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 151: In the line type of organizational structure, Options:
  A) the lines of authority are vertical
  B) there is the application of division of labour
  C) specialization is carried to a maximum degree
  D) the lines of authority are horizontal
  Show Answer
  The correct answer is C .
• Question 152:

  On liquidation of a public limited liability company, the residual owners are the?

  Options:
  A) creditors
  B) debenture shareholders
  C) preference shareholders
  D) ordinary shareholder
  Show Answer
  The correct answer is D .
• Question 153: The symbol at in an internet mail address is used to? Options:
  A) seperate the user name from the machine name
  B) link the user with other Internet users
  C) locate the addresses of Internet users
  D) link the user with the machine
  Show Answer
  The correct answer is B .
• Question 154: Which of the following is a type of system software Options:
  A) utility programmes
  B) registers
  C) hard drives
  D) packages
  Show Answer
  The correct answer is A .
• Question 155:

  Central banks sell treasury bills to the public to

  Options:
  A) increase cash in the banking system
  B) raise revenue for commerical banks
  C) raise revenue for private investors
  D) reduce cash in circulation
  Show Answer
  The correct answer is D .
• Question 156:

  One of the objectives of the Niger Basin Commission is to

  Options:
  A) regulate the movement of citizens across borders
  B) improve tariff and quota on non-members
  C) regulate the movement of cargo along the river
  D) streaming the construction of dams on the river
  Show Answer
  The correct answer is D .
• Question 157: The three components of staffing are? Options:
  A) recruitment, interview and appointment
  B) recruitment, test and placement
  C) recruitment, selection and appointment
  D) recruitment, selection and placement
  Show Answer
  The correct answer is D .
• Question 158: A distinctive advantage of GSM is its? Options:
  A) mobility
  B) cost
  C) stability
  D) coverage
  Show Answer
  The correct answer is A .
• Question 159: DFischarging certian duties by an organization to the public to gain high patronage is a concern of financial resposibility Options:
  A) financial responsibility
  B) economic responsibility
  C) legal responsibility
  D) social responsibility
  Show Answer
  The correct answer is D .
• Question 160:

  A paid presentation about a product with a view to encouraging purchases by an identifiable sponsor is

  Options:
  A) publicity
  B) personal selling
  C) sales promotion
  D) advertisement
  Show Answer
  The correct answer is D .