A disadvantage of personal selling is that it

Increases a company’s operating costs

Increase a company’s number of customers

Reduces a company area of patronage

Increases a company’s operating costs

Decreases a company’s operating costs

The internet is a system of telecommunication used for

Communicating long distance messages

Sending and receiving text messages

Communicating messages through telegrams

Transfer of ownership from government to individuals

Transfer of ownership from individual to government

Transfer of ownership from government to stakeholders

Transfer of ownership from government to individuals

Government taking charge of all businesses

The three components of staffing are?

recruitment, selection and placement

recruitment, interview and appointment

recruitment, selection and placement

recruitment, test and placement

recruitment, procurement and appointment

Chinyere agreed to make a dress for Halima with September 20, 1995 as the delivery date. If the dress was not ready at that date, Halima could

Regard the contract between them as terminated

Seize another gown from Chinyere’s shop

Regard the contract between them as terminated

Sue Chinyere for specific performance

Sudden technological changes can have the effect of making?

a company's management style ineffective

the control mechanism difficult to implement

the motivational factors in the company difficult to monitor

The main objective of corporate mergers is to?

minimize the effect of taxation

Why is clear bill of lading called so?

It shows no records of damaged goods

It shows records of damaged goods

It shows no records of damaged goods

JAMB UTME - Commerce - 2018 | Green Bridge CBT

Question 1 Rapport

Transportation, retailing and wholesaling industries rely heavily on?

banking

insurance

manufacturing

railway

Détails de la réponse

Lisez la note de cours sur Transport, Tourism, Communication And Warehousing (WAEC)

Transport, Tourism, Communication And Warehousing

Voir la réponse

Question 2 Rapport

When does the buyer in a hire purchase becomes the owner of the goods?

When all installments have been fully paid

After payment of the first installment

Before the payment of the first installment

When half of the purchased price has been paid

Détails de la réponse

Voir la réponse

Question 3 Rapport

The duties paid on goods produced locally is

Ad-valorem duty

excise duty

export duty

quota

Détails de la réponse

The duty paid on goods produced locally is called "excise duty". Excise duty is a tax on goods that are produced, sold or consumed within a country, and is typically imposed at the point of production or sale. In other words, if you produce goods in a country and sell them within that same country, you will likely have to pay an excise duty. Excise duty can be levied on a wide range of products, including alcohol, tobacco, fuel, and luxury goods. The rate of excise duty varies depending on the type of product and the country in which it is produced. The purpose of excise duty is to generate revenue for the government and to discourage the consumption of certain products. Unlike ad-valorem duty, which is calculated as a percentage of the value of the goods, excise duty is usually calculated on a per-unit basis. For example, a certain amount of excise duty might be charged for each liter of alcohol produced or for each pack of cigarettes sold. Export duty, on the other hand, is a tax on goods that are exported out of a country. Quota is a restriction on the quantity of goods that can be imported or exported.

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Occupation (WAEC)

Commerce

Occupation

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Question 4 Rapport

The temporary working area of the control processing unit is called the?

CD-ROM

CD-RAM

ROM

RAM

Détails de la réponse

The temporary working area of the control processing unit is called RAM, which stands for Random Access Memory. RAM is a type of memory that the computer uses to store data and programs that are currently in use. When the computer is turned off, the data stored in RAM is lost. This is why it is called "temporary" memory. In contrast, ROM, which stands for Read-Only Memory, is a type of memory that permanently stores data and programs even when the computer is turned off.

Lisez la note de cours sur Information And Communication Technology (ict) (JAMB)

Information And Communication Technology (ict)

Voir la réponse

Question 5 Rapport

Rights issue means the?

issue of shares to the directors of a company.

issue of shares by a company only to the founders of the company

right of shareholders to vote on any issue

issue of shares to shareholders on favorable terms

Détails de la réponse

Lisez la note de cours sur Purchase And Sale Of Goods In Home And Foreign Trade (WAEC)

Lisez la note de cours sur Commerce (JAMB)

Purchase And Sale Of Goods In Home And Foreign Trade

Commerce

Voir la réponse

Question 6 Rapport

What’s the first form an applicant must complete before taking an insurance policy?

