JAMB - Commerce (2016)
1
The cost which is incurred asa result of failure to load or unload a ship at the ports within a specified period is referred to as
2
The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix is referred to as
Απάντηση(A)
concentration segmentation
3
The function of money that is mostly affected by inflation is
4
Ordianry warehouse is usually owned and used by
5
The winding up of a firm by a resolution of its shareholders is an example of
6
Which of the following is used for temporary storage of data on a computer?
7
An advantage of the Second-Tier Securities Market to an economy is in
Απάντηση(A)
creating avenues for investment
8
The lumbering of trees by a furniture company is an example of
9
Which of the following types of occupation involues services that can be referred to as auxiliaries trade?
10
The transformation of cotton into clothings is an example of
11
A basic concept of advertising that reveals the essential message an advertiser wishes to communicate is referred to as the
12
The type of wholesaler that combines selling, delivery and collection in one operation is
13
Given \(\frac{\text{index of export price}}{\text{index of import price}}\) X \(\frac{100}{1}\)
The formular above can be used to determine the
14
Commission on turnover is usually a benefit accruable to the
16
The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as
Απάντηση(B)
monetary movement account
17
The act of interpreting ideas within an organization is
18
One of the duties of the employer to his employee is to
19
The buying and selling of goods and services is referred to as
20
A document that serves as an instument for perferential tariff is referred to as
21
Funds used for paying wages, salaries and payments for raw materials are categorized under
22
A formal letter to a dealer to enquire details about certain items for sale is referred to as
23
The pricing policy that seeks to set prices relatively high in order to attract the wealthy segment of the market is
24
In the transportation industry, dead freight is used to describe the
Απάντηση(A)
cost paid for an empty space left in the ship
25
When expenses on trading are deducted, the result is the
26
A supplier of flour who intends to sign a contract with a baker through post can establish a binding agreement only
Απάντηση(D)
after the offeree's letter has been recieved by the offeror
27
Which of the followingis a modern trend in retailing ?
28
Which of the following is a traditional medium of communication used to mark festivals?
29
One of the functions of the retailer is
Απάντηση(B)
provision of after - sales services
30
One of the factors of determining the volume of production is
Απάντηση(D)
the number of skilled manpower
31
The minimum lending rate of a bank is a component of its
32
Which of the following is the best method for computing working capital
Απάντηση(A)
Total assets less current liabilities
33
One of the functions of the Nigerian Ports Authority is that it
Απάντηση(D)
provides warehosing facilities at the docks
34
An ancillary to trade which promotes socio - cultural development all over the world is
35
An association that acts as a watchdog between enterpreneurs and government to protect trade from any unfavourable laws is said to be a
36
Labour as an input in production can be motivated by
37
Discharging certian duties by an organization to the public to gain high patronage is a concern of ?
38
Complying with the rules relating to the conduct of business activities in a country is an aspect of
39
Which of the following is a legal tender?
40
Which of the following is NOT backed by gold but by government securites?
41
Where a manufacturer doesn't collects money from wholesalers in exchange for goods produced is referred to as
42
Quantity discount is offerred mainly to persuade the buyer to
43
The placement of workers based on their qualifications can be categorized under
44
A group of computers that exchange data is referred to as
45
The form of credit sales common to low income groups is
