JAMB COMMERCE PAST QUESTIONS (UTME)

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Category: JAMB COMMERCE PAST QUESTIONS

The world tourism organization has it headquarters in

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All but one is not an output devices?

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Which of the following is an item in the marketing mix?

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A supplier of flour who intends to sign a contract with a baker through post can establish a binding agreement only

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Category: JAMB COMMERCE PAST QUESTIONS

Citizens are against privatization mainly because of

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Category: JAMB COMMERCE PAST QUESTIONS

Examples of consumer goods include all except________

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The vessels that operate on specific route on high seas and oceans are

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A self-contained chunk of code with principal aim to replies preferably undetected and to copy itself into the computer's memory and the computer's hard-disk is_________

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Category: JAMB COMMERCE PAST QUESTIONS

The type of activity which turns processed raw materials into consumer and industrial goods is described as ________

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Category: JAMB COMMERCE PAST QUESTIONS

An ancillary to trade which promotes socio - cultural development all over the world is

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Category: JAMB COMMERCE PAST QUESTIONS

One of the disadvantages of Sole Proprietorship is__________

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Category: JAMB COMMERCE PAST QUESTIONS

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

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Category: JAMB COMMERCE PAST QUESTIONS

One of these is a current asset

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Category: JAMB COMMERCE PAST QUESTIONS

In the formation of a united liability company, the following documents are prepared except_______

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is a traditional medium of communication used to mark festivals?

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Category: JAMB COMMERCE PAST QUESTIONS

In the transportation industry, dead freight is used to describe the

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Category: JAMB COMMERCE PAST QUESTIONS

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

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Category: JAMB COMMERCE PAST QUESTIONS

Use the following information to answer this question.

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital5000
Net Profit1000
Furniture2000
Equipment2900
Debtors100
Stock1000
Bank500

 

From the above, calculate Current assets

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Category: JAMB COMMERCE PAST QUESTIONS

Funds used for paying wages, salaries and payments for raw materials are categorized under

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Category: JAMB COMMERCE PAST QUESTIONS

When an oil exploring and mining company builds a health centre in one community where at operates, such a company is

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Category: JAMB COMMERCE PAST QUESTIONS

In Nigeria, the ministry in charge of registering trade association is that of

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Category: JAMB COMMERCE PAST QUESTIONS

Communication enhances business activities by

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Category: JAMB COMMERCE PAST QUESTIONS

Bank overdraft as a short term source of fund is

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Category: JAMB COMMERCE PAST QUESTIONS

One of the functions of the retailer is

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Category: JAMB COMMERCE PAST QUESTIONS

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital5000
Net Profit1000
Furniture2000
Equipment2900
Debtors100
Stock1000
Bank500

 

From the above, calculate Current liabilities

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Category: JAMB COMMERCE PAST QUESTIONS

One of the disadvantages of rail transport is

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Category: JAMB COMMERCE PAST QUESTIONS

DF is charging certain duties by an organization to the public to gain high patronage is a concern of financial resposibility

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Category: JAMB COMMERCE PAST QUESTIONS

The document issued by a port authority for goods deposited is a

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The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and

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Category: JAMB COMMERCE PAST QUESTIONS

The internet is a system of telecommunication used for

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The pricing policy that seeks to set prices relatively high in order to attract the wealthy segment of the market is

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Category: JAMB COMMERCE PAST QUESTIONS

Thee major aim of consumer orientation is_________

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Category: JAMB COMMERCE PAST QUESTIONS

The minimum lending rate of a bank is a component of its

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Category: JAMB COMMERCE PAST QUESTIONS

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

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Category: JAMB COMMERCE PAST QUESTIONS

Tourists with no fixed address in a town may receive their letters from post office through a

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Category: JAMB COMMERCE PAST QUESTIONS

The board of directors of public enterprise is appointed by who?

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Category: JAMB COMMERCE PAST QUESTIONS

All but one does not provide an Indirect Service?

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Category: JAMB COMMERCE PAST QUESTIONS

The development of commerce in west Africa was not hampered by

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Category: JAMB COMMERCE PAST QUESTIONS

The scope of commerce is limited to ________

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Category: JAMB COMMERCE PAST QUESTIONS

The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is

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Category: JAMB COMMERCE PAST QUESTIONS

The most important resources of business is_______

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Category: JAMB COMMERCE PAST QUESTIONS

A formal letter to a dealer to enquire details about certain items for sale is referred to as

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Category: JAMB COMMERCE PAST QUESTIONS

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital5000
Net Profit1000
Furniture2000
Equipment2900
Debtors100
Stock1000
Bank500

 

From the above, calculate Fixed assets

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Category: JAMB COMMERCE PAST QUESTIONS

A document recording the transactions of an organization with its customer for a specified period which normally shows the indebtedness of one to the other is a

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Category: JAMB COMMERCE PAST QUESTIONS

The policy used when contracts are awarded as a result of tender is________

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Category: JAMB COMMERCE PAST QUESTIONS

The process of winding up or bringing a company to an end is________

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Category: JAMB COMMERCE PAST QUESTIONS

One of the functions of the Nigerian Ports Authority is that it

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Category: JAMB COMMERCE PAST QUESTIONS

One of these is not a major in the production process?

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Category: JAMB COMMERCE PAST QUESTIONS

The production of goods and services in anticipation of demand is made possible by _______

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Category: JAMB COMMERCE PAST QUESTIONS

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

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Category: JAMB COMMERCE PAST QUESTIONS

One of the products of an extractive industry is

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is a legal tender?

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is NOT backed by gold but by government securites?

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is the best method for computing working capital

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Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is a verbal means of communication

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Category: JAMB COMMERCE PAST QUESTIONS

Privatization is

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Category: JAMB COMMERCE PAST QUESTIONS

The factors which critically determines the choice of occupation is

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Category: JAMB COMMERCE PAST QUESTIONS

The business unit that applies the principle of one man, one vote is ______

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Category: JAMB COMMERCE PAST QUESTIONS

The agency in Nigeria which ensure that products conform to government quality specification is the

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Category: JAMB COMMERCE PAST QUESTIONS

The application of division of labour would generally bring about

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