Cover note

advice note

proposal form

certificate of insurance

Détails de la réponse

The first form an applicant must complete before taking an insurance policy is the proposal form. This is a document that provides information about the applicant and the property or risk being insured. The proposal form is used by the insurer to assess the risk associated with the policy and to determine the premium that the applicant will be charged. The proposal form typically includes questions about the applicant's personal information, such as name, address, and occupation, as well as details about the property or risk being insured. For example, if the applicant is seeking a home insurance policy, the proposal form may ask about the age and condition of the home, its location, and any previous insurance claims made by the applicant. It's important for applicants to provide accurate and complete information on the proposal form, as any inaccuracies or omissions could affect the insurer's assessment of the risk and the terms of the policy. Once the proposal form is completed and submitted to the insurer, the insurer will review the information and decide whether to offer coverage and at what premium.

Lisez la note de cours sur Occupation (JAMB)

Occupation

Voir la réponse

Question 7 Rapport

What is a Quota?

Tax pad on goods produced within a country

A physical restriction placed on quantity of goods that can be imported

Tax paid on goods produced outside a country

Ban on all imported goods

Détails de la réponse

A quota is a physical restriction that a government or an organization imposes on the quantity of goods that can be imported or exported from a country or a region. It is a limit on the number of goods that can be traded, usually to protect domestic industries from foreign competition or to regulate the flow of goods. For example, a country might impose a quota on the number of cars that can be imported in a year, or limit the amount of sugar that can be exported. This means that once the quota limit is reached, no more goods of that type can be imported or exported until the next period. Quotas can be used to manipulate the supply and demand of goods in a market, affecting their prices and availability.

Lisez la note de cours sur Trade (WAEC)

Trade

Voir la réponse

Question 8 Rapport

One of the obstacles to achieving the objectives of ECOWAS is?

lack of a common currency

colonial linkages

sovereignty of state

language difference

Détails de la réponse

One of the obstacles to achieving the objectives of ECOWAS is the issue of language differences. ECOWAS, which stands for the Economic Community of West African States, is a regional economic organization made up of fifteen West African countries. Its primary goal is to promote economic cooperation and integration among member states, with the aim of creating a unified economic market in the region. However, one major obstacle to achieving this goal is the language differences among member states. West Africa is a linguistically diverse region, with over 2,000 different languages spoken. English, French, and Portuguese are the three official languages of ECOWAS, but many other languages are also spoken in the region. This diversity in languages creates communication challenges for member states, which can make it difficult to coordinate and implement policies and initiatives. It also makes it harder to build a shared regional identity and culture, which is a key component of creating a unified economic market. In conclusion, language differences are an obstacle to achieving the objectives of ECOWAS, as they can hinder communication, coordination, and the development of a shared regional identity.

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Economic Groupings

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Question 9 Rapport

The satisfaction of consumer is best explained by

Product mix

Marketing concept

marketing mix

market segmentation

Détails de la réponse

The satisfaction of a consumer can be best explained by the marketing concept. The marketing concept is a business philosophy that focuses on identifying and meeting the needs and wants of consumers. It involves understanding the target market and delivering superior value to them by providing high-quality products or services that meet their needs and wants. By adopting the marketing concept, a business can tailor its products or services to the specific needs of its customers, and this can lead to higher levels of customer satisfaction. In turn, satisfied customers are more likely to become loyal customers and spread positive word-of-mouth about the business, which can ultimately lead to increased sales and profits. While product mix, marketing mix, and market segmentation are all important components of a business's overall marketing strategy, they are all ultimately aimed at achieving the marketing concept - delivering value to customers.

Lisez la note de cours sur Elements Of Marketing (JAMB)

Elements Of Marketing

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Question 10 Rapport

The maximum number of shareholders in a public liability company is

One hundred

Unlimited

Fifty

Twenty

Détails de la réponse

The maximum number of shareholders in a public liability company is unlimited. This means that there is no specific limit to the number of shareholders that can own shares in the company. A public liability company, also known as a public limited company (PLC), is a type of business organization that is publicly traded on a stock exchange. This means that shares of the company can be bought and sold by the general public. Since a public liability company has the ability to sell shares to the public, it is not practical to limit the number of shareholders to a specific number. By allowing an unlimited number of shareholders, a public liability company can raise a significant amount of capital through the sale of shares, which can then be used to finance the growth and expansion of the business. However, it is important to note that there may be specific rules and regulations in each country regarding the formation and operation of a public liability company, and it is advisable to seek professional advice before starting such a company.

