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Pregunta 1 Informe
In which order are the following documents used?
I. Enquiry
II. Delivery note
III. Order
IV. Invoice
V. Quotation
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Pregunta 2 Informe
The principle of insurance that prevents the insured from benefiting in an event where he suffers no material or financial loss is
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Pregunta 3 Informe
The building of schools and hospitals for communities by some oil companies in Niger Delta of Nigeria is an example of
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Pregunta 4 Informe
The actual amount of share capital a company is allowed to issue to the public is the ---- capital
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Pregunta 5 Informe
The payment made by government to producers to enable them reduce price is known as
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Pregunta 6 Informe
Public debt management is one of the functions of a ----- bank
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Pregunta 7 Informe
From the date of issue, cheques are valid for-----------months.
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Pregunta 9 Informe
A document that is sent by the seller to the buyer to indicate an increase in the annual owes is
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Pregunta 10 Informe
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
Cost of goods sold is
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Pregunta 13 Informe
Income distribution, nature of natural resources, investment etc. forms part of -----business environment.
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Pregunta 14 Informe
The amount receivable by shareholders after the declaration of profit is called
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Pregunta 18 Informe
The process of passing information from one person to another in an organization is known as
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Pregunta 19 Informe
A Speculator in the stock exchange who buys shares hope that prices will rise is called
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Pregunta 20 Informe
A financial document stating the reasons for making a payment and details of the payment is
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Pregunta 21 Informe
Which of the following relies on subvention as the main source of capital?
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Pregunta 24 Informe
A marketing term the for the presentation of goods in a neatly wrapped container is
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Pregunta 25 Informe
Adeleke places his vehicle for sale at N150,000,00 Ibrahim had agreed to pay the amount. In this Trans: Adeleke is the
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Pregunta 26 Informe
The most suitable mode of transporting very bulky goods from Lagos to Kaduna is the
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Pregunta 27 Informe
“Be a millionaire” a slogan adopted by one of them G.S.M providers is an example of
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Pregunta 28 Informe
The losses incurred in the running of Public Corporations are borne by the
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Pregunta 31 Informe
Which of the following is NOT true of a cheque as a means of payment? It
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Pregunta 32 Informe
The authority that transfers to a third party the shard right to vote is called
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Pregunta 33 Informe
Shares that are fully paid can be converted into bulks known as
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Pregunta 35 Informe
When a cheque has R/D written on it, it means that the cheque
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Pregunta 36 Informe
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
The rate of stock turnover is?
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Pregunta 37 Informe
The most suitable mode of transport for conveying gas and liquid within Nigeria is
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Pregunta 38 Informe
Which of the following is an objective of regional economic grouping?
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Pregunta 39 Informe
The department responsible for recruitment and promotion of staff is
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Pregunta 40 Informe
A disadvantage of commercialization of public enterprises in Nigeria is that it
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Pregunta 41 Informe
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
Kolawole’s average stock is?
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Pregunta 42 Informe
The practice of selling some goods below market price to attract more customers is known as
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Pregunta 43 Informe
An arrangement in insurance which provides for the payment of a stipulated sum either at death or the expiration of a stated period is known as ……….
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Pregunta 44 Informe
When the supplier changes a retailer for not returning empty packages, the supplier sends him a/an
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Pregunta 45 Informe
Shares, stocks, government bonds trade in the stock exchange marks: are known as
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Pregunta 48 Informe
Which of the following is NOT true of a cheque as a means of payment? It
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