Commerce Exam Past Questions and Answers | JAMB, WAEC and NECO

Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.

• Question 1121: The effects of devaluation includes all except _______ Options:
  A) exports become cheaper
  B) expansion of local industries
  C) increase in standard of living
  D) increase in import
  Show Answer
  The correct answer is D .
• Question 1122: The type of securities that the stock exchange deals with are Options:
  A) warrants, currency notes, money orders and postal orders
  B) cheques, bankdrafts , warrants and promissory notes
  C) bonds ivory, treasure bills, debentures and warrants
  D) stocks, shares, bonds and warrants.
  Show Answer
  The correct answer is D .
• Question 1123: In the permanent storage device, DASD means Options:
  A) Data Access Systems Device
  B) Direct Access Systems Device
  C) Data Access Storage Device
  D) Direct Access Storage Device
  Show Answer
  The correct answer is C .
• Question 1124: The mode of transportation that conveys a limited variety of products through fixed laid routes is? Options:
  A) waterways
  B) road
  C) rail
  D) pipeline
  Show Answer
  The correct answer is D .
• Question 1125: Money can simply be referred to as a? Options:
  A) medium of exchange
  B) means for the settlement of debts
  C) durable assets for doing business
  D) standard of value
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  The correct answer is A .
• Question 1126: The business environment that takes into cognizance the age distribution ethnic mix and educational level of the consumer is Options:
  A) Natural Environment
  B) Cultural environment
  C) Economic environment
  D) Demographic Environment
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  The correct answer is D .
• Question 1127: The part of the computer that has the capacity to interpret instruction is _______ Options:
  A) universal power storage
  B) central processing unit
  C) keyboard
  D) monitor
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  The correct answer is B .
• Question 1128:

  

  Use the information above to answer this question.

  What is the ratio?

  Options:
  A) 2.95:1
  B) 4.25:1
  C) 4.75:1
  D) 5,55:1
  Show Answer
  The correct answer is A .
• Question 1129: A partnership is dissolved when? Options:
  A) the business suffers a loss
  B) there is bankruptcy
  C) there is consistent theft
  D) there is misunderstanding between partners
  Show Answer
  The correct answer is B .
• Question 1130: The first stage in tourism planing is? Options:
  A) assessing feedback from tourists
  B) preparing a list of tourists
  C) creating recreational opportunities
  D) building community support
  Show Answer
  The correct answer is B .