Lisez la note de cours sur Business Capital And Profits (WAEC)

Business Capital And Profits

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Question 11 Rapport

The Central Bank Monetary policy instrument by which it buys and sells securities is called

Bank rate

Cash reserve ratio

Open market operation

Bank credit

Détails de la réponse

The Central Bank monetary policy instrument by which it buys and sells securities is called "Open market operation". Open market operation refers to the process by which the Central Bank of a country buys or sells government securities in the open market, i.e., from banks, financial institutions, or the general public. When the Central Bank buys securities, it injects money into the economy, which increases the money supply and reduces the interest rates. This is because the banks will have more money to lend out to individuals and businesses, and they will do so at a lower interest rate. On the other hand, when the Central Bank sells securities, it reduces the money supply in the economy, which increases the interest rates. This is because the banks will have less money to lend out, and they will do so at a higher interest rate to maintain their profit margins. In summary, open market operations are an important tool for the Central Bank to manage the money supply in the economy and influence the interest rates.

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Money (JAMB)

Commerce

Money

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Question 12 Rapport

A chamber of commerce is an association made up of?

merchants

manufacturers

entrepreneurs

importers

Détails de la réponse

Lisez la note de cours sur Commerce (JAMB)

Commerce

Voir la réponse

Question 13 Rapport

The first known legislation to protect consumer rights in Nigeria is the?

usury laws

sale of goods act

hire purchase act

food and drugs act

Détails de la réponse

Lisez la note de cours sur Legal Aspects Of Business (JAMB)

Lisez la note de cours sur Aids-to-Trade (JAMB)

Legal Aspects Of Business

Aids-to-Trade

Voir la réponse

Question 14 Rapport

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

Funds

Labour

Raw materials

Machineries

Détails de la réponse

As a sole proprietor, one of the major problems you may face is sourcing for funds. This is because you are the sole owner of your business and responsible for all its financial obligations. You have to provide the initial capital to start the business and also fund all its operations and expenses. This can be a challenge if you don't have enough personal savings or can't access external sources of funding like loans, grants or investors. Sourcing for labour, raw materials, and machineries can also be challenging, but these problems can be managed through effective planning and organization. For example, you can hire employees on a contract basis or outsource some tasks to freelancers or specialized service providers to reduce labour costs. You can also negotiate with suppliers for better prices, establish good relationships with them, and explore alternative sources of raw materials and machineries to ensure a steady supply at a reasonable cost. However, sourcing for funds can be a more difficult challenge as it determines the viability and growth of your business. Without enough funds, you may not be able to cover your expenses, pay your bills, or invest in new opportunities that can help your business expand. Therefore, it's important to have a solid financial plan and explore all available funding options to ensure the sustainability and success of your business as a sole proprietor.

Lisez la note de cours sur Financing Business (JAMB)

Financing Business

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Question 15 Rapport

Why will a cheque be dishonored?

Regular signature

high amount of money written on the cheque

insufficient funds

general crossing

Détails de la réponse

Lisez la note de cours sur Purchase And Sale Of Goods (JAMB)

Lisez la note de cours sur Commerce (JAMB)

Purchase And Sale Of Goods

Commerce

Voir la réponse

Question 16 Rapport

A printer that burns the print image into the photosensitive drum is called?

dot matrix printer

laser printer

daisy wheel printer

thermal printer

Détails de la réponse

The printer that burns the print image into the photosensitive drum is called a laser printer. A laser printer works by using a laser beam to create an electrostatic image on a photosensitive drum. The drum is then coated with toner, which is attracted to the areas that were exposed to the laser. The toner is then transferred onto paper and fused to the paper using heat. In contrast, dot matrix printers use a set of pins to strike an inked ribbon and form characters on paper, while daisy wheel printers use a rotating wheel with raised characters that strike an inked ribbon. Thermal printers use heat to transfer ink onto paper.

