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Question 2 Report
A system in which a group of persons are appointed to carry out special duties of policy and decision-making is referred to as the
Question 3 Report
The luxurious boats used for passengers from one town to another are
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Question 5 Report
A management function which reflects effective identification and grouping of work is
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Question 6 Report
The type of advertising that influences consumer's choice of products is
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Question 7 Report
The quickest and most accurate means of communication is
Question 8 Report
The factors responsible for large scale production of durable goods are
Question 9 Report
The transfer of risks from an insurer to another insurer for premium is referred to as
Question 10 Report
The individuals who conceive the idea of a company and undertake to fulfill the legal requirements for the venture are the
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Question 11 Report
The trade that takes place when imported goods are re-exported is known as
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Question 12 Report
An element of the marketing mix that is concerned with feature and quality is
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Question 13 Report
A document issued by financial organizations to enable holders to buy goods on credit is called
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Question 14 Report
Foreign trade transactions are carrried out through the use of
Question 15 Report
Free editorial space or time not paid for by an organization is called
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Question 16 Report
One of the primary functions of the thrift, credit and loans cooperative society is to
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Question 17 Report
Kola who had an accident was taken to hospital by Kemi. Kola promised to give Kemi N 500 when discharged. Kola failed to fulfil his promise. Which of the following is legally correct?
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Question 18 Report
A mutual compromise between the central bank and other banks on strategies for economic activities is reached through
Question 19 Report
The price of an item is N 300 with a trade discount of 20%, What is the selling price?
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Question 20 Report
The construction of dams, irrigation drains and navigation major responsibility of the
Question 23 Report
A legal document representing a promise by a company to pay back a loan over a period of time is referred to as a
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Question 24 Report
An unconditional order by a creditor to a debtor requiring payment on a specified date is called
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Question 25 Report
Personal selling is important to a business because it can be used to
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Question 27 Report
A country’s balance of payments is divided into
Question 30 Report
An association of two or that each cannot handle alone is
Question 31 Report
The contribution of a department towards the attainment of corporate goals is its
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Question 32 Report
information and communication technology is advantageous to the banking industry because
Question 35 Report
The effective dissemination of information about products is a social responsibility of a company to its
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Question 36 Report
In the Sale of Goods Act, goods which have been identified and agreed upon at the time of contract are called
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Question 37 Report
An electronic system of communication which serves as the international information bank is called
Question 41 Report
A major disadvantage of the mainframe computer is its
Question 42 Report
The benefits that students derive from tourism are
Question 44 Report
The inflationary conditions of a country and her interest rate constitute her
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