WAEC SSCE - Commerce - 2017 (Objective)

which of the following activities is aimed at closing sales.

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

What is the cost of goods sold

the central bank carries out its monetary policy through?

the marketing mix element which ensures that goods are available where and when needed is? 

The amount of capital used in the day-to-day running of a company is?

Balance of payment deficit may be caused by?

An overdraft is granted to holders of?

The job of the polic in keeping law and order in the society is?

the advertising medium that makes only audio impression is 

under the principle of subrogation, the insurer has the right to?

the expert reponsible for the calculation of prabability of risk in insurance is?

which of the following bussinesses relies on government subvention for its operation?

The term which enjoins a buyer to examine goods thoroughly before making payment is?

The organisation of local and international trade fairs is the responsibilty of

a machine supplied by a post office to an organisation to imprints stamps on their letters is?

An agreement between two people which can be  enforced is?

The tranfer of government businesses to individuals is?

The duty payable on goods produced locally iis

one of the aims of ECOWAS is to?

A disadvantage of rail transport is that?

The facility which is not provide by the port authority is?

which of the following is a source of short term capital. 

The right of an unpaid seller doesnt include?

A memorandum of association is a document 

which of the follwing does not belong to the extractive occupation?

an example of a computer output device is a?

The main purpose of branding is to?

in a hire purchase agreement, the buyer is the 

A cheque could be dishonoured as a result of?

The major division of commerce are?

when a company sells shares to existing shareholders at preferential rate, this is

The coming together of people who engage in trade and industry in a particular area is?

which of the following terms is not used in price qoutation for goods

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

what is the average stock

A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices

which of the following is not a tool for sale

ocean liners are vessels that?

The conversion of raw materials into finished goods is performed by?

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

What is the rate of stock turnover.

A business which becomes insolvent may result in 

which of the following is a type of marine insurance.

which of the following countries is a member of the lake chad basin commission

Mr ojo paid Noak the sum of N3,000 for a piece of land without signing a deed of sale. the lement of contract which is lacking is?

an example of an invisible item of trade is?

the law that protects a musician's work from piracy is?

which of the following is not a factor of production

The process of placing the right people in the right position in an organisation is?

The most suitable channel for the sale of an aircraft is?

commercial activities recieved a great boost in west A frica due to contact with?

which of the following documents is used in home trade only