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Production

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Question 17 Rapport

A debenture holder is entitled to

Dividend

Interest

commission

Profit

Détails de la réponse

A debenture holder is entitled to receive interest on the amount of money they have lent to the company by purchasing a debenture. The interest rate and payment schedule will be set out in the debenture agreement. Unlike shareholders, debenture holders do not have an ownership stake in the company, so they are not entitled to receive dividends, commissions, or a share of the profits. Their return on investment is limited to the interest payments specified in the debenture agreement, and they have no say in the management of the company.

Lisez la note de cours sur Legal Aspects Of Business (JAMB)

Legal Aspects Of Business

Voir la réponse

Question 18 Rapport

The agency in Nigeria which ensures that products conform with government quality specifications is the?

standard organisation of Nigeria

Nigeria consumer association

manufacturers association of Nigeria

Nigeria chambers of commerce

Détails de la réponse

The agency in Nigeria that ensures that products conform with government quality specifications is the Standard Organisation of Nigeria (SON). The Standard Organisation of Nigeria is a regulatory body that is responsible for setting standards for products, services, and systems in Nigeria. They ensure that products meet the required quality specifications and are safe for consumers to use. SON is tasked with the responsibility of inspecting goods produced both locally and imported into Nigeria to make sure that they meet the quality and safety standards set by the Nigerian government. In summary, if you want to make sure that a product you're buying or producing meets the required quality standards in Nigeria, the agency to contact is the Standard Organisation of Nigeria (SON).

Lisez la note de cours sur Commerce (JAMB)

Commerce

Voir la réponse

Question 19 Rapport

Consumer sovereignty means that the consumer is?

a citizen

always independent

always wrong

always right

Détails de la réponse

Consumer sovereignty means that the power is in the hands of the consumers, and that the market is driven by their wants and needs. This means that companies and producers must take into account what consumers want and need in order to be successful. Consumers have the final say in what is produced and what is not by choosing what to buy and what not to buy. This does not mean that consumers are always right or always independent, but it does mean that their choices and decisions play a major role in shaping the market.

Lisez la note de cours sur Economic Groupings (WAEC)

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Trade (JAMB)

Economic Groupings

Commerce

Trade

Voir la réponse

Question 20 Rapport

Warehousing is a productive function because it increases the?

quantity of goods

utility of goods

quality of goods

price of goods

Détails de la réponse

Warehousing is a productive function because it increases the utility of goods. Utility refers to the satisfaction or usefulness that consumers derive from using a product. Warehousing increases utility in several ways. First, it allows for better timing of product delivery, ensuring that goods are available when they are needed. This improves customer satisfaction and reduces the risk of lost sales. Second, warehousing can help to improve product quality. Goods can be stored in a controlled environment that is protected from damage, theft, and other hazards. This helps to maintain the quality of the products and ensures that they remain in good condition until they are ready for sale. Third, warehousing enables businesses to take advantage of economies of scale. By purchasing and storing goods in bulk, they can often obtain better prices from suppliers. This can help to reduce costs and increase profitability. Overall, warehousing is an essential part of the supply chain and plays a crucial role in improving the utility of goods, which ultimately benefits both businesses and consumers.

Lisez la note de cours sur Transport, Tourism, Communication And Warehousing (WAEC)

Transport, Tourism, Communication And Warehousing

Voir la réponse

Question 21 Rapport

Money is generally acceptable for transaction due to

The rule of the law

Its acceptability in the global market

The legal backing

The central bank’s Governor’s signature

Détails de la réponse

Lisez la note de cours sur Money (JAMB)

Money

Voir la réponse

Question 22 Rapport

Which is the fastest means of transportation?

Water

air

rail

Road

Détails de la réponse

In general, air transportation is the fastest means of transportation. This is because airplanes can travel at extremely high speeds, reaching hundreds of miles per hour. In comparison, water transportation such as boats and ships typically move at much slower speeds due to resistance from the water. Similarly, rail and road transportation are also limited by factors such as traffic, terrain, and speed limits. Of course, there are exceptions to this rule. For example, in certain situations such as traveling short distances or in congested urban areas, road transportation may actually be the fastest option. And while air transportation may be the fastest in terms of raw speed, it can be limited by factors such as security checks, boarding procedures, and delays due to weather conditions. Overall, while there are many factors to consider, in terms of pure speed, air transportation is typically the fastest means of getting from one place to another.

