JAMB COMMERCE PAST QUESTIONS (UTME)

Practice this COMMERCE UTME exam questions and answers Our experts have provided correct answers to these questions.

0%
0

Copy - JAMB COMMERCE PAST QUESTIONS

Attempt all 60 questions from our pool of questions. 60 questions will be picked automatically from our question bank.

You have 1 hour for this exam. You can re-take the exam again and again

 

Goodluck

1 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

2 / 60

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

3 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The development of commerce in west Africa was not hampered by

4 / 60

Category: JAMB COMMERCE PAST QUESTIONS

A partnership may be automatically dissolved due to the following factors except________

5 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Labour as an input in production can be motivated by

6 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

7 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

8 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

9 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Which of the following is classified as an immaterial want?

10 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

11 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The payment for direct service is usually made by the

12 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Which of the following functions is not performed by warehousing?

13 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

14 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The act of selling in a foreign market at a price lower than the cost price is called

15 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The most important resources of business is_______

16 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Which of the followingis a modern trend in retailing ?

17 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

18 / 60

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

19 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

20 / 60

Category: JAMB COMMERCE PAST QUESTIONS

All but one is not an output devices?

21 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The document that gives an important freehand to obtain goods form any manufacturer is

22 / 60

Category: JAMB COMMERCE PAST QUESTIONS

In product pricing, which of these elements need more consideration than others?

23 / 60

Category: JAMB COMMERCE PAST QUESTIONS

What is a Quota?

24 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

25 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The duties paid on goods produced locally is

26 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Trade fairs in Nigeria are organized by

27 / 60

Category: JAMB COMMERCE PAST QUESTIONS

To eliminate middlemen, there should be a retail outlet such as

28 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Cooperation and friendliness are enhanced among nations through interdependence necessitated by

29 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Land as a factor of production does not vary in _______

30 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

31 / 60

Category: JAMB COMMERCE PAST QUESTIONS

One of these is a current asset

32 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Privatization is

33 / 60

Category: JAMB COMMERCE PAST QUESTIONS

An association that acts as a watchdog between enterpreneurs and government to protect trade from any unfavourable laws is said to be a

34 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

35 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

36 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

37 / 60

Category: JAMB COMMERCE PAST QUESTIONS

One of the disadvantages of rail transport is

38 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

39 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Which of the following best describes an invoice?

40 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

41 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The application of division of labour would generally bring about

42 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Company has an authorized capital of 100 millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up the remaining 50 million shares have

43 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

44 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The effects of devaluation includes all except _______

45 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The scope of commerce is limited to ________

46 / 60

Category: JAMB COMMERCE PAST QUESTIONS

In Nigeria, it is mandatory for all business enterprises to be registered with the________

47 / 60

Category: JAMB COMMERCE PAST QUESTIONS

A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue

48 / 60

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

49 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

50 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The factors which critically determines the choice of occupation is

51 / 60

Category: JAMB COMMERCE PAST QUESTIONS

The risks that can be forecast and measured is termed___________

52 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

53 / 60

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

54 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Communication enhances business activities by

55 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Citizens are against privatization mainly because of

56 / 60

Category: JAMB COMMERCE PAST QUESTIONS

Thee major aim of consumer orientation is_________

57 / 60

Category: JAMB COMMERCE PAST QUESTIONS

keeping the goods safe until they and needed

58 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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_________

59 / 60

Category: JAMB COMMERCE PAST QUESTIONS

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

60 / 60

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

Your score is

0%

Preparing for the Unified Tertiary Matriculation Examination (UTME) can be a daunting task, especially when it comes to subjects like Commerce.

With a vast syllabus to cover, students often find themselves overwhelmed. However, with the right resources, acing the Commerce section of the UTME becomes significantly easier. Acadlly Exams provides a comprehensive platform for students to practice past questions and get well-prepared for their exams.

Why Commerce Past Questions & Answers Are Essential

1. Familiarity with Exam Pattern: Understanding the format of questions helps reduce anxiety and improves confidence.
2. Identifying Key Topics: Repeated practice highlights recurring topics and areas of emphasis.
3. Time Management: Regular practice aids in developing the skill of answering questions within the stipulated time.
4. Self-Assessment: It allows students to gauge their preparation level and identify areas needing improvement.

Features of Acadlly Exams

1. Extensive Question Bank: Acadlly Exams offers an extensive collection of past Commerce questions, covering a wide range of topics.
2. Detailed Answers and Explanations: Each question is accompanied by a detailed answer and explanation, aiding in better understanding and retention.
3. User-Friendly Interface: The platform is designed to be easy to navigate, ensuring a seamless learning experience.
4. Performance Analytics: Track your progress and performance through detailed analytics, helping you to focus on weaker areas.
5. Flexible Learning: Access the platform anytime, anywhere, making it convenient to fit study sessions into your schedule.

How to Maximize Your Study Sessions with Acadlly Exams

1. Consistent Practice: Regularly attempt practice questions to stay sharp and retain information.
2. Review Mistakes: Spend time understanding the explanations for questions you got wrong.
3. Simulate Exam Conditions: Take timed quizzes to get used to the pressure of the actual exam.
4. Focus on Weak Areas: Use the performance analytics to identify and improve on weak areas.

FAQs

1. How do I access the Commerce past questions on Acadlly Exams?
Simply sign up on the Acadlly Exams platform, navigate to the Commerce section, and you will find a wide array of past questions and answers.

2. Are the past questions on Acadlly Exams up to date?
Yes, Acadlly Exams regularly updates its question bank to ensure it includes the most recent and relevant questions.

3. Can I access Acadlly Exams on my mobile device?
Absolutely! Acadlly Exams is optimized for both desktop and mobile devices, allowing you to study on the go.

4. Does Acadlly Exams offer explanations for the answers?
Yes, each question comes with a detailed explanation to help you understand the concepts better.

5. Is there a subscription fee for using Acadlly Exams?
Acadlly Exams offers both free and premium subscription options. The premium subscription provides access to additional features and a larger question bank.

6. Can I track my progress on Acadlly Exams?
Yes, the platform includes performance analytics that help you track your progress and identify areas needing improvement.

7. How often should I practice with past questions on Acadlly Exams?
– It’s advisable to practice daily or as often as possible to keep the material fresh in your mind and build confidence.

Preparing for the Commerce section of the UTME doesn’t have to be stressful. With the right resources like Acadlly Exams, you can practice effectively and improve your chances of achieving a high score. Start practicing today and take a step closer to your academic goals.

Leave a Comment

Your email address will not be published. Required fields are marked *

error: Content is protected !!
Scroll to Top