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Tambaya 1 Rahoto
The principle of insurance that prevents the insured from benefiting in an event where he suffers no material or financial loss is
Bayanin Amsa
Tambaya 3 Rahoto
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?
Tambaya 5 Rahoto
A Speculator in the stock exchange who buys shares hope that prices will rise is called
Bayanin Amsa
Tambaya 6 Rahoto
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
Bayanin Amsa
Tambaya 7 Rahoto
A marketing term the for the presentation of goods in a neatly wrapped container is
Bayanin Amsa
Tambaya 9 Rahoto
The payment made by government to producers to enable them reduce price is known as
Bayanin Amsa
Tambaya 11 Rahoto
The amount receivable by shareholders after the declaration of profit is called
Tambaya 12 Rahoto
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?
Bayanin Amsa
Tambaya 13 Rahoto
“Be a millionaire” a slogan adopted by one of them G.S.M providers is an example of
Bayanin Amsa
Tambaya 14 Rahoto
The process of passing information from one person to another in an organization is known as
Tambaya 15 Rahoto
The actual amount of share capital a company is allowed to issue to the public is the ---- capital
Tambaya 17 Rahoto
In which order are the following documents used?
I. Enquiry
II. Delivery note
III. Order
IV. Invoice
V. Quotation
Bayanin Amsa
Tambaya 18 Rahoto
Adeleke places his vehicle for sale at N150,000,00 Ibrahim had agreed to pay the amount. In this Trans: Adeleke is the
Bayanin Amsa
Tambaya 19 Rahoto
Income distribution, nature of natural resources, investment etc. forms part of -----business environment.
Tambaya 20 Rahoto
The losses incurred in the running of Public Corporations are borne by the
Bayanin Amsa
Tambaya 23 Rahoto
A document that is sent by the seller to the buyer to indicate an increase in the annual owes is
Tambaya 24 Rahoto
The authority that transfers to a third party the shard right to vote is called
Bayanin Amsa
Tambaya 25 Rahoto
Which of the following is NOT true of a cheque as a means of payment? It
Bayanin Amsa
Tambaya 26 Rahoto
Which of the following is NOT true of a cheque as a means of payment? It
Bayanin Amsa
Tambaya 28 Rahoto
The most suitable mode of transporting very bulky goods from Lagos to Kaduna is the
Tambaya 31 Rahoto
Shares, stocks, government bonds trade in the stock exchange marks: are known as
Bayanin Amsa
Tambaya 32 Rahoto
Telecommunication services are provided by
Tambaya 37 Rahoto
Another name for a foreign order is
Tambaya 38 Rahoto
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 ……….
Bayanin Amsa
Tambaya 39 Rahoto
When the supplier changes a retailer for not returning empty packages, the supplier sends him a/an
Bayanin Amsa
Tambaya 40 Rahoto
Coal mining is an example of
Tambaya 41 Rahoto
A financial document stating the reasons for making a payment and details of the payment is
Tambaya 42 Rahoto
A disadvantage of commercialization of public enterprises in Nigeria is that it
Bayanin Amsa
Tambaya 43 Rahoto
The most suitable mode of transport for conveying gas and liquid within Nigeria is
Tambaya 45 Rahoto
Which of the following relies on subvention as the main source of capital?
Tambaya 46 Rahoto
The practice of selling some goods below market price to attract more customers is known as
Bayanin Amsa
Tambaya 47 Rahoto
The building of schools and hospitals for communities by some oil companies in Niger Delta of Nigeria is an example of
Tambaya 48 Rahoto
An example of service rendering trade association is
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