Lisez la note de cours sur Transport, Tourism, Communication And Warehousing (WAEC)

Transport, Tourism, Communication And Warehousing

Voir la réponse

Question 23 Rapport

Goods and services are made available to consumers through

The advertising agency

Sales promotion

The channel of distribution

The middle men

Détails de la réponse

Lisez la note de cours sur Purchase And Sale Of Goods (JAMB)

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Occupation (JAMB)

Purchase And Sale Of Goods

Commerce

Occupation

Voir la réponse

Question 24 Rapport

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

Sales of shares

Admission of new partners

Discharge of mortgage

Grants from relatives

Détails de la réponse

Partnership can increase their capital through the admission of new partners and the sales of shares. When a new partner joins the partnership, they bring in additional capital, which increases the overall capital of the partnership. Similarly, when shares in the partnership are sold, it generates additional capital which also increases the total capital of the partnership. Discharging a mortgage or receiving grants from relatives may not directly increase the capital of the partnership, but they can improve the financial position of the partnership and make it easier for the partnership to raise capital in other ways.

Lisez la note de cours sur Transport, Tourism, Communication And Warehousing (WAEC)

Transport, Tourism, Communication And Warehousing

Voir la réponse

Question 25 Rapport

When a vendor supplies news papers from house to house and across the streets, the element of marketing mix involved is?

product

price

promoting

place

Détails de la réponse

The element of marketing mix involved in the scenario you described is "place." This is because the vendor is focused on the distribution and delivery of the newspapers to the intended audience, which involves choosing the right locations and routes to reach the maximum number of customers. In marketing, "place" refers to the distribution channels and methods used to get a product or service to the customers who need it. In this case, the vendor is delivering newspapers directly to people's homes and across the streets, which is a specific distribution strategy designed to make the product easily accessible to potential buyers. The vendor may choose certain locations based on factors such as population density, customer demand, and accessibility. While other elements of the marketing mix, such as the product (newspapers), price, and promotion, may also play a role in this scenario, the primary focus is on getting the product to the customer's doorstep, which falls under the "place" element of the marketing mix.

Lisez la note de cours sur Elements Of Marketing (JAMB)

Elements Of Marketing

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Question 26 Rapport

Extractive industries may also be denominated as?

direct industries

service industries

primary industries

indirect industries

Détails de la réponse

Extractive industries, also known as primary industries, are industries that are involved in the extraction and production of raw materials, such as oil, gas, minerals, and other natural resources. These industries are called "primary" because they are involved in the first step of the production process and provide the raw materials that are used to create other products. The products produced by extractive industries are often called "commodities" because they are typically sold on global markets and their prices are determined by supply and demand. In contrast, indirect industries are involved in the production of goods and services that are not directly related to the extraction of raw materials. For example, the manufacturing of consumer goods, such as cars or electronics, is an indirect industry because it relies on raw materials that have been extracted and processed by primary industries. Service industries, such as finance, education, or healthcare, are also considered indirect industries because they provide services rather than physical products.

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Production

Voir la réponse

Question 27 Rapport

A title, symbol, or design that distinguishes a company is called

Brand name

Trademark

Patent right

Détails de la réponse

The title, symbol, or design that distinguishes a company and its products or services from others is called a "trademark." It is a recognizable symbol or sign that represents a company's identity and helps consumers identify and differentiate the company's offerings from its competitors. A trademark can be a word, phrase, symbol, design, or a combination of these elements. It can be registered with the government to provide legal protection against unauthorized use by others. This means that other companies cannot use the same or similar mark to sell their products or services, which could cause confusion among consumers. In summary, a trademark is a valuable asset that companies use to protect their brand identity and to ensure that their customers can easily recognize and trust their products or services.

