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Category: JAMB COMMERCE PAST QUESTIONS


The document that gives an important freehand to obtain goods form any manufacturer is

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The policy used when contracts are awarded as a result of tender is________

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Category: JAMB COMMERCE PAST QUESTIONS

What is a Quota?

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Category: JAMB COMMERCE PAST QUESTIONS

The production of goods and services in anticipation of demand is made possible by _______

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The board of directors of public enterprise is appointed by who?

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Which of the following best describes an invoice?

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An association that acts as a watchdog between enterpreneurs and government to protect trade from any unfavourable laws is said to be a

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The factors which critically determines the choice of occupation is

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Company has an authorized capital of 100 millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up the remaining 50 million shares have

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Category: JAMB COMMERCE PAST QUESTIONS

All but one is not an output devices?

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The pricing policy that seeks to set prices relatively high in order to attract the wealthy segment of the market is

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Category: JAMB COMMERCE PAST QUESTIONS

The process of winding up or bringing a company to an end is________

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Which of the following is a traditional medium of communication used to mark festivals?

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Category: JAMB COMMERCE PAST QUESTIONS

Communication enhances business activities by

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One of the products of an extractive industry is

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When expenses on trading are deducted, the result is the

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the followingis a modern trend in retailing ?

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Category: JAMB COMMERCE PAST QUESTIONS

The risks that can be forecast and measured is termed___________

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Which of the following is a legal tender?

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is an item in the marketing mix?

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The document issued by a port authority for goods deposited is a

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Examples of consumer goods include all except________

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Citizens are against privatization mainly because of

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One of the factors of determining the volume of production is

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A supplier of flour who intends to sign a contract with a baker through post can establish a binding agreement only

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In the transportation industry, dead freight is used to describe the

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One of the major determinants of the volume of production is

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is the best method for computing working capital

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Category: JAMB COMMERCE PAST QUESTIONS

A partnership may be automatically dissolved due to the following factors except________

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Category: JAMB COMMERCE PAST QUESTIONS

In a law of contract, what is given in exchange for a promise to perform is_____

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One of the functions of the retailer is

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The application of division of labour would generally bring about

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In response to an inquiry from a customer, a wholesaler is expected to send back

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One of the major problems of a sole proprietor is sourcing for

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The agency in Nigeria which ensure that products conform to government quality specification is the

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The world tourism organization has it headquarters in

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An ancillary to trade which promotes socio - cultural development all over the world is

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Category: JAMB COMMERCE PAST QUESTIONS

The minimum lending rate of a bank is a component of its

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The document submitted to the customs authority when full description of imported goods is not provided is

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Labour as an input in production can be motivated by

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All but one does not provide an Indirect Service?

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From which of the following sources can partnership increase their capital?

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Thee major aim of consumer orientation is_________

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Land as a factor of production does not vary in _______

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The type of activity which turns processed raw materials into consumer and industrial goods is described as ________

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Category: JAMB COMMERCE PAST QUESTIONS

Examples of Commercial occupation are all except___________

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The development of commerce in west Africa was not hampered by

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The act of selling in a foreign market at a price lower than the cost price is called

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Which of the following is a verbal means of communication

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One of the functions of the Nigerian Ports Authority is that it

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Trade fairs in Nigeria are organized by

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Complying with the rules relating to the conduct of business activities in a country is an aspect of

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following has power to order withdrawal of a particular food item from circulation?

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Category: JAMB COMMERCE PAST QUESTIONS

When an oil exploring and mining company builds a health centre in one community where at operates, such a company is

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Category: JAMB COMMERCE PAST QUESTIONS

In product pricing, which of these elements need more consideration than others?

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Category: JAMB COMMERCE PAST QUESTIONS

A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue

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Category: JAMB COMMERCE PAST QUESTIONS

The vessels that operate on specific route on high seas and oceans are

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The duties paid on goods produced locally is

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Category: JAMB COMMERCE PAST QUESTIONS

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital5000
Net Profit1000
Furniture2000
Equipment2900
Debtors100
Stock1000
Bank500

 

From the above, calculate Current liabilities

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