Lisez la note de cours sur Legal Aspect Of Business (WAEC)

Legal Aspect Of Business

Voir la réponse

Question 28 Rapport

Excise duties are paid on goods that are?

imported into the country

manufactured within the country

exported to other countries

kept in bonded warehouse

Détails de la réponse

Voir la réponse

Question 29 Rapport

i. personal savings. ii. retained earnings iii. accrued taxes.

Which of the items constitute internal sources of financing for companies?

i and ii

i and iii

ii and iii

i, ii and iii

Détails de la réponse

Lisez la note de cours sur Financing Business (JAMB)

Financing Business

Voir la réponse

Question 30 Rapport

When it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?

a receiver

an auditor

an account

a liquidator

Détails de la réponse

When a company needs to be liquidated, the first step is to appoint a liquidator. A liquidator is a professional who is responsible for managing the process of closing down the company, selling its assets, and distributing the proceeds to the creditors and shareholders. The liquidator's primary goal is to ensure that the assets of the company are sold for the best possible price, and that the proceeds are distributed fairly among the company's creditors and shareholders. The liquidator is typically appointed by the court, although in some cases, the company's directors or shareholders may appoint a liquidator voluntarily. Once appointed, the liquidator takes over the management of the company and has the power to sell its assets, settle its debts, and distribute any remaining funds to the shareholders. In summary, when a company needs to be liquidated, the first step is to appoint a liquidator who will manage the process of selling its assets and distributing the proceeds to its creditors and shareholders.

Lisez la note de cours sur Legal Aspects Of Business (JAMB)

Legal Aspects Of Business

Voir la réponse

Question 31 Rapport

When does production ends?

When the goods are distributed to the wholesalers

When the goods reaches the retailer

When the goods reaches the final consumers

When the goods are fully packaged

Détails de la réponse

Lisez la note de cours sur Production (WAEC)

Lisez la note de cours sur Occupation (WAEC)

Production

Occupation

Voir la réponse

Question 32 Rapport

A company which issues a promissory note in lieu of payment for goods purchased

Is not bound to renew the note before payment

Can return the goods purchased and refuse to pay

Can refuse to pay on due date since it is only a promise

Is bound to redeem the note for cash on due date

Détails de la réponse

Lisez la note de cours sur Purchase And Sale Of Goods (JAMB)

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Trade (JAMB)

Purchase And Sale Of Goods

Commerce

Trade

Voir la réponse

Question 33 Rapport

The business organisation in which shareholders have equal votes is?

sole proprietorship

partnership

cooperative

limited liability company

Détails de la réponse

The business organization in which shareholders have equal votes is a cooperative. In a cooperative, each shareholder is typically given one vote, regardless of the number of shares they own. This means that each shareholder has an equal say in the decision-making process of the organization, which is different from other types of businesses where the number of votes is often proportional to the number of shares owned. Cooperatives are businesses that are owned and run by their members, who may be customers, employees, or other stakeholders. They are typically formed to meet the common needs and aspirations of their members, and they operate according to principles of democratic control and participation. In addition to giving each member an equal say in the organization, cooperatives often distribute profits among their members in proportion to their participation in the business.

Lisez la note de cours sur Financing Business (JAMB)

Lisez la note de cours sur Production (WAEC)

Lisez la note de cours sur Occupation (WAEC)

Financing Business

Production

Occupation

Voir la réponse

Question 34 Rapport

Bank overdraft as a short term source of fund is

A current liability

An overdrawn account

Grade to a newly opened account

Repayable after more than a year

Détails de la réponse

Lisez la note de cours sur Commerce (JAMB)

Lisez la note de cours sur Trade (JAMB)

Commerce

Trade

Voir la réponse

Question 35 Rapport

An organization which focuses on consumers satisfaction is practicing

Marketing concepts

Selling concepts

Consumerism

Market segmentation

Détails de la réponse

The organization that focuses on consumer satisfaction is practicing the marketing concept. The marketing concept is a business philosophy that emphasizes meeting the needs and wants of customers while achieving the organization's goals. It involves researching and understanding the needs of target customers, developing products and services that meet those needs, and then promoting and distributing those products effectively. By focusing on consumer satisfaction, the organization is prioritizing the customer's needs and aiming to provide them with the best possible experience. This approach is in contrast to the selling concept, which focuses more on pushing products onto customers regardless of their needs or wants. Similarly, consumerism is a social movement that advocates for the rights and protection of consumers, while market segmentation is a strategy of dividing a market into smaller groups of customers with similar needs and characteristics for targeted marketing efforts.

Lisez la note de cours sur Elements Of Marketing (JAMB)

Elements Of Marketing

Voir la réponse

Question 36 Rapport

The progragramme that makes up the operating system in a computer system is called?

system software

micro program

syntax

system flow-chart

Détails de la réponse

The programme that makes up the operating system in a computer system is called system software. The operating system is a critical part of a computer system, as it manages the computer's hardware and software resources, and provides a user interface for interacting with the computer. The system software is a collection of programmes that make up the operating system, including the kernel, device drivers, system utilities, and other components. The kernel is the core of the operating system, responsible for managing memory, processing tasks, and handling input/output operations. Device drivers are programmes that allow the operating system to communicate with hardware devices such as printers, scanners, and network adapters. System utilities are programmes that help users manage and configure the computer system, such as file managers, system settings, and security tools. Micro programs and syntax are not typically used to refer to the programmes that make up the operating system. Micro programs are low-level instructions that are stored in the computer's firmware and used to control the processor's operation, while syntax refers to the rules and structure of a programming language. Similarly, a system flow-chart is a visual representation of the flow of operations in a computer system, but it is not a programme that makes up the operating system.

Lisez la note de cours sur Information And Communication Technology (ict) (JAMB)

Information And Communication Technology (ict)

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Question 37 Rapport

One of these is a current asset

Fittings

Machineries

Motor vehicles

stock

Détails de la réponse

The current asset in this list is "stock". Current assets are assets that are expected to be converted into cash within one year or one operating cycle, whichever is longer. Stock, also known as inventory, is a current asset because it represents goods that a company has on hand and expects to sell within one year. Fittings, machineries, and motor vehicles are not current assets because they are long-term assets that a company expects to use for more than one year in its operations. Fittings refer to equipment used in a business, such as furniture and fixtures, that are not expected to be sold as part of the company's regular operations. Machineries and motor vehicles are fixed assets used in production or for transportation, respectively.

Lisez la note de cours sur Trade (WAEC)

Lisez la note de cours sur Production (WAEC)

Lisez la note de cours sur Commerce (JAMB)

Trade

Production

Commerce

Voir la réponse

Question 38 Rapport

The two main categories under which marine losses fall into are

Total loss and partial loss

Voyage policy loss and time policy loss

Particular loss and average loss

Actual loss and general loss

Détails de la réponse

The two main categories under which marine losses fall into are: Total loss and partial loss. A total loss occurs when a ship or cargo is completely destroyed, damaged beyond repair, or lost at sea. In this case, the insurer pays out the full insured value of the ship or cargo. A partial loss occurs when a ship or cargo is damaged but can still be repaired or salvaged. In this case, the insurer pays only for the cost of repair or the decrease in value of the damaged item.

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Commerce

Production

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Question 39 Rapport

Given

	N
sales	15,000
opening stock	5,600
purchase	9,700
closing stock	4,400
gross profit	4,500
net profit	2,000

What is the rate of turnover from the table?

3.50 times

3.00 times

2.00 times

2.18

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Question 40 Rapport

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

Food and Drug Department of the Federal Ministry of Health

Federal High Courts in Nigeria

Standard Organization of Nigeria

Local Government Health Inspectors

Détails de la réponse

The Food and Drug Department of the Federal Ministry of Health has the power to order the withdrawal of a particular food item from circulation in Nigeria. This is because the Food and Drug Department is responsible for ensuring the safety, efficacy, and quality of food and drug products in Nigeria. They have the authority to regulate and enforce standards for food items in order to protect public health. If the Food and Drug Department identifies a particular food item that poses a threat to public health, they can order its withdrawal from circulation until the issue is resolved. This is done to prevent the food item from causing harm to consumers. It is important to note that other agencies such as the Standard Organization of Nigeria and Local Government Health Inspectors also have a role to play in regulating and enforcing food safety standards, but they do not have the same level of authority as the Food and Drug Department of the Federal Ministry of Health.

